Thursday, May 3, 2012

Weak ISM report taking a toll ......

Indices are down .58% to 1.21% after weak ISM report.

Internals are negative by minimum 2 to 1....

S&P 500 @ 1390.30

Oil Down $2.68

Gold Down $21.50

Canadian $ Down 19 tick @ 101.15

VIX UP 6.16% @ 17.92

Portfolio is COH,LSI,LVS,LNKD,RIMM

Most stocks are down

@ 2.19 following are green :

LNKD,LULU,GOOG,M,CRM....

BLOG does NOT give buy or sell.

Saleem
at

9 comments:

  1. stocktrader_1996May 3, 2012 at 11:41 AM

    Hey Saleem,

    I decided to keep the CF, partly because I expect a decent jobs number tomorrow, but also the fact that CF has outperformed for so many days now that it leads me to believe good things are in store for the company, even if there is a sell-on-the-news reaction.

    Trying not to overthink things right now...

    Stocktrader

    ReplyDelete
  2. Stocks100May 3, 2012 at 11:46 AM

    Hi Stocktrader,

    CF has been "the best stock" in AG sector..no doubt about it....

    CF could be a long term hold.....

    Good luck !!!!

    Saleem

    ReplyDelete
  3. stocktrader_1996May 3, 2012 at 11:50 AM

    Hey Saleem,

    I am so highly disappointed by the action in OCZ and APKT post earnings that any hold through earnings makes me nervous now. Both those stocks opened nicely higher and just tanked the rest of the day...

    Stocktrader

    ReplyDelete
  4. Stocks100May 3, 2012 at 11:54 AM

    Hi Stocktrader,

    Post earning TAPE depends on HF take & how they want to play it.

    OCZ is coming back nicely....APKT AH & during the day is a major surprise....

    BUT..it all depends how you feel about those stocks.

    Saleem

    ReplyDelete
  5. stocktrader_1996May 3, 2012 at 11:57 AM

    Hey Saleem,

    I listened to APKT CC so I feel fine holding.

    I missed OCZ CC, but revenue guide up was so huge I didn't think to worry. I'll have to check out the transcript this weekend when I have more time.

    Stocktrader

    ReplyDelete
  6. stocktrader_1996May 3, 2012 at 1:50 PM

    Hey Saleem,

    Great move on LNKD! :)

    Stocktrader

    ReplyDelete
  7. Stocks100May 3, 2012 at 1:57 PM

    Hi Stocktrader,

    Thanks....its about time.....

    Saleem

    ReplyDelete
  8. cMay 3, 2012 at 2:14 PM

    Saleem
    You. Rock
    Linked
    Wow

    ReplyDelete
  9. Stocks100May 3, 2012 at 2:17 PM

    Hi C,

    Thanks....1st homerun of 2012 !!!

    Saleem

    ReplyDelete