Ben Bernanke played the expected card of extending the Twist operation to the tune of $267 Billion.
First we extended the downward pressure then UP & now neutral in indices.
Internals are mixed.
Oil Down $2.40
Gold Down $8.20
Canadian $ Down 9 tick @ 98.16
VIX Down 1.63% @ 18.08
In my portfolio :
Sold LNKD
Portfolio is COH,LVS,LEN,JCP
Most stocks are UP
@ 2.00 following are down :
NTES,PCLN,BIDU,M,GOOG,AAPL,AMZN,
NAV,BWLD,EXPE,AUY,GG,SU,SINA,ECA....
BLOG does NOT give buy or sell.
Saleem
8 comments:
Hello Saleem
I did not like the charts for PCLN and CMG
But of the two: CMG gas target of $460 and RSI is 58
Maybe more LEN??
thanks
C
Hi C,
CMG is above 50DMA & PCLN is ready to cross it.....but i am not buying anything so far.....
Saleem
S
take a look at VALE
seems like a gooooodie!
The market can not make its mind up--down
Hmmm
VBTA
C
Hi C,
Bought NTES......
Saleem
Saleem
I do like NTES
see this ::Bullish Moving Average Cross by Netease.com (NTES)
1 days 2 hours 58 minutes ago - Financial News Network Online - Moving Average Crossovers
Netease.com (NASDAQ:NTES) shares have crossed bullishly above their 10-day moving average of $61.43 on a volume of 184K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.NetEase.com Inc. provides an Internet community for Chinese users. The Company's Web site offers email, online auctions, online chat rooms, personalized Web sites, instant messaging, Web hosting, and e-commerce services.
I may get some to?
C
Hi C,
I am glad that other technical outfits think NTES is ready to move UP.
Saleem
Hey Saleem,
I listened to the RHT conference call and it was very positive. The guidance "miss" is currency related and their business trends remain strong. I think it's a good buy down 10% here and this close to the 200 DMA as support.
Stocktrader
Hi Stocktrader,
Thanks for your take on RHT cc....
I had this stock 12 yrs ago & played ER..did not do well....down quick $3 per share overnight......
Never touched since....
Saleem
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