So..... there was Greece election & there was Spanish bond yielding 7.16%...but market IS marching on its own drum IGNORING bearish drum roll which lasted only 15 mts @ open.....
S&P 500 high so far is 1346.59 currently @ 1345.33
RSI @ 56.20
Internals are positive
Oil Down 74 cents
Gold Down $1.90
Canadian $ Down 39 tick @ 97.50
VIX Down 10.09%@ 18.98
Portfolio includes COH,LVS,LEN,LNKD,JCP
Most stocks are UP
@ 1.55 following are red :
COH,JCP,CLF,NAV,X,BJRI,GS,KOG,IBN....
BLOG does NOT give buy or sell.
Saleem
13 comments:
Hey Saleem,
Bought back CMI and PFPT. Although I didn't pay up much for these two from prior sell prices, it is frustrating to look at some of my others like WWWW and LEN.
The market is very impressive today! Is this just a Monday effect? or is this the legitimate trend for the forseeable future?
Stocktrader
SALEEM and all
the market has lots of money flowing form over seas
even CNQ is up for goodness sake
get some SFL for a trade, IMHO.
look at the ag stocks a are POPING AGU, POT up today
My gosh APPLE is a popping up $12.50
BEST to all, good luck!!!!!!!!
C
Hi Stocktrader,
Market has been stable & showing UPtrend @ start of June......
I think that market has discounted Greece & Spain already.....
Its time to buy & watch it grow.....
Saleem
Hi C,
When is this strong..it is good to have stocks like AAPL.....
Good luck with your portfolio $$$$$
Saleem
Hey Saleem,
Bought some APKT and PAY also. I still don't know what to do about WWWW and LEN. I wonder if any kind of pullback is coming?
Stocktrader
Hi Stocktrader,
Strong stocks stay strong.....
Never too late to buy good ones.
Good luck with your decision.
Saleem
Hey Saleem,
Took this tiny dip opportunity to buy WWWW and LEN back. Also bought MOS--back to 100% invested.
Great NASDAQ performance today--bodes well for the market! :)
Stocktrader
Hi Stocktrader,
I am really happy that you are "all in".....
Good luck !!!
Saleem
Hey Saleem,
Altogether I bet that failed "move" cost me around 1% total performance in the portfolio. While not a huge amount, it is sad because the idea was not well-conceived.
Glad to be back in my favorites :)
Stocktrader
SALEEM
I was looking for apple to break on up a lot higher
Lost some MOMO
LEN is hot today too
CNQ dropped back some --SPL is back up form the low
as I predicted, GOt some at $14.64
should I sell it or hold over night--hmmmmmm
thanks to all
Best to you all
SALEEM
SO SORRY
my buy should be SFL
my bad
C
Hi C,
Try to hold any sell till Tuesday ...
Saleem
Hi Stocktrader,
Hopefully...that 1% lesson should create 100 fold profit....
Saleem
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