Thursday, July 12, 2012

DOW green.......NICE !!!!

Indices were under pressure due to ongoing concern about world economy.

S&P 500 @ 1337.43

Internals are negative by almost 2 to 1

52 wk New highs & New lows are mixed

Oil UP 12 cents

Gold Down $7

Canadian $ UP 2 tick @ 98.10

VIX UP 1.56% @ 18.23

Portfolio is BIDU, LVS,NTES,JCP,TCK....

Most stocks are down

@ 2.07 following are green :

NTES,LNKD,FB,CMG,LEN,BKW,
MA,V,ZNGA,BWLD,SBUX,APKT,
SINA,KOG....

BLOG does NOT give buy or sell.

Saleem
at

6 comments:

  1. cJuly 12, 2012 at 11:47 AM

    Hello Saleem

    Got some SFL at $15 get some

    C

    ReplyDelete
  2. Stocks100July 12, 2012 at 11:52 AM

    Hi C,

    You are a seasoned trader of SFL...i am sitting tight for now.....

    Saleem

    ReplyDelete
  3. cJuly 12, 2012 at 12:31 PM

    Saleem

    have a great evening
    the market is going GREEN

    Yes
    C

    ReplyDelete
  4. Stocks100July 12, 2012 at 12:37 PM

    Hi C,

    YES..market got strength...

    Enjoy your evening too.

    Saleem

    ReplyDelete
  5. stocktrader_1996July 12, 2012 at 1:18 PM

    Hey Saleem,

    Wow--talk about a close "on the fence"--just 0.21 above the S&P 50 DMA! Good price action in many stocks but weak NASDAQ still. Both my hedge (SQQQ) and many of my stocks (ADNC, PFPT notably) were up today so I was able to manage a 0.78% overall gain. Also, I now have some decent cash available for special situations (24%).

    China data should be interesting tonight!

    Stocktrader

    ReplyDelete
  6. Stocks100July 12, 2012 at 2:10 PM

    Hi Stocktrader,

    1.44% decline is what i have....

    I am happy that your strategy is working.

    Saleem

    ReplyDelete