Monday, July 2, 2012

Nasdaq staying green, despite poor ISM data......

Indices are mixed, with Nasdaq showing green.

ISM data was recessionary.

Internals are mixed

S&P 500 @ 1360.09

Oil Down $1.75

Gold Down $6.50

Canadian $ Down 9 tick @ 98.22

VIX UP 2.11% @ 17.44

In my portfolio :

Added 40% BIDU @ $115.25

Portfolio is BIDU,COH,LVS,NTES,JCP

Stocks are mixed

@ 2.03 following are Down :

BIDU,LVS,JCP,LULU,M,CLF,FCX,LEN,FB,
GG,GOOG,AMZN,SU,LRCX,BRCM,NAV,
BWLD,GMCR,ARNA,NVDA,MOS,SBUX,
CCJ,APKT,SINA,ECA,MGA,WYNN,IBN...

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

Sold NUAN at 23.21 (bad price I know). There are rumors out there that AAPL is looking to internally replace NUAN for its Siri relationship as they are hiring a bunch of speech engineers at this time. Given a lot of NUAN's growth value is based on the AAPL relationship, I'd rather sell now and see what happens. At worst, I buy it back a little higher after some clarity.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Prices we do not control ..but investing thesis we do control.

IF you are uneasy about any stock, then it is wise to move on.

Saleem