Indices are slightly lower due to overbought conditions.
S&P 500 @ 1416.24
Internals are negative by almost 2 to 1
Oil Down 55 cents
Gold UP $3.10
Canadian $ Down 7 tick @ 101.12
VIX UP 6.02% @ 14.26
Portfolio is EXPE,LVS,NTES,JCP,TCK...
Most stocks are down
@ 2.08 following are UP :
EXPE,LVS,NTES,JCP,AAPL,LNKD,FB,AGU,
C,BWLD,SLW,AEM,MS,BAC,WYNN,GS....
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteBought some SPLK at $31.2343. I've liked the name but was worried about the quarter. The price action compelled me to get in now though and hopefully I didn't chase too badly and still have some upside--I think it looks ok.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with SPLK.....in an uptrending stock...you never know how high it can & will go.
Saleem
Hey Saleem,
ReplyDeleteI should add that some of the comments made over the weekend by the SAP CEO about acquisitions makes me think some of the gain today is related to that. It would not surprise me to see SPLK or peers get bought by the heavyweights (SAP, ORCL, IBM, etc).
Stocktrader
Hi Stocktrader,
ReplyDeleteThere is higher chance that software companies are in play....include OTEX in that list of takeover.
Saleem
Hey Saleem,
ReplyDeleteOTEX bounced nicely above after testing below the 200 DMA today. It definitely looks good here! :)
Stocktrader
SALEEM
ReplyDeletewe may close green
A good chance almost all stocks are green
Green is good
C
Hi C,
ReplyDeleteGreen $$$ is good ALWAYS.....
Saleem
SALEEM
ReplyDeleteYOU the man
I am glad that your celebration was outstanding
Festivities are good
WE celebrate Thanksgiving
We got to the temple in Seattle in September 16, 2012
Have a good evening
I may sell SFL my last shares at $16.05 mybe !!:):)
C
Hi C,
ReplyDeleteEID celebration goes on for 3 days. It is good to get away from grind of daily challenges..good for soul.
Good luck with SFL......
Saleem