Thursday, August 16, 2012

Indices UP .75% to 1.16%....NICE !!!

Indices are trying to stage a "breakout", all indices nicely UP.

S&P 500 @ 1417.04

RSI @ 68.17

Internals are positive.

Oil UP $1.37

Gold UP $11.60

Canadian $ UP 29 tick @ 101.37

VIX Down 1.85 @ 14.36

In my portfolio :

Sold LEN

Sold BIDU

Portfolio is LVS,JCP,NTES,TCK,AUY

Most stocks are UP

@ 2.46 following are down :

NTES,EXPE,KORS,FB,ZNGA,ARNA,IBN....

BLOG does NOT give buy or sell.

Saleem

6 comments:

stocktrader_1996 said...

Hey Saleem,

I sense a bit of scramble today. To me that signals we are close to a pause in the markets. I may make some moves tomorrow (first day I can do real selling anyways due to the restrictions).

Stocktrader

Stocks100 said...

Hi Stocktrader,

It is good to book gains, I have one more to sell...IF i get my price in AUY...

Saleem

stocktrader_1996 said...

Hey Saleem,

Interestingly, the CSCO conference call made me more interested in APKT due to the mention of service providers picking up their capex spending in the second half. It will be on my radar, hopefully to buy on a pullback.

Stocktrader

c said...

SALEEM
I also sold my BIDU
now I have cash

WeeeWho
Did you sell AUY??
What a close
C

Stocks100 said...

Hi Stocktrader,

Yes..CSCO read is more close to reality.....

I am going to watch closely what happens next....

Saleem

Stocks100 said...

Hi C,

YES.. i sold AUY 1 mt before close...

Saleem