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
at

6 comments:

  1. stocktrader_1996August 16, 2012 at 11:54 AM

    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

    ReplyDelete
  2. Stocks100August 16, 2012 at 11:58 AM

    Hi Stocktrader,

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

    Saleem

    ReplyDelete
  3. stocktrader_1996August 16, 2012 at 12:04 PM

    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

    ReplyDelete
  4. cAugust 16, 2012 at 1:11 PM

    SALEEM
    I also sold my BIDU
    now I have cash

    WeeeWho
    Did you sell AUY??
    What a close
    C

    ReplyDelete
  5. Stocks100August 16, 2012 at 2:52 PM

    Hi Stocktrader,

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

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

    Saleem

    ReplyDelete
  6. Stocks100August 16, 2012 at 2:52 PM

    Hi C,

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

    Saleem

    ReplyDelete