Indices are marking time for Fed minute & Jobs report.
S&P 500 @ 1441.60
RSI @ 54.00
Internals are negative
Oil Down 3 cents
Gold Down $7.80
Canadian $ Down 10 tick @ 101.73
VIX Down .25% @ 16.28
In my portfolio :
Sold RIMM
Portfolio is BIDU,DNKN,EXPE,LVS,LEN,YHOO
Most stocks are down
@ 2.07 following are UP :
RIMM,LEN,YHOO,FFIV,CRUS,LULU,
LNKD,FB,SNDK,COH,SU,LRCX,MU,
ZNGA,C,FNSR,ARNA,CCJ,APKT,
MGA,MS,KOG,GS.....
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteI think people are finally picking up on the fact that APKT didn't preannounce and therefore might actually hit numbers for once! :)
APKT is just one of my outperformers today--I'm overall up 0.35% despite the averages (and a major PFPT decline).
Stocktrader
Hi Stocktrader,
ReplyDeleteIt is nice to be UP on a down day.
APKT certainly is behaving better.
Saleem
C
ReplyDeleteAAPL test 50ma. Is this the low of this wave? I am back in half. Hope for the best
Saleem
ReplyDeleteRIMM break first long term trendline. Look very good so far. We have to see if there is any follow through tomorrow
Hi Up,
ReplyDeleteI sold RIMM....was in @ $6.80 out @ $8.35....
Saleem
Saleem
ReplyDeleteGreat gains. I am so happy for you
Hi Up,
ReplyDeleteThanks !!!
22.8% gain in RIMM in four trading days.....
Saleem
Hey Saleem,
ReplyDeleteGreat gains indeed! Do you have any targets in mind for a new stock?
Stocktrader
Hi Stocktrader,
ReplyDeleteI look for opportunity for a quick trade.....sometimes price get so attractive that it becomes a good trade.......
Based on today's close JCP is in my focus.....
SNDK is looking strong...to name a few....normally i shoot for $2 gain is stock priced $20 & UP.....
I am practicing Singles instead of homeruns.........
I am not sure if i have answered your question.....
Saleem
Hey Saleem,
ReplyDeleteAbsolutely did. And funny, I also looked at the SNDK chart today. It looks like support held great and the outperformance today was significant, but I think I'm too chicken to play in the memory market anymore after my brief stint previously in SNDK.
Good luck with your decisions. I worry about tomorrow's ADP so maybe cash is a perfect thing to have for opportunities.
I'm looking at PANW really closely again. I read the outperform report from JMP Securities today and had some compelling points to go along with the $77 PT. Add FIRE's AH guidance raise and I wonder if PANW has rested enough?
Stocktrader