Tuesday, October 2, 2012

Indices down .13% to .46%.......

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

10 comments:

stocktrader_1996 said...

Hey Saleem,

I 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

Stocks100 said...

Hi Stocktrader,

It is nice to be UP on a down day.

APKT certainly is behaving better.

Saleem

Up said...

C

AAPL test 50ma. Is this the low of this wave? I am back in half. Hope for the best

Up said...

Saleem

RIMM break first long term trendline. Look very good so far. We have to see if there is any follow through tomorrow

Stocks100 said...

Hi Up,

I sold RIMM....was in @ $6.80 out @ $8.35....

Saleem

Up said...

Saleem

Great gains. I am so happy for you

Stocks100 said...

Hi Up,

Thanks !!!

22.8% gain in RIMM in four trading days.....

Saleem

stocktrader_1996 said...

Hey Saleem,

Great gains indeed! Do you have any targets in mind for a new stock?

Stocktrader

Stocks100 said...

Hi Stocktrader,

I 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

stocktrader_1996 said...

Hey Saleem,

Absolutely 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