Monday, October 1, 2012

Indices UP.12% to .97% on better Chinese PMI & ISM number....NICE !!!

Indices are positive thanks to ISM & Chinese PMI Data for September @ 49.8 vs 49.2 in August.

Internals are mostly positive.

S&P 500 @ 1449.54

Oil UP 36 cents

Gold UP $6.30

Canadian $ UP 8 tick @ 101.75

VIX UP 2.54% @ 16.13

Portfolio is BIDU,DNKN,EXPE,LVS,LEN,RIMM,YHOO....

Most stocks are UP

@ 2.05 following are down :

BIDU,EXPE,DNKN,CRUS,SNDK,CMG,
KORS,AAPL,AMZN,LNKD,COH,GMCR,
MU,BRCM,LRCX,CIEN,JDSU,FNSR,
SBUX,SLW,SINA.....

BLOG does NOT give buy or sell.

Saleem



7 comments:

c said...

SALEEM

I believe we got a bottom for BIDU at $112.65

I got some apple shares at $665--now the fun begins
Bought and sold AUY today

I rebought GGN...
keep the faith and thanks for your kind input

Hello UP, thanks for your thoughts on APPLE
we may take out the 50 day average today as we are swinging all over the place
C

Stocks100 said...

Hi C,

BIDU looks stable now..volume is slightly above average....

Good luck with your AAPL....

Saleem

Up said...

C

If you like high beta stock. GOOG should be on your map, it is breaking out all time high. And it still want to go higher.

Up said...

Saleem

I like your pick on RIMM, but first it need to break out of long term downtrend line. Around 8.20.

Stocks100 said...

Hi Up,

Nice to see your note.

I will be adding more RIMM around breakout level.....

Great gain with AAPL run for you.

Saleem

c said...

UP

So sorry but do not follow GOOG

I am expecting the apple ipad mini to push apple and the market a lot higher !!
The Mini is a game changer --and will make huge bucks for apple and iPone 5 is a success and will surprise us all with good sales

C

Up said...

C

I love APPLE products, but sometime we all have to look at price action of a stock. And now AAPL is not looking too good