Tuesday, December 11, 2012

Indices UP .98% to 1.50%.......NICE !!!!

Indices are giving a "thumbs UP" to imminent deal on Fiscal Cliff.

 S&P 500 @ 1431.54..so much for 1420 resistance????

 Internals are positive by minimum 2 to 1

 Oil UP 6 cents

 Gold Down $5.60

 Canadian $ UP 6 tick @ 101.34

 VIX Down 2.68% @ 15.62

 Portfolio is LEN,LULU,KORS,JCP,AUY

 Most stocks are UP

 @ 11.21 following are red :

 LEN,AUY,HMC,M,NFLX,AEM,GG,FCX,
COH,CIEN,MCD,EGO,QIHU,ECA,
MLNX,IBN.....

 BLOG does NOT give buy or sell.

 Saleem

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4 comments:

  1. UpDecember 11, 2012 at 11:12 AM

    Saleem

    What do you think of AIG? Government sold all it's shares and now company finally free.

    ReplyDelete
  2. Stocks100December 11, 2012 at 3:11 PM

    Hi Up,

    Just got back from chores...was out after my post.

    I have to do some research on AIG to give my take.

    Saleem

    ReplyDelete
  3. UpDecember 11, 2012 at 4:03 PM

    Saleem

    Thanks for checking! I already got some shares and I read something like they are only worth half of their book value compare to other with the same business. If that is truth they should price at $70 a share. Even if street does not think so, I think it would hit $50 easy.

    ReplyDelete
  4. Stocks100December 11, 2012 at 4:07 PM

    Hi Up,

    Good luck with AIG...

    Saleem

    ReplyDelete