Thursday, January 24, 2013

Indices mixed......

Indices are mixed with Nasdaq & S&P 500 red while Dow is UP.

S&P 500 @ 1492.42, high today so far 1502.27

Internals are positive

Oil UP 99 cents

Gold Down $16.90

Canadian $ Down 38 tick @ 99.73...below US$ & @ low point since November.

VIX UP 5.06% @ 13.09

Portfolio is BAC,CRUS,YHOO,YUM

CRUS is reporting AH, expectation are Sales of $285.96 Million & EPS of $1.41, guidance expectations are Sales $234.93 Million & EPS of $1.01......I think all numbers are attainable !!!!

Most stocks are UP

@ 1.49 following are down :

CRUS,AAPL,TCK,SCCO,AEM,GG,LEN,APKT,
LVS,PANW,BIDU,CLF,LRCX,BRCM,QCOM,
FSLR,SBUX,MCD,X,STLD,EGO,SLW,SINA,
QIHU,MLNX,KOG,WYNN,GS,FCX.....

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hey Saleem,

Bought the SPLK back at 33.58--boy that was fun! At least selling CLF/WLT was extremely wise today.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Trading TAPE action is a wise idea.

Good luck with your re-entry with SPLK.

Saleem

stocktrader_1996 said...

Hey Saleem,

Bought CRUS @ 26.8491.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with CRUS......

Short Squeeze????

Saleem

stocktrader_1996 said...

Hey Saleem,

Based on the CRUS CC, I feel comfortable with the holding. I think the current quarter (ending Mar 2013) should be the trough in the cycle. It would not surprise me to hear commentary like that from the analysts tomorrow, and I think could provide steady upside from these levels.

Stocktrader