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:
Hey Saleem,
Bought the SPLK back at 33.58--boy that was fun! At least selling CLF/WLT was extremely wise today.
Stocktrader
Hi Stocktrader,
Trading TAPE action is a wise idea.
Good luck with your re-entry with SPLK.
Saleem
Hey Saleem,
Bought CRUS @ 26.8491.
Stocktrader
Hi Stocktrader,
Good luck with CRUS......
Short Squeeze????
Saleem
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
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