Wednesday, January 16, 2013

S&P 500 making higher highs.....NICE !!!

Indices are mixed with Dow in red, but S&P 500 made a higher high & is ready to make new 52 wk high...high today so far 1473.51

S&P 500 @ 1473.17

Internals are mixed

Oil UP 75 cents

Gold Down $1.70

Canadian $ Down 14 tick @ 101.47

VIX Down to new 52 wk low @ 13.23

Portfolio is APKT,CF,KORS,JCP,TCK,YUM

Most stocks are down

@ 1.57 following are green :

CF,APKT,KORS,PCLN,M,YHOO,RVBD,RIMM,
PANW,DNKN,LNKD,AAPL,CRUS,LRCX,
BRCM,QCOM,MON,MGA,BAC,MS,
MLNX,GS.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Hey Saleem,

    Sold PFPT at 13.05-13.07. I've made nice gains on it in the last month but the chart looks squishier as the stock hasn't continued the rally after resting for a week+ now. This gives me more buying power for other ideas.

    Stocktrader

    ReplyDelete
  2. Hi Stocktrader,

    Good move in booking profit & waiting for next "kill"...

    I may do a switch before close.....

    Saleem

    ReplyDelete
  3. Hey Saleem,

    I bought some more BAC @ 11.71 and FIO @ 21.91. The more I looked at BAC, the more I wanted to make it more toward the top positions of mine, and FIO looks to be in the early innings of a breakout including some multiple positive analyst comments today.

    I still have enough cash for one new position in something.

    Stocktrader

    ReplyDelete
  4. Hi Stocktrader,

    BAC is looking very good "technically speaking"

    Good luck with FIO & BAC.....

    I am still ON for a switch....

    Saleem

    ReplyDelete