Thursday, March 7, 2013

Indices mixed....

Indices are marching UP on their own tune. All indices made another all time or multi year highs.

 S&P 500 @ 1541.77

 Internals are positive

 Oil UP 88 cents

 Gold UP 20 cents

 Canadian $ UP 23 cents @ 97.10, trade surplus were better than expected

 VIX Down 2.96% @ 13.13

 Portfolio is BAC,BBRY,YHOO

 Most stocks are UP

 @ 2.04 following are red :

 BBRY,YHOO,MTG,RDN,COH,KORS,
LULU,QIHU,AMZN,CMG,EXPE,HMC,
GG,MA,V,LRCX,BRCM,EGO,SLW,
AEM,SPWR,PCLN,AGU.....

 BLOG does NOT give buy or sell.

 Saleem
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6 comments:

  1. stocktrader_1996March 7, 2013 at 11:39 AM

    Hey Saleem,

    Bought some AUDC @ 4.014 to round out the position.

    Stocktrader

    ReplyDelete
  2. Stocks100March 7, 2013 at 11:41 AM

    Hi Stocktrader,

    AUDC has been stabilizing around $4 area....

    RSI @ 50.54 is attractive.

    Saleem

    ReplyDelete
  3. stocktrader_1996March 7, 2013 at 12:58 PM

    Hey Saleem,

    WPRT reports after the bell. Even though the price action has been horrible, I feel like the business is gaining momentum. I guess we'll see what happens.

    Stocktrader

    ReplyDelete
  4. Stocks100March 7, 2013 at 1:41 PM

    Hi Stocktrader,

    AH action on WPRT so far is slight negative by 80 cents.

    Please give your take on cc....

    Saleem

    ReplyDelete
  5. stocktrader_1996March 7, 2013 at 1:44 PM

    Hey Saleem,

    Even in the press release you can see all the joint ventures and the business momentum, but yes, I'll be listening to the conference call at 5PM.

    There is probably some confusion surrounding the accounting change, but apples-to-apples they guided revenue higher for FY2013.

    Stocktrader

    ReplyDelete
  6. Stocks100March 7, 2013 at 1:55 PM

    Hi Stocktrader,

    YES WPRT beats on revenue & after factoring everything guidance is better.

    Stock is higher now..sign of good things$$$$

    Good luck.

    Saleem

    ReplyDelete