Wednesday, March 27, 2013

Indices mixed.....

Indices are fighting back from Italian concern

S&P 500 @ 1562.57

Internals are negative

Oil UP 35 cents

Gold UP $10.70

Canadian $ Down 3 tick @ 98.39

VIX UP 2.19% @ 13.05

Portfolio BAC JCP RDN BBRY

BBRY  reports before open Thursday, Sales expected $2.8 billion EPS loss 32 cents.It is all about optimism for current Q. I expect EPS  to be better than consensus...thus a positive TAPE after earning.There is 155 million shares short...that is highest ever....

Most stocks are down....

@ 2.46 following are green:

BBRY RDN YHOO PANW COH KORS 
AMZN,DNKN,POT CMG HMC BIDU
FFIV GG MA V LNKD FB RVBD
BRCM MON NVDA MCD 
STLD EGO SLW AEM 
SINA SPWR ECA MGA
MLNX GS IBN FCX

BLOG does NOT give buy or sell.

Saleem


2 comments:

stocktrader_1996 said...

Hey Saleem,

Added to RDN @ 10.45 near close. I like the fact that it's a pure US play and there's almost zero chance for portfolio deterioration at this point.

Stocktrader

Stocks100 said...

Hi Stocktrader,

I am glad that you added more RDN...It is ready to breakout @ $10.48...5 cents to conquer...

Even @ 50% margin..i had to buy RDN....

Good luck with RDN$$$$$

Saleem