Wednesday, May 8, 2013

Indices UP .15% to .36%......NICE !!!!

Indices are making new highs again.

 S&P 500 @ 1630.17, high so far 1631.24

 Internals are positive.

 Oil UP $1.04

 Gold UP $25.20

 Canadian $ UP 16 tick @ 99.74...inching towards par with US$.

 VIX UP .94% @ 12.95

 Portfolio EBAY BBRY AUY

 Most stocks are UP

 @ 2.21 following are red :

 RDN KORS LULU DNKN LEN KOG
PANW LNKD V GMCR JDSU 
CIEN FNSR SNDK MON
MCD MGA Z WYNN
IBN....

 BLOG does NOT give buy or sell.

 Saleem
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4 comments:

  1. stocktrader_1996May 8, 2013 at 12:00 PM

    Hey Saleem,

    I sold a couple of my commodity stocks before heading out for lunch. Sold BTU @ 20.94 and SWC @ 12.741. I'm concerned they are vulnerable to pullback.

    Stocktrader

    ReplyDelete
  2. Stocks100May 8, 2013 at 12:07 PM

    Hi Stocktrader,

    Comfort level is the key with any stock.

    Enjoy your lunch.

    Saleem

    ReplyDelete
  3. stocktrader_1996May 8, 2013 at 12:43 PM

    Hey Saleem,

    I meant I went to lunch almost an hour prior to my comment but was waiting for your afternoon post and so didn't write it up until I got back.

    The lunch was fine :).

    It seems we had some selloff while I was gone and maybe that was the worst of it. All of these pullbacks are so short...

    Stocktrader

    ReplyDelete
  4. Stocks100May 8, 2013 at 12:45 PM

    Hi Stocktrader,

    TAPE is getting stronger going into close...which IS a good thing.

    Saleem

    ReplyDelete