Tuesday, July 9, 2013

Indices UP .51% to .73%.....NICE !!!!

Indices are heading north again. Asian markets closed UP. Europe is UP .52% to 1.12%......

S&P 500 @ 1652.25, high today 1653.49

Internals are positive.

Oil UP 13 cents

Gold UP $10.70

Canadian $ UP 28 tick @ 94.96

VIX Down 2.84% @ 14.36

Portfolio EBAY KOG BBRY AUY

Most stocks are UP

@ 1.55 following are red :

AUY GMCR LNKD GOOG RDN DNKN V
GRPN WPRT CRUS ZNGA MU JDSU
CIEN FNSR SNDK QCOM CSIQ
FSLR SBUX AEM SINA SPWR
WYNN SODA TXTR .....

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hey Saleem,

Sold SWC @ 11.032 and RDN @ 12.00 to take some exposure off the table after a big run in the markets and the Fed speak tomorrow. I chose names that seemed too weak for this strong market.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good move to trim "weak ones".

Saleem

stocktrader_1996 said...

Hey Saleem,

CMI just raised its quarterly dividend by 25% to $0.625 from $0.50. It's not a overall large amount, but I'm really surprised because I expected some sluggish numbers from them. I wonder if we can read that business might be better than some people think?

Stocktrader

Stocks100 said...

Hi Stocktrader,

Business must be better to make a "higher payout" from operation.

WPRT has been performing better lately also ...a good indicator of overall business.

Saleem