Thursday, November 21, 2013

Indices are UP .67% to 1.04%....NICE !!!!

Indices are trading near high of the day, Taper is not an issue as it IS a sign that US economy is improving which is good for the market.

S&P 500 @ 1795.60 @ absolute high of the day.

Internals are positive by almost 3 to 1

Oil UP $1.41

Gold Down $15.00

Canadian $ Down 65 tick @ 94.82

VIX Down 7.09% @ 12.45

Portfolio FNSR SINA TSL

Most stocks are UP

@ 1.55 following are red :

CIEN EBAY M SPLK X EGO SLW GG AEM
JCP BBRY WLT AGU....

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Hey Saleem,

    I think ARUN is really interesting here. Based on the negative analyst commentary about guiding for a slight Q2 miss, and the disaster of CSCO, the street might have expectations set low enough for a nice post-earnings bump.

    Stocktrader

    ReplyDelete
  2. Hi Stocktrader,

    I definitely agree with your thesis on ARUN....

    I am planning to join you just before close....IF i do that..i will post my purchase in BLOG as EOM..

    Saleem

    ReplyDelete
  3. Hey Saleem,

    Amazing numbers and guidance out of SPLK. I guess there was a good reason that stock stayed so strong for much of the high beta selloff.

    Stocktrader

    ReplyDelete
  4. Hi Stocktrader,

    Great news for SPLK....

    cc on ARUN @ 4.30

    Saleem

    ReplyDelete