Tuesday, December 31, 2013

Indices closed 2013 by being UP .40% to .54%....NICE !!!!!

All indices bolted into another closing high for 2013.

 S&P 500 @ 1848.36, 1849.44

 RSI @ 71.26

 CMF @ 0.129

 Internals were :

 UP volume led by 2.46 to 1 in NYSE & 2.15 to 1 in Nasdaq

 Advancing stocks led by 1.87 to 1 in NYSE & 1.35 to 1 in Nasdaq

 Net new 52 wk highs were leading by 229 in NYSE & 178 in Nasdaq

 VIX 1.18% @ 13.72

 Oil @ $98.42

 Gold @ $1202.30

 Stocks which were UP 1% or more included SINA AUY
MU BBRY TWTR FB TRIP EGO SLW GG AEM
BIDU EXPE AMZN MS AAPL GOOG SU
EBAY LNKD FFIV YNDX GRPN 
BRCM TCK AMCC JCP 
TRLA Z YELP.....

 In my portfolio :

 Added 15% JKS @ $29.28

 Portfolio JKS RALY SINA AUY

 Exposure 132%

 Next post on Thursday by 2 PM

 BLOG does NOT give buy or sell.

 Enjoy New Year celebration, hoping 2014 will reward us with good health, happiness & caring friend & family.

 Saleem

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11 comments:

  1. stocktrader_1996January 2, 2014 at 7:09 AM

    Hey Saleem,

    Bought BTU @ 19.62.

    It appears to be breaking out of a double bottom base and with improved economies and natural gas prices firm, there's a fundamental backdrop for gains also.

    Stocktrader

    ReplyDelete
  2. Stocks100January 2, 2014 at 7:13 AM

    Hi Stocktrader,

    This is the year of laggards....

    Good luck with BTU......

    Saleem

    ReplyDelete
  3. stocktrader_1996January 2, 2014 at 7:27 AM

    Hey Saleem,

    Added about 20% more BTU @ 19.775--I underallocated originally based on risk. I just wanted to update you for transparency's sake, but probably not a big deal.

    Stocktrader

    ReplyDelete
  4. Stocks100January 2, 2014 at 7:33 AM

    Hi Stocktrader,

    I see "triple bottom" & "golden cross" ....in BTU....

    Saleem

    ReplyDelete
  5. TomJanuary 2, 2014 at 7:37 AM

    Solar is rolling, good call Saleem.
    Tom

    ReplyDelete
  6. Stocks100January 2, 2014 at 8:00 AM

    Hi Stocktrader,

    Sometimes I do get it right in Solar.

    Thanks!!!

    Saleem

    ReplyDelete
  7. stocktrader_1996January 2, 2014 at 9:09 AM

    Hey Saleem,

    If you missed it, Tom was the one who gave credit for the solar trade.

    Bought X @ 30.666. I should have stepped back into my steel names long ago after exiting, but it looked like this was as good a time as any. The chart looks good and fundamentals are improving.

    Stocktrader

    ReplyDelete
  8. Stocks100January 2, 2014 at 9:24 AM

    Hi Tom,

    Thanks for your appreciative note....sorry i missed your name & thought stocktrader wrote it....

    I do believe that JKS will be a "star performer in 2014"

    Thanks for stocktrader for pointing this out.

    Saleem

    ReplyDelete
  9. Stocks100January 2, 2014 at 9:25 AM

    Hi Stocktrader,

    Good move back into X......keeps going UP $$$$$$

    Saleem

    ReplyDelete
  10. TomJanuary 2, 2014 at 9:49 AM

    Hi Saleem,
    I added some JKS on Tuesday with the same price $29.28 as you did. JKS is the best performer in Solar 2013. I agree it will be continue doing well and guess if broad market is ok in 2014 the Solar will be a winner.
    Thanks,

    Tom

    ReplyDelete
  11. Stocks100January 2, 2014 at 9:56 AM

    Hi Tom,

    WOW..same price add-on....

    I believe that Solar will outperform even IF indices are weak....proof is in today's TAPE.....

    Worldwide there is a "dire need" for solar generated power.......which is very quick to install vs huge delay in any other power generation.

    We are both on the same page with JKS.....

    Saleem

    ReplyDelete