Resale house sales were lower than expected while Jobless claims were better than expected......reason for each are contradictory...bad weather good for jobless & bad for resale???
BUT...indices are trying to stay in green after dipping into red....
Gold Down $11.70
Oil Down 67 cents
Canadian $ in unchanged area @ 96.97
In my portfolio :
Added 15% more PALM @ $6.18..trying to bring my average cost down still @ $10.22...another reason...www.stockconsultant.com predicting "breakout" @ $6.41 with a target price of $7.60
Portfolio is APWR,IAG,PALM,SLW(reports AH)....
Many stocks are Down......
@ 12.22 following are green :
PWRD,NTES,GS,AAPL,STP,SINA,GOOG,
AMZN,SOLF,ICE,LULU,NDAQ,NYX,
SPWRA,FSLR,VAR,QCOM....
BLOG does NOT give buy or sell.
Saleem
Thursday, March 4, 2010
Wednesday, March 3, 2010
S&P 500 closed green.....NICE !!!!
Indices were subjected to late selling on low volume.....
All Indices closed near flatline.....
Economic news will take centre stage from jobless claims to Jobs report....they are expected to be weak due to extreme weather in East Coast.....
Strong stocks included IAG,PALM,SOL,PWRD,IBN,
GG,SU,GNK,GAME,ASIA,SOLF,TSL.....
AH SINA ER was a miss Down 4.37%
AH Futures are mixed
AH Hang Seng UP
AH Nikkei ,Shanghai Down
AH Gold & Silver Down
BLOG does NOT give buy or sell.
Saleem
All Indices closed near flatline.....
Economic news will take centre stage from jobless claims to Jobs report....they are expected to be weak due to extreme weather in East Coast.....
Strong stocks included IAG,PALM,SOL,PWRD,IBN,
GG,SU,GNK,GAME,ASIA,SOLF,TSL.....
AH SINA ER was a miss Down 4.37%
AH Futures are mixed
AH Hang Seng UP
AH Nikkei ,Shanghai Down
AH Gold & Silver Down
BLOG does NOT give buy or sell.
Saleem
All Indices green 4 days in a row...NICE !!!!
For fourth day we are Green.......
S&P 500 is doing higher HIGHS like other Indices.....
VIX is trading @ 18.52 Down 2.83%
OIL GOLD,SILVER...all hitting higher highs....
Canadian $ UP 73 tick to near high 97.21....we have NOT closed @ this level in a year.....
In my portfolio :
Added 25% more PALM @ $6.29.....reason is...www.stockconsultant.com is predicting "breakout" @ $6.44 for a target of $7.64...RSI still @ 24.10 & ascending......
Portfolio is APWR,IAG,PALM,SLW.......
Most stocks are UP.....
@ 12.11 following are RED :
APWR,SOHU,SINA,NTES,CCJ,CMED,
BIDU,GS,NDN,MRVL (reports Thursday),
EXPE,FMCN,SNDA,TKC,CTRN,VAR....
BLOG does NOT give buy or sell.
Saleem
S&P 500 is doing higher HIGHS like other Indices.....
VIX is trading @ 18.52 Down 2.83%
OIL GOLD,SILVER...all hitting higher highs....
Canadian $ UP 73 tick to near high 97.21....we have NOT closed @ this level in a year.....
In my portfolio :
Added 25% more PALM @ $6.29.....reason is...www.stockconsultant.com is predicting "breakout" @ $6.44 for a target of $7.64...RSI still @ 24.10 & ascending......
Portfolio is APWR,IAG,PALM,SLW.......
Most stocks are UP.....
@ 12.11 following are RED :
APWR,SOHU,SINA,NTES,CCJ,CMED,
BIDU,GS,NDN,MRVL (reports Thursday),
EXPE,FMCN,SNDA,TKC,CTRN,VAR....
BLOG does NOT give buy or sell.
Saleem
Tuesday, March 2, 2010
Another GREEN close for Indices...NICE !!!!!
All Indices braved late selling but.... managed to close in green...
S&P 500 went to 1123.46 as high of the day.....closed @ 1118.31...well above 50 DMA of 1108.99
Gold was strong closing @ $1137.40
Canadian $ was strong closing @ 96.60
Strong stocks included PALM,IAG,SINA,IPI,CMED,
GG,SU,CSIQ,GNK,POT,SOLF,QCOM....
AH Futures are Green
AH Nikkei,Shanghai,Singapore Green
BLOG does NOT give buy or sell.
Saleem
S&P 500 went to 1123.46 as high of the day.....closed @ 1118.31...well above 50 DMA of 1108.99
Gold was strong closing @ $1137.40
Canadian $ was strong closing @ 96.60
Strong stocks included PALM,IAG,SINA,IPI,CMED,
GG,SU,CSIQ,GNK,POT,SOLF,QCOM....
AH Futures are Green
AH Nikkei,Shanghai,Singapore Green
BLOG does NOT give buy or sell.
Saleem
S&P 500 above much dreaded 1120 ????
S&P 500 is giving all technicians & bears "big headache & loss" by trading @ 1122......so what happened to Adami bearish game....or 1120???
All Indices are green......
VIX @ 18.83 Down 2.23%..getting close to 52 wk low....
Gold UP $16 to 1133.80
Oil UP $1.67 to $80.02
Canadian $ UP 85 tick to 96.78 US for 1 CAD..near recent HIGHS.....
In my portfolio :
Added 25% more APWR @ $13.85...I added because...www.stockconsultant.com is predicting "breakout" @ $13.99 with a target of $16.48.....
Portfolio is APWR,IAG,PALM,SLW.....
Most stocks are UP
@ 12.09 following are RED :
NTES,SOHU,BIDU,MA,V,NDN,RVBD,GAME,ASIA,
SNDA,BRCD,IGT,NYX....
BLOG does NOT give buy or sell.
Saleem
All Indices are green......
VIX @ 18.83 Down 2.23%..getting close to 52 wk low....
Gold UP $16 to 1133.80
Oil UP $1.67 to $80.02
Canadian $ UP 85 tick to 96.78 US for 1 CAD..near recent HIGHS.....
In my portfolio :
Added 25% more APWR @ $13.85...I added because...www.stockconsultant.com is predicting "breakout" @ $13.99 with a target of $16.48.....
Portfolio is APWR,IAG,PALM,SLW.....
Most stocks are UP
@ 12.09 following are RED :
NTES,SOHU,BIDU,MA,V,NDN,RVBD,GAME,ASIA,
SNDA,BRCD,IGT,NYX....
BLOG does NOT give buy or sell.
Saleem
Monday, March 1, 2010
Indices closed near HIGHS...NICE !!!!
Major Indices are resting above 50 DMA @ close.
Nasdaq had high volume....
S&P 500 & Dow had below average volume.
RSI in Nasdaq is @ 61.55.....
Major movers today included SNDK,MU,MA,AAPL,CREE,
IPI,ISRG,RVBD,NVDA,ASIA,M,LVS,EXPE,AMZN......
AH Futures are lower
AH Hang Seng Down .82%
VIX closed @ 19.26 down 1.23%
BLOG does NOT give buy or sell.
Saleem
Nasdaq had high volume....
S&P 500 & Dow had below average volume.
RSI in Nasdaq is @ 61.55.....
Major movers today included SNDK,MU,MA,AAPL,CREE,
IPI,ISRG,RVBD,NVDA,ASIA,M,LVS,EXPE,AMZN......
AH Futures are lower
AH Hang Seng Down .82%
VIX closed @ 19.26 down 1.23%
BLOG does NOT give buy or sell.
Saleem
Higher HIGHS & above 50 DMA in S&P & Nasdaq...NICE !!!!
All Indices are above 50 DMA BUT....S&P 500 & Nasdaq have made a higher highs since last pullback...a very strong technical indicator......
Looks like.... we are all set to challenge 1150 in S&P 500......
Most stocks are UP......
Gold Down 10 cents to $1118.20
Oil UP 18 cents to $79.84
Canadian $ UP 1.05 cent to 95.95 on very strong Q4 GDP report of +5% Growth..above consensus
Portfolio is APWR,IAG,PALM,SLW......
@ 12.13 following are RED :
PALM(trying to stabilize on 10th day of selling..off lows),
PWRD(earning miss),SNDA( earning miss),GAME (earning miss),
NTES,GE,SINA,ICE,FSLR,SOHU.....
BLOG does NOT give buy or sell.
Saleem
Looks like.... we are all set to challenge 1150 in S&P 500......
Most stocks are UP......
Gold Down 10 cents to $1118.20
Oil UP 18 cents to $79.84
Canadian $ UP 1.05 cent to 95.95 on very strong Q4 GDP report of +5% Growth..above consensus
Portfolio is APWR,IAG,PALM,SLW......
@ 12.13 following are RED :
PALM(trying to stabilize on 10th day of selling..off lows),
PWRD(earning miss),SNDA( earning miss),GAME (earning miss),
NTES,GE,SINA,ICE,FSLR,SOHU.....
BLOG does NOT give buy or sell.
Saleem
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