Nasdaq closed strong again today while Dow & S&P closed slightly lower.
Nasdaq & Dow both had more volume on the UPSIDE & Gainers were leading convincingly on both Index.
New Highs EXPANDED over new lows as follows:
Dow......... NEW Highs 233 NEW lows 9
Nasdaq.... NEW Highs 167 New lows 37
This list highlights the strength of this bull market.
WFR is being added to S&P 500..so it UP $2++
SNDA ER is very good beat on EPS & Revenue UP 1 AH....expect decent guidance also tonight in CC.
Dow & S&P are resting before going to new record HIGHS.
Adding on any weakness has been a good strategy.
RIMM was the big winner today on relative value of blackberry vs iphone.
GOOG,WYNN,MGM,ICE,AAPL,LVS,FSLR,TSL,SNE,NMR& NTRI had great tape action today.
Looks like JNPR & NVDA getting ready for a breakout....I hope.....I own it in my portfolio.
Added UXG this AM.
Gold was down $3.90.
OIL was down $1.30....as it goes into July contract .
Please do your due diligence.
BLOG does not give BUY or SELL.
Good luck on wed trading.
Saleem
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