Markets showed great resiliency....even when 10 year Bond ended @ 5.1370 UP.0190.
GOOG,AAPL were WEAK which in turn pulled Nasdaq to a loss of 1 point.
TXN lost 70+cents AH ...they LOWERED the mid point of their guidance by $2.5 million...this was surprising because NSM just gave a very good guidance.
Markets will rebuild its strength tommorrow....bonds may retreat a bit...giving breathing room to equities.
I am expecting NMX & STP to show some life on tuesday.......too many days of down/sideways movement.
Cramer wants everybody who sold AAPL today to buy it back......may not be a bad idea .
RIMM will make another attempt on tuesday to close @ a new all time HIGH $$$$$$$$$$$.
SNDK may break out of its trading resistance of $45.20 area.....if SNDK succeeds then next resistance is in $48 area.
UXG is having its annual general meeting tuesday AH in Toronto.....may see some firework either on tuesday or wed or both days......so I WISH.
GOOG turned below $513 on close and is further DOWN to $510.79 AH.....not a good sign technically speaking.
SIRF was very weak closed @ $21.33 down 5.49%..below the lower range...while GRMN went UP $2.26 to $66.08 few cents below all time high of $66.39.
Looking forward to tuesday as a profitable day........hopefully !
Please do your OWN due diligence.
BLOG does not give buy or sell.
Saleem
No comments:
Post a Comment