Dow closed strong AGAIN !!!!
Nasdaq & S&P down 10 & 3..........
Broader market internals showed decided negative close....almost 2 down to 1 up on volume & advancers........
However........ new 52 wk HIGHS led new 52 wk decliners by 3 to 1......
So...it is important to be in the Strong stocks who are making new highs........
In my portfolio :
To the "surprise of many technicians" YHOO was GREEN & closed near HIGH of the day.....take that all SKEPTICS.......YHOO reports tommorrow AH.....should be a "very interesting CC"...why do I say that......WELL...as Ronald Reagan would say.......everybody "thinks they know everything there is to know about YHOO"......sorry...... ..you all KNOWING are WRONG on YHOO !!!!!
FDRY was Green.........
TOL was green.......
SNDA went to new 52wk HIGH today ...before the PM pullback......
RIMM went to new All-time HIGH then closed in small negative.....
ESLR stayed down & closed NEAR low of the day ...thanks to downgrade by weasels on AVERAGE volume......that gives me HOPE for tuesday......so I think.......
CMED closed down 1.05...after being UP $2.53...reaching new 52 week HIGH....I am not concerned as Brean Murray is shorting big time on today's strength.....and making "retarded comment about company's future".....CMED will spring back on tuesday...so I think.......as the volume was average of 1.1 million shares.......Also lot of daytraders were happy to take their $ and run.....so selling is out of the way........
UXG was down few cents as gold stocks were down........
Among other strong stocks ......lot of stocks stayed green after touching new HIGHS some of them were:
GOOG,GRMN,ICE,RVBD,.......also NMX looked healthy.....
Most solar stocks took the proverbial "beating"...like TSL -6,FSLR-4,HOKU-64cents......
plus SOHU,NCTY were down sharply.....
XING is the disaster du jour AH down 3+++
Bull market is intact.......strong stocks will get stronger $$$$$$
Please do your OWN due diligence.
BLOG does not give BUY or SELL.
Stay DIVERSIFIED.
Saleem
No comments:
Post a Comment