Markets were itching to rally despite Flu,bad Bank & weak GDP......
All indices went past highest point of this 8 wk rally and also had highest close...
Internals were strong with advancing stocks were leading by 3.32 to 1 on Nasdaq & 5.29 to 1 in NYSE.....
New 52 wk highs were 8 in NYSE & 30 in Nasdaq......
Volume was highest in Nasdaq & best volume in S&P 500 & NYSE in 3 days......
I wish volume was little more on NYSE & S&P 500........
AH FSLR ER was greeted with $20 jump ..all solar stocks are UP in Sympathy.....
V ER was a beat BUT stock was trading lower than close????
GNK was a beat in both top & bottom but on more vessels......CC in AM before official Open..slightly higher AH.....
Futures are all in RED.....
VIX closed @ 36.08.
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
Looks like the market is coming off of it high today
But-I like your NVDA is it to late to pick some up??
thanks
Get some AAPL or Cit they will rock IMHO
GE is real slow moving on up
Hi Madmax,
Today I doubled my position in NVDA.
NVDA is ready to move UP.
Financials ..I am not ready yet...MAY look into better banks after complete details of stress test is out.
Saleem
Hi Saleem,
Modest upward movement past two days. Your prediction coming true, still more room to the upside in the cards.
Bad auto manufacturer news buried under flu scare. Bad news ignored. Moving from red to black on several positions. A long way to go for recovery, but it can be done.
Best Regards
Standards
Hello to all
I too am seeing some green in my older positions
GE and CITI are showing me the money
Looks like the market may close red
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