Markets showed resiliency again by erasing most of the loss by close......loss ranged from .19% to .54%.....
Nasdaq still managed to close above 200 DMA......real show of strength.....
More new 52 wk highs in both NYSE & Nasdaq today......
VIX closed @ 33.36 a further drop of 3.39% on a mini red day in markets.....VIX close today is indicating great things to come in all indices !!!!!
Ben Bernanke confirmed what markets have been predicting since March lows....that things are getting better & will improve further in world economies.....
Futures are in small green in all indices.....
Strong close included MA,GS,AMZN,BIDU,CMED,GOOG,ISRG,ICE,RIMM,FMCN,IPI.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem
Add to your strong close list LVS
Revenues are a HUGE beet and visitors are way beyond expectations---this was on Bloomberg
Looks to me like we may have missed one! Tech is still hot and APPLE and RIMM continue to move higher.
NVDA seem soft.
Good luck to all
my GE may move higher today
HI Madmax,
Yes LVS was strong alongwith most casino stocks.
I highlighted LVS during the day.
After close it is alway's a much smaller list...
Many stocks are moving UP..so it is impossible to highlight many as I list those on my personal watch list.
Good luck with GE.
Saleem
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