Tuesday, June 30, 2009

1.5% decline in Dow....

Dow is down about 1.5% followed by S&P 500 then Nasdaq....

Nasdaq is down the least...which is a good thing....as Nasdaq has led this market higher...

Markets will be in a narrower trading range...let us see where we find support in S&P 500 this time last time it was 888......

Most buying by institutions were done in many months of this rally...whole June we were going nowhere....

Gold Down $12.60

Oil Down $2.36

Canadian $ is Down 35 tick against US$.....

Portfolio is MRVL,SOL,TLM....

@ 12.10 following are green :

TSL,YGE,GERN,RIMM,PALM,AAPL,AMZN,STP,V,
BRCD,CTRN,SPWRA,FSLR....

BLOG does NOT give buy or sell.

Saleem

No comments: