When technicians are "unanimous that we are heading lower in S&P 500 towards 800 area" then opposite always happens......S&P 500 did not even come close to 869.32 which is recent low hit three days ago...the best they could do today was 875.32..thus a higher lows 2 days in a row....
S&P 500 is well above 200 DMA & IS racing towards 50 DMA...NICE $$$$
Gold Down $1.40 to $910.80
Oil Down $1.15 to $58.74
Canadian $ UP 47 tick against US$
In my portfolio :
Added 25% more IPI which got downgraded with est & target cut.....already priced in NOW....
Portfolio is GNK,IPI,MRVL,SOL,TLM......
@ 12.10 following are among Green :
SOL,TLM,MRVL,AMZN,AAPL,STP,GE,GS,
CTRN,ICE,LULU,NDAQ,WYNN,MA,BIDU,NYX,
VLO,FSLR,ISRG,VAR,IBN,GOOG,AGU,SNDK,
PMCS,NVDA,LRCX,BAC.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem
Help ids on the way a green market
Hurray
My GE is screaming today
My be I will sell some $12 covers calls never can tell
God bless
Hi C,
GE is reporting on Friday....
Good luck with your strategy$$$$
Saleem
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