Monday, July 20, 2009

Strong close near HIGHS for all indices....NICE !!!

Nasdaq made another new high on higher volume than OE Friday....an impressive technical picture.....

Most indices have been UP in straight line since testing support.....

DOW & S&P 500 all set to go to new 09 HIGHS.....

AH TXN ER was a beat in both Sales & EPS..Guidance also was above consensus...BUT management made "cautionary remarks about Q3" stock down slightly AH...

AAPL reports AH Tuesday.....majority of traders are expecting selling on the news....I am on the contrary side that not only AAPL will BEAT but will guide "higher than consensus" which will propel the stock higher.....

AH futures are RED.....

AH Nikkei is UP 1.88% as it was closed on Monday....

AH Oil is UP 48 cents to $64.46....

BLOG does NOT give buy or sell.

Saleem

2 comments:

c said...

GOOD MORNING Saleem

Nice recap on your BLOG!

Looking for GE to bust $12 today.
I see futures looking green today

What do you think?
Regards

Stocks100 said...

Hi C,

After major RETEST of support...markets will surprise all of us on the UPside.

Buying on any weakness in strong stocks will pay off.....

Good luck with your portfolio $$$

Saleem