Dow was technically the strongest index @ close by making a new 52 wk HIGH.......
S&P 500 is only 7 points away from new high....
Highest % gains were recorded by Nasdaq +1.4% , S&P 500 +1.36% then Dow +1.29% @ close...
Gold was the superstar today jumping to $1171+ an all time HIGH....
Robert Prechter made his frequent appearance on CNBC AGAIN on Fast Money to highlight his FLAWED thesis since July..when he predicted that S&P 500 will reach its Peak @ 1000 MAX & will crash below March Low of 666 to S&P 500 to 400.....He also predicted back in July that Gold will CRASH & also PREDICTED that US$ will SURGE...so he has been WRONG on all 3 prediction since July...BUT after being WRONG 100% for last FIVE months ..he can still talk as IF he has been correct since July...only on CNBC where nobody has the GUTS to challenge his wrong thesis..On the contrary Adami has the nerve to say that he AGREES with his thesis NOT based on FACTS but on some convoluted logic only known to Adami???
In my portfolio :
Sold AUY....
Portfolio is AAPL,EXPE,LVS,M,MRVL,TSL...
Big gains were recorded by AAPL,EXPE,GOOG,BIDU,SEED,MA,AMZN,CSIQ...
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
I missed the CNBC show!! It is Howdy Dudy time!!!!!!!!!!
Well you sold AUY --fantastic play
Looking for M and T to show some love.
I own DSX LVS MRVL, M, GS, T and APPLE hurray!!!! APPL to $230 coming real soon.
Good Luck luck to all
Hi C,
Fast Money I watch on Internet around 7PM...I do not subscribe to CNBC in my TV lineup.
M,LVS,MRVL are safe plays going forward,AAPL should go to new HIGHS.
Saleem
SALEEM
Here is my morning analysis:
NAME Target RSI
APPLE $231.00 61
AGU $59.00 65.5
AUY $9.75 67.8
EXPE $23.00 59.8
M $29.00 38.4
MRVL $23.00 53.7
GS $210.00 43
GE $23.00 55.7
LVS 46
DVN 45.9
POT 74
Hi C,
Thanks for your analysis of target & RSI..useful info for trading decision.
Saleem
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