Monday, January 11, 2010

All indices made intraday new highs but nasdaq negative @ close...

S&P 500 & Dow made it into new record...Nasdaq also went to intraday high but closed lower.....

AH AA ER was taken as negative Down AH 5.39% on AH volume of 5.67 million shares.....

Gold closed UP $12.50 @ 1150.70

Oil closed Down 60 cents to $81.92

VIX went to new 52 wk low closing @ 17.55

Green stocks included APWR,AUY,IAG,SLW,SOLF,TSL,SOL,LDK,
SINA,RCI,ISRG,CMED.....

AH Futures are Down

AH Nikkei Down

AH Hang Seng Down

AH Oil Down

BLOG does NOT give buy or sell.

PS...post was delayed due to phone interruption....

Saleem

6 comments:

standardshigh said...

Hi Saleem,

Here we go into the options expiration. Looks like you were correct about the weakness. As you I don't expect it to last long.

Best Regards

c said...

Hello to Saleem and all

Looks to be a red day....
GNK is showing weekness may be time to Pick Up some?

Good luck to all, oil is headed a lot higher IMHO.

Stocks100 said...

Hi Standards,

Great buying opportunity....buying on weakness works.

Saleem

Stocks100 said...

Hi C,

YES...RED is the color..but for how long???

Many stocks looks good...

Saleem

psrajpal said...

APWR is down big. Also POT is showing weekness. Any thoughts??

Best Regards,

Paramjeet

Stocks100 said...

Hi Rajpal,

POT is down because of FDA report plus it was overbought...trend remains UP...

APWR again was overbought so repairing technicals.....

You have to look 2010 as long term trend...

Saleem