Wednesday, February 3, 2010

Minor pullback @ close in light volume....

Nasdaq bucked the trend by closing green......

Dow & S&P 500 were in minor red after two days of gain......

Internals were much weaker than what indices closed @ as listed below :

NYSE declining stocks led by 18 to 11

Nasdaq declining stocks led by 15 to 10

Down volume led by 2.91 to 1 in NYSE & 1.04 to 1 in Nasdaq...

VIX closed @ 21.60 UP .56%......

AH Futures are GREEN

AH Nikkei Down

AH Gold & Oil Down

AH CSCO gave a very bullish commentary about their business in their ER which was a healthy BEAT ...stock UP 3.55% on AH volume of 4.74 million

AH OTEX ER was a beat Stock UP 6.04%....

AH WFR ER was greeted with selling...Down 4.62%

V reports AH Thursday...should be a beat

BLOG does NOT give buy or sell.

Saleem

No comments: