Dow & S&P 500 closed green while Nasdaq gave up 5 points.
Internals were negative for all indices......
It is "extremely uncomfortable" for me to be long in this market ..so my focus has been to lock any gains very quickly.....
Volume was well below average AGAIN ????
RSI has been in "nosebleed territory" as listed below @ today's close :
Dow 66.71
S&P 500 69.99
Nasdaq 72.71
Fed will come out with their statement @2.15 PM, which will get the usual reaction from "supercomputers" UP,DOWN,UP,DOWN......
Strong stocks included BIDU,EXPE,FMCN,FNSR......
VIX closed @ 18 UP 2.39% ???
AH Futures are mixed
AH Gold,Silver UP
BLOG does NOT give buy or sell.
Saleem
8 comments:
Hi Saleem,
Asian markets look green tonight.
Best Regards
SALEEM
Good Morning
J the Cramer is calling for a huge sell off
But I see lots of GREEN
calm before the storm
Perhaps the Fed will change the interest rate language?
Financials are looking up and GS is breaking out some more
Saleem lets see if this is any good:
Today's Markets
In Asia, Nikkei -0.3% to 10722. Hang Seng -0.3% to 21023. Shanghai +0.5% to 2993. BSE +1.3% to 17383.
In Europe at midday, London +0.5% to 5623. Paris +0.9% to 3927. Frankfurt +0.8% to 5948.
Futures: Dow +0.2%. S&P flat. Nasdaq flat. Crude +0.04% to $79.83. Gold +0.7% to $1113.60.
Hi Madmax,
Markets are certainly FROTHIEST i have seen in months.....
RSI needs to come down to low 60...
Saleem
SALEEM
good afternoon
this market is deifying all logic here
I do NOT see volume, however.
I would have thought that health care would kill the market
We have a huge march in DC today--lots of action on the street
regards to all
Hi Madmax,
I have placed sell orders on two stocks.....
Lock some gains..please !!!!
Saleem
Hi Saleem,
Sold TXT
Sold ASIA
Holding GNK
Best Regards
Hi Standards,
Great idea to lock profit !!!
Saleem
Post a Comment