All Indices are above 50 DMA BUT....S&P 500 & Nasdaq have made a higher highs since last pullback...a very strong technical indicator......
Looks like.... we are all set to challenge 1150 in S&P 500......
Most stocks are UP......
Gold Down 10 cents to $1118.20
Oil UP 18 cents to $79.84
Canadian $ UP 1.05 cent to 95.95 on very strong Q4 GDP report of +5% Growth..above consensus
Portfolio is APWR,IAG,PALM,SLW......
@ 12.13 following are RED :
PALM(trying to stabilize on 10th day of selling..off lows),
PWRD(earning miss),SNDA( earning miss),GAME (earning miss),
NTES,GE,SINA,ICE,FSLR,SOHU.....
BLOG does NOT give buy or sell.
Saleem
Saleem,
ReplyDeleteTake a look @ TSTC, being hammered on a shelf annoucement, fundies look good. We're at resistance again, do we break through??
Victor
Hi Victor,
ReplyDeleteHigher highs means we go towards 1150 in S&P 500...then back down to maybe 1120 support????
TSTC..down $1.23..not bad....APWR slumped 20%+ on similar news...
Saleem
Hi Saleem,
ReplyDeleteLooks like ASIA is coming back! +10%
Nice!
Best Regards
Hi Standards,
ReplyDeleteASIA is strong..among best performing.
Saleem
Hi Saleem,
ReplyDeleteASIA got a buy rating today from GS.
Says they will be biggest IT firm in China with continuing growth for 10 & 11.
Best Regards