Thursday, May 13, 2010

1.05% to 1.26% pullback @ close.....

Last two hours was weak for all indices & they closed near lows of the day.....damage was contained to max 1.26%.....

Today's tape was normal after few day's of big moves..a normal up down action......

On a brighter note new 52 wk high list expanded to 102 in NYSE & 115 in Nasdaq....

Following stocks were green CRUS,GOOG,X,IPI,LVS,GNK,FNSR,
FMCN,FUQI,QID,VXX.....

AH NVDA ER was a beat but guiding lower revenue..stock down AH 3.75% in AH volume of 2.59 million.....

AH futures Down

AH Asian markets Down

AH Oil & Silver Down

AH Gold UP

BLOG does NOT give buy or sell.

Saleem

2 comments:

psrajpal said...

Big Boys and Hedge funds are manipulating the market again.

Any thoughts?

Stocks100 said...

NO..markets are jittery because of European debt & Euro....which has fallen below support of 125 now below 124..123.93

Euro has added more uncertainty to profit picture of many companies as Europe is a huge market for many.....

Saleem