Monday, May 10, 2010

3.90% to 4.81% gain in Indices.....NICE !!!!

Technology as expected was the superstar in a huge move UP of 4.81% @ close.

All Indices are close to 50 DMA....

SEC & six US exchanges have agreed on a circuit-breaker system uniformly..which will slow down trading everywhere IF price swing in any stock exceed certain %....details are being worked on by Tuesday....so no more "shooting @ OK Coral"

AH PCLN ER was a beat on EPS & miss on Sales.....also guiding Q2 below consensus....blaming it all on European economy & Icelandic volcano.....also guiding 2nd half lower than previous year...a serious change from its previous ER.....Stock Down AH $30.24 in AH volume of 706,526....

AH Futures Down

AH Asian markets are mixed

AH Oil, Gold UP

AH Silver Down

BLOG does NOT give buy or sell.

Saleem

3 comments:

psrajpal said...

CRUS had as smart move today. Great pick !!

What is your opinion on CAAS and LVS at the moment.

Thanks

Stocks100 said...

LVS is a great pick right now....

CAAS i do not follow.

Good luck with your decision !!!!

Saleem

standardshigh said...

Hi All,

BDI on a tear, still headed higher on a long upward trend line.

I like CAAS

Best Regards