Monday, May 17, 2010

All Indices closed GREEN...NICE !!!!

All Indices tested their support & made higher lows...Indices closed near best level of the day on above average volume......

Euro tested its support also & closed @ 1.2341.....

Many stocks closed green which included CIEN,SNDK,WDC,
ISRG,GOOG,MU,PMCS,AAPL,AMZN,TER,LRCX......

Disaster of the day was PWRD..whose ER was EPS in line & miss on revenue..guiding
much lower than consensus on Revenue....Down $8.23 or 24.98%.....SNDA,CYOU,NTES,GAME all down in sympathy...

AH Futures are Down

AH Nikkei UP

AH Oil UP

BLOG does NOT give buy or sell.

Saleem
at

2 comments:

  1. cMay 18, 2010 at 6:16 AM

    Hello Saleem

    CNBC was sort of negative about the close
    Cramer says sell and take all profits
    I am staying tight

    take care

    ReplyDelete
  2. Stocks100May 18, 2010 at 6:43 AM

    Hi C,

    Buying & holding near lows is a no brainer.....

    Saleem

    ReplyDelete