Dow & Nasdaq closed above 50 DMA.....NICE !!!!

Dow & Nasdaq closed above 50 DMA with Nasdaq being stronger with gain of 2.09%......

S&P 500 gained 1.37% but is barely below 50 DMA.....

Internals of the market was strong as listed below :

UP volume led by 6.49 to 1 in NYSE & 11.87 to 1 in Nasdaq

Advancing stocks led by 6.17 to 1 in NYSE & 4.49 to 1 in Nasdaq

New 52 wk highs were 88 in NYSE & 126 in Nasdaq

In my portfolio :

Sold RFMD

Doubled my position in BRCD

Portfolio is BRCD,CIEN,CRUS,JDSU,TER

Stocks UP 3% or more included JDSU,TER,CRUS,BCSI,RVBD,CREE,
MA,IPI,BIDU,GS,MU,NDN,M,PMCS,X,SOLF,FNSR,JASO,SNDK,
FMCN,LSI,STX,POT......

AH CSCO was a beat..but were cautious in their commentary about Europe & world economies....stock Down 56 cents AH on 8.70 million shares traded AH....

AH Futures are mixed

AH Asian markets are UP

AH Gold,Silver & Oil Down

BLOG does NOT give buy or sell.

Saleem