Indices were again put to test & went lower or near lows before turning UP & closing @ high of the day......
Dow & S&P 500 closed green but Nasdaq closed in red....
This market is difficult & weak....so do not expect too much in short term.....we MAY grind from hereon & slowly crawl back UP......This will remain stock pickers market as some leadership stocks are falling apart......so pay attention to TAPE & pick relatively stronger performers.....
Strong stocks which were UP 2% or more included CNQ,LVS,TCK,BCSI,
V,NDN,RIMM,X,SLW,C,BAC,FUQI....
AH Futures Down
AH Nikkei Down
AH Gold Down
AH Oil UP
BLOG does NOT give buy or sell.
Saleem
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