Today was a good test of market resiliency when consumers sentiment data was well below consensus......
S&P 500 low point was only 1109.78..it closed @ 1113.84 only 9 tick below 200 DMA.....
Dow was green @ close......
TAPE showed strength even though we were in overbought territory......
When market do not go down on bad news..pay attention...
Internals were weaker than close......
LVS ER is before open...
LRCX ER is after close...
Both should beat estimates....
AH BRCM ER was a beat & guidance slightly above consensus..AH stock UP 45 cents....
AH Futures Down
AH Asian market mixed
AH Oil Down
AH Gold UP
BLOG does NOT give buy or sell.
Saleem
2 comments:
Oh boy looking RED--no green who knows
EGO down .13 cents
My DD is doen today giving it all back
Oh well
SFL is GREEN tankers are green too
Best to all
Hi Madmax,
Looks like a big down day today...First Durable goods number then Fed minutes @ 2 PM..
EGO is UP 27 cents....EGO is 60% of my portfolio......
Saleem
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