Monday, July 19, 2010

Indices UP .56% to .88% @ close...NICE !!!

Indices were all green @ close.....

S&P 500 closed @ 1071.25...

AH TXN & IBM ER was a slight downer...TXN down 5.28% & IBM down 4.30% AH

Bears are claiming victory AH & looking for "new lows" in indices AGAIN.... all due to "in-line ER"....

I think bears will be disappointed by close on Tuesday......

GS reports before open...should be a beat.....

AAPL reports AH..should be a slight beat BUT guidance for a change to be "close to consensus"

Stocks that were UP 2% or more included CREE,RVBD,ASIA,PMCS,
M,RIMM,MRVL,TSL,JASO,SOL,C,LSCC.....

AH Futures Down

AH Oil UP

AH Gold Down

AH Singapore UP

AH Nikkei Down

BLOG does NOT give buy or sell.

Saleem

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