S&P 500 went to 1088.01 a pullback of 2.94% from 1120.95..which is average pullback......
Nasdaq has turned UP..S&P 500 down 1 Dow down 13.....so far.....there is a very good chance that we have a strong close today.....
GDP as usual was a non-event..consensus 2.5% actual 2.4%....so shorts are left holding the bag again....
Oil Down 33 cents
Gold UP $8.10 @ $1176.50...Joe Terranova is waiting for below $1140 for his short to be profitable.....
Canadian $ UP 90 tick @ 97.42...recent high today $$$$
Portfolio is BIDU,BCSI,EGO,LRCX......
BIDU earlier had a "breakout" @ $81.39 with a target of $88.33 as per http://www.stockconsultant.com/.....
@12.35 following are UP :
BIDU,EGO,POT,AMZN,VMW,RIMM,
CREE,ASIA,ISRG,EXPE,AGU,SLW,TCK,
FMCN,RCI,SINA,AEM,ABX...
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
What are your thoughts about SLW??
Hi Victor,
SLW is a strong stock..ready to take out 50DMA & RSI only 49...
It is a strong buy...based on technicals & fundamental as we are entering strong season for gold & silver....
Good luck with your decision on SLW...
Saleem
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