S&P 500 took out recent support and went down to 1063.91.....still ABOVE next support area of 1056.88 & then mother of all support @ 1010.91.....
Bearishness is @ its peak as retail individual investors are bearish & MAY signal a turn UP....
Gold Down $7.30
Oil Down $1.12
Canadian $ Down 72 tick @ 95.30....
VIX UP .45% @ 26.56
In my portfolio :
Sold RIMM
Bought SOLF @ $10.02
Bought CNQ @ $31.87
Portfolio is AUY,LVS,CNQ,SOLF......
RIMM was downgraded by Morgan Stanley with a $47 target....
Most stocks are down
@ 12.47 following are green :
VMW,GS,RVBD,FMCN,TKC,CTRN,
GAME,FSLR.....
BLOG does NOT give buy or sell.
Saleem
5 comments:
Saleem,
SP 1063 held. We go higher from here. Purchased ARMH & CTEL.
GLTA.
Hi Victor,
Many stocks were on sale today...
Good luck with CTEL & ARMH...
Saleem
Thanks Saleem. Going to work now. Have a good weekend.
SALEEM
Have a good day
Been checking in and did not like
the market it all --no cash left any way
i AM AT WORK
GOOD LUCK
Hi Madmax,
Market should be OK for few days...it is rangebound.
Saleem
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