Monday, August 23, 2010

S&P 500 green signalling a "turn UP" in markets.....

S&P 500 made a higher low today & is trying hard for a green.....Nasdaq is the laggard today despite HPQ substantially higher bid for PAR.....

Indices should work its way higher today as selling was met with conviction buying......

VIX Down .94% @ 25.25

Gold Down $2.70

Oil Down 92 cents

Canadian $ Down 21 tick to 95.13

In my portfolio :

Added 50% SOLF @ $10.43

Portfolio is AUY,CNQ,LVS,SOLF....

BIDU was Downgraded with an increased target from $80 to $86 .....

Most stocks are down...

@ 12.57 following are green :

CNQ,GOOG,POT,RY,LDK,CAGC,
AGU,RVBD,IBN,CCJ,MA,V,FMCN,
RCI,CTRN,LULU,NYX,FSLR,GNK,
FWLT....

TSL to report before open Tuesday..expecting a Beat & guide Higher....

BLOG does NOT give buy or sell.

Saleem

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