S&P 500 closed @ the highest level since 1040 reversal......1125.07 near high of the day...
Nasdaq volume was higher than average......
Internals were positive in all indices.....
Wed close COULD be pointing to a "melt UP" which MAY last until Monday
Thursday RIMM reports AH which MAY point to "further" market share & margin pressure...guidance could be lackluster also......
AAPL is the direct beneficiary of RIMM malaise on hardware & software side.....
AAPL looks "poised" to taking out previous 52 wk high of $279.01 which happened wk of June 21,2010..
This Option Expiry is looking "extremely bullish"...a rare event !!!!!
Stocks which gained 2% or more included RVBD,KGC,MA,V,
SOHU,ISRG,FUQI.....
AH Futures Mixed
AH Asian markets UP
AH Oil Down
AH Gold UP
BLOG does NOT give buy or sell.
Saleem
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