Indices were @ record high in almost 3 years,but last hour selling took away all the gains.Nasdaq was the big loser while Dow & S&P 500 managed a green close.
Internals were negative.
Stocks which ended green included AAPL,AUY,BIDU,MGA,
GS,GOOG,SLW,MA,V,X,CNQ,JDSU,EBIX.....
VIX closed down .34% @ 17.55...???Fear index still going down....
AH Futures Mixed
AH Asian markets mostly UP
AH Oil Down
AH Gold UP... above $1401
BLOG does NOT give buy or sell.
Saleem
5 comments:
Good morning to all
Saleem
Market looks week this AM
FFIV was a sell off yesterday after hitting new highs
Any thoughts as to it direction??
I will sell my Macy is has done nothing but slowly drop in price--I expected more action---wrong
Best to all
Hi Madmax,
FFIV is among the strongest stock in tech..so do not worry about $2 moves....it is heading higher in the long run.
M is a good stock...keep it for long term.
Saleem
SALEEM
as usual thanks for your support
have great day
SALEEM
LVS is getting hit as well as FFIV
any thoughts
AUY is up
Hmmm
Hi Madmax,
LVS went UP too much now it is near $44 area which "fair value"
FFIV had a huge run...major support in $130 area....
Option is also playing a role...
Saleem
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