Indices are trying to base here before moving UP again.....
So far Nasdaq & S&P 500 are green while Dow is down by .03%
CNBC Fast Panic Money crowd was so negative last night, it was a great contrary indicator..they all seems to PANIC @ the same time ????
Gold Down $26.60
Oil Down 20 cents
Canadian $ UP 20 tick @ 99.01
Portfolio is AUY,JKS,LVS,SOL,AAPL,BIDU,FFIV,AMZN....
Most stocks are Down....
@ 12.34 following are green :
PCLN,GS,MGM,WYNN,CRM,SOHU,MA,V,
CREE,JDSU,CIEN,FNSR,FUQI,BZH,BAC,
NVTL,CRUS,ARUN,NVLS,RCI,SINA,
BRCD,CTRN,ICE,LULU,MFC,NYX,SPWRA,
FSLR,ISRG,FWLT.....
BLOG does NOT give buy or sell.
Saleem
Saleem,
ReplyDeleteIt seems that HFT wanted to push LVS below 50 days MA at 44.40 to flush out all the retailers. Will they make it? I just added more at 46.1. Thanks for your comment.
Michael
Hi Michael,
ReplyDelete$45.60 is the "breakdown"point according to stockconsultant.com..IF it goes below they see $40.96 as the target....
They do NOT get it right all the time ..so do not worry too much.
There is too many news item coming out of Macau which is putting pressure in LVS particularly....
BUT...LVS eventually is heading higher than highs.....imho
50 DMA is where most stocks do get support......
Saleem
Saleem
ReplyDeletegood afternoon amigo
Looking at LVS, is it a buy here?
Thanks
Hi C,
ReplyDeleteIF you buy LVS right now...you are buying "near lower end of the range"
& you will be paying way less than me....
Saleem
Thanks Saleem
ReplyDeleteIt is so hard to make a trade some times
Have a gold filled day
Smile