Tuesday, January 25, 2011

Constructive close AGAIN......NICE !!!!

Indices fought their way from deep red to green in S&P 500 & Nasdaq, Dow lost 3.33 after making series of new highs.

Pretty impressive TAPE.

Internals were negative.

President Obama State Of the Union address was inspiring & unifying.

Stocks which were green included PCLN,FFIV,AAPL,NFLX,
CMG,GOOG,SOHU,ISRG,MA,X,CREE,EBIX,NVTL.....

AH Futures UP

AH Asian markets Mixed

AH Oil & Gold UP

BLOG does NOT give buy or sell.

Saleem
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2 comments:

  1. MichaelJanuary 26, 2011 at 9:25 AM

    Saleem,

    Do you think the attack on "CLOUD" is over or it is just a short live from the oversold condition. I think it is over and now their targets are AMZN, PCLN, NFLX...



    Michael

    ReplyDelete
  2. Stocks100January 26, 2011 at 9:40 AM

    Hi Michael,

    Yes...cloud is fine as its valuation is @ average level.

    NFLX reports AH....it is all about guidance.....

    AMZN & PCLN are safer bet now....

    Saleem

    ReplyDelete