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
2 comments:
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
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
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