Indices overcame negativity in Nasdaq & closed green.....
Market TAPE was positive....internals were positive in every category..new highs expanded their lead.....good technical improvement.
VIX Down 4.53% @ 18.35
Stocks which were green included RIMM,AAPL,BIDU,GOOG,
SLW,MOS,POT,CNQ,SU,LVS,EBIX,ARUN.......
AH Futures UP
AH Asian markets UP
AH Oil & Gold UP
BLOG does NOT give buy or sell.
Saleem
good comments
ReplyDeletethanks
Saleem
ReplyDeleteSold my MGM--pain
bought ETN and BHP
Hi C,
ReplyDeleteYou can interact any time M to F as before..same goes for everyone.
MGM after ER..became very weak...thus a sell was necessary.
Saleem
Saleem,
ReplyDeleteFor the 2nd day , the cloud stocks seem to be weak. RVBD, FFIV, VMW, CRM all inching towards downside.
Fertilizer and oil stocks show some momentum. AGU doing good.
Do you see the reversal in the cloud stocks towards positive direction?
Thanks
Paramjeet
Saleem,
ReplyDeleteBought some FFIV at 114.75. I play their game: Sell when it is up and buy when it is down. It is working now.
NASDAQ is lagging DOW again.
Michael
Hi Paramjeet,
ReplyDeleteFFIV is basing......hopefully FFIV has found support already @ $113 area.....
This is normal......
Saleem
Hi Michael,
ReplyDeleteBuying low & selling higher is a winning formulae.
Good luck with FFIV.
Saleem
Saleem
ReplyDeleteRIMM is kicking butt today
Hurray
AG's are al down today
Oils are down too
Hi C,
ReplyDeleteNice to see 1 green in my portfolio.
Saleem