Dow & S&P 500 went below yesterday's low...but Nasdaq did not...a good sign of relative outperformance
S&P 500 is waging an epic battle for 1300.......
Gold Down 90 cents
Oil UP $1.17
Canadian $ UP 53 tick @ 101.64...@ 3 yr high
Portfolio is FFIV,F,RIMM,RVBD
Most stocks are UP...
@ 1.20 following are RED :
F,AAPL,CMG,GS,GOOG,AKAM,SLW,IBN,
M,CNQ,SU,LVS,MGM,BAC,C,FUQI,EBIX,
DRYS,AMZN,FMCN,SNDA,IAG,GG,LULU,
AEM,VLO,ABX,ISRG,TTM.....
BLOG does NOT give buy or sell.
Saleem
6 comments:
Saleem,
HF played game with FFIV this morning. They pushed it down then brought it back. It is on fire now. I believe we will see 120s soon. Thanks.
Michael
Hi Michael,
HF motto is to SCARE weak hands near lows...works for them all the time.....
That is why CONVICTION is so critical near lows.....
HF employs billions to paint the TAPE.....
I am expecting FFIV to make new highs soon....it has been washed out big time.....
Saleem
Saleem
FFIV was up awesome
RVBD finally got some respect--nice
my MGM is green for once ouch on that one
Good luck on FFIV
I still love Ford and BAC
Hi C,
FFIV & RVBD are up sharply AH..thanks to CRM ER is a beat & guide UP.....
Saleem
Saleem,
Hat's off to you. The Cloud stocks moved up strongly. MM shook out the weak hands in couple of days.
Bought some STEC, AGU , FFIV during the termoil yesterday.
Thanks for sharing.
Tomorrow will be a big day $$$$
Paramjeet
Hi Paramjeet,
Buying low & selling high works most of the time.
Great buys yesterday.
Saleem
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