Thursday, February 10, 2011

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

Indices were all set to go down , thanks to CSCO & AKAM......

BUT, like any strong bull market..indices fought its way back to positive in S&P 500 & Nasdaq on heavy volume, but Dow needed a rest...

Internals were Mixed

RSI @ close are as follows :

Dow 76.48

S&P 500 68.66

Nasdaq 64.39

Strong stocks included RIMM,FFIV,RVBD,CMG,
BIDU,CRM,SOHU,NTES,CREE,JDSU,CIEN,FNSR,
ARUN......

AH ER CMG was beat, stock UP 8.72%

AH ER PNRA was a beat, stock UP 11.17%

AH ER EXPE was a miss, stock Down 12.38%

AH ER NILE was a miss , stock Down 11.84%

AH Futures Down

AH Asian Markets Down

AH Oil UP

BLOG does NOT give buy or sell.

Saleem

3 comments:

  1. Saleem

    Hello
    We are green again

    Is it safe here to buy FFIV??? or RVBD

    thanks

    I am buying some VZ at $36.32 and looking at open table

    Best to all

    ReplyDelete
  2. Hi Madmax,

    RVBD i just sold based on RSI....

    FFIV is a good bet based on RSI.

    Saleem

    ReplyDelete