Monday, March 21, 2011

Dow closes above 50 DMA ...NICE !!!!

Indices closed UP 1.50% to 1.83%....

Dow closed above 50 DMA....S&P 500 is only 5 points away from 50 DMA.....

Strong stocks which closed UP 2% or more included RVBD,RIMM,
MU,POT,BIDU,PLCM,AAPL,GOOG,CRM,SLW,MOS,CCJ,SOHU,
MA,CNQ,LVS,JDSU,CIEN,NVLS,EBIX,CRUS,ARUN,IGTE,JASO,
FNSR,JKS,TSL......

AH Futures Down

AH Asian Markets Mixed

AH OIL & Gold UP

BLOG does NOT give buy or sell.

Saleem
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6 comments:

  1. cMarch 22, 2011 at 6:38 AM

    Saleem

    Good MOrning to you
    Looking mixed so far
    POT is up BAC is red again

    TCK still did not settle strike

    Hmmmm I got some yesterday--thanks

    best to all

    ReplyDelete
  2. Stocks100March 22, 2011 at 7:06 AM

    Hi C,

    TCK had a settlement but union members did not go with union deal with mgt.

    Now it is back to re-negotiation with union again.

    Saleem

    ReplyDelete
  3. MichaelMarch 22, 2011 at 8:14 AM

    Saleem,

    Did RVBD have any bad news or it just came down along with all the "CLOUD"? Thanks.

    Michael

    ReplyDelete
  4. Stocks100March 22, 2011 at 8:43 AM

    Hi Michael,

    On RVBD , there is no news which I am aware of.

    RVBD was struggling with 50 DMA for few days..now it is well below.

    ARUN is the only cloud stock which is "healthy".......

    Saleem

    ReplyDelete
  5. MichaelMarch 22, 2011 at 9:24 AM

    Saleem,

    Thanks for your comment. I just doubled down on RVBD at 36.45. I should wait for a few day. However, I think it should be okay.

    Michael

    ReplyDelete
  6. Stocks100March 22, 2011 at 9:26 AM

    Hi Michael,

    After ARUN, RVBD is doing better than other cloud stocks.

    Good luck on your new purchase of RVBD..."price is right"

    Saleem

    ReplyDelete