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
6 comments:
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
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
Saleem,
Did RVBD have any bad news or it just came down along with all the "CLOUD"? Thanks.
Michael
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
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
Hi Michael,
After ARUN, RVBD is doing better than other cloud stocks.
Good luck on your new purchase of RVBD..."price is right"
Saleem
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