Tuesday, March 15, 2011

Indices closed Down 1.12% to 1.25%......

Indices staged a predictable recovery right after opening bell. Dow erased almost 300 point loss into a loss of 138 points. US markets behaved better than any market in the world.

Fed statement reinforced "recovery in US economy on firmer footing "

Internals of the market were decidedly negative by almost 3 to 1.

Strong stocks included POT,NFLX,TCK,PLCM,FFIV,F,
JASO,STP,HSOL,SOL,TSL,JKS,FSLR,EBIX,IGTE,FCX.

AH Futures Mixed

AH Asian markets Mixed

AH Gold & Oil UP

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. cMarch 16, 2011 at 7:51 AM

    Good MORNING to YOU
    Saleem

    wow a recovery is coming

    POT and are a rocking!!! Yepee

    I bought some LINE it is doing just great for me
    my apple is taking a hit on the down grade

    best to all

    ReplyDelete
  2. Stocks100March 16, 2011 at 7:55 AM

    Hi C,

    Stocks are moving "north".....

    AG & Commodities are in Vogue.

    Saleem

    ReplyDelete
  3. AnonymousMarch 16, 2011 at 11:08 AM

    S & P support 1220/1225. GLTA.

    ReplyDelete
  4. Stocks100March 16, 2011 at 11:25 AM

    Hi Victor,

    Thanks for your technical read in S&P 500.

    Saleem

    ReplyDelete