Thursday, March 31, 2011

Mixed close in Indices ahead of Jobs report......

Nasdaq closed slightly higher while Dow & S&P 500 closed slightly lower...sort of flattish picture.

Internals were mixed.

Stocks which were UP 1% or more included POT,BIDU,SOHU,JDSU,
CIEN,FNSR,STP,SOL,FFIV,
SNDK,EBIX,TSL,CF,AGU.....

AH Futures UP

AH Asian Markets Mixed

AH Gold Down

AH Oil UP

It is all about Jobs report @ 830 AM, expectations are Private sector +200k  & 175K overall job growth.This number has missed most of the time BUT market reaction is based on trend...current trend is UP.

BLOG does NOT give buy or sell.

Saleem
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4 comments:

  1. MichaelApril 1, 2011 at 7:47 AM

    Saleem,

    Is there anything on the news for RVBD to have a big drop today? Thanks.

    Michael

    ReplyDelete
  2. Stocks100April 1, 2011 at 7:53 AM

    Hi Michael,

    I think it is about FFIV....which is dragging RVBD & APKT.....

    Oppenheimer was pretty positive today for RVBD business going forward but is cautious based on valuation.

    Hopefully we have seen the lows in RVBD today......

    I will hold RVBD.

    Saleem

    ReplyDelete
  3. cApril 1, 2011 at 8:26 AM

    S

    Good day sir

    Looks like POT is rocking up

    Great

    TELCO's are a dud today

    I guess we should have gotten some CMG and Amazon!

    Have a great weekend
    Oh
    DO you think POT got more room to run up??

    ReplyDelete
  4. Stocks100April 1, 2011 at 8:38 AM

    Hi C,

    POT is showing relative strength in the sector..which means more room to go UP $$$$

    Saleem

    ReplyDelete