Wednesday, April 13, 2011

Negative financials putting pressure on market......

Sometimes financials negative TAPE can change the psychology of traders.JPM ER was greeted with optimism BUT it lasted only so long.....Dow & S&P 500 are RED while Nasdaq is showing strength with being green......

Internals of market are negative in NYSE BUT mixed in Nasdaq.....

Again, how we close is more important than intraday.

Gold UP $1.80

Oil Down 58 cents

Canadian $ Down 21 tick @ 103.65

Portfolio is BIDU,LULU,POT,SOL.....

Most stocks are UP

@ 1.02 PM folowing are RED :

PCLN,CF,NFLX,SLW,MOS,CREE,CNQ,BAC,
TCK,NVLS,EBIX,ASIA,GG,IAG,CTRN,JRCC,
AEM,ISRG,FWLT......

BLOG does NOT give buy or sell.

Saleem

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