Indices were lower @ close again & all indices made lower lows, Nasdaq barely went lower by fraction.
Nasdaq TAPE is encouraging......
Internals were negative, but not by much....
Oil, Silver & Gold went down sharply as their risk factor has diminished for now.
US$ showing strength, which is negative for all commodities.
Stocks which went UP 2% or more included SINA,APKT,BWLD,CMG,
AKAM,JDSU,NVLS,IGTE...
AH ER were greeted as follows :
YOKU <5.17%>
CF + 3.64%
PCLN + 2.03%
LLNW + 5.96%
Friday's Job report is expected to be 186K...I have a feeling that we MAY miss this expectations ...BUT market may recover quickly as most indices are already Down from 2.75% to 3.02%.....
AH Futures UP
AH Asian markets Down
AH Silver Down
AH OIL & Gold UP
BLOG does NOT give buy or sell.
Saleem
S
ReplyDeleteMixed news on unemployment 220K new jobs made the market POP
Looking at my stocks APPLE up $3.20
BIDU, SINA LULU are all up
I do hope the commodities come back up!
I bought FCX and EVEP
Good luck to all and a great weekend
Hi C,
ReplyDeleteJob report was better than expected.
Most stocks are UP.
Saleem
S
ReplyDeleteLooks like APKT is losing steam?
Do you have a ideas as to what next may be a good buy?
thanks
S
ReplyDeleteI fell and hurt my lower leg
Hurts like heck I got a small lump there now
Darn it
Hi C,
ReplyDeleteSorry to hear about your fall..ice pack is best to heal......
APKT is basing before moving higher...which could be a good entry point for some.
Some good ideas are VMW,NTES,RENN..all looking good !!!!
Saleem