Thursday, May 19, 2011

Indices closed green AGAIN......NICE !!!

Indices are fighting many negative economic data daily, but market is defiant in overcoming negativity.

All indices closed green.

Internals were positive.

Stocks which were UP 1% or more included TZOO,APKT,
VMW,QCOM,CRM,M,MPEL,CIEN,RVBD,EXPE,SINA,
BIDU,RENN...

AH ER & News were greeted as follows :

CRM +7.5%

ARUN <1.77%>

GPS <14.94%>

INTU <2.52%>

LDK <3.78%>

AH Futures Mixed

AH Asian markets UP

AH Oil,Gold & Silver UP

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. cMay 20, 2011 at 6:43 AM

    S

    GOOD morning

    APKT looks strong

    LULU is awful

    thoughts

    ReplyDelete
  2. Stocks100May 20, 2011 at 6:56 AM

    Hi C,

    LULU is fine...down 1.6% in sympathy to GPS....

    Down 1.6% is not awful...

    Saleem

    ReplyDelete
  3. AnonymousMay 20, 2011 at 8:43 AM

    Good morning Saleem.

    How's the tape looking?

    Victor

    ReplyDelete
  4. Stocks100May 20, 2011 at 9:13 AM

    Hi Victor,

    Most stocks are off their lows..but internals remains weak..better than 2 to 1 downside.

    More new lows in Nasdaq.....

    It is also reflecting Option expiry..

    Saleem

    ReplyDelete