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

4 comments:

c said...

S

GOOD morning

APKT looks strong

LULU is awful

thoughts

Stocks100 said...

Hi C,

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

Down 1.6% is not awful...

Saleem

Anonymous said...

Good morning Saleem.

How's the tape looking?

Victor

Stocks100 said...

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