Indices are pulling back again, Nasdaq is weakest with Chinese Internet stocks taking the biggest hit in heavy volume.
Reason for this pullback is the same, stocks are down on profit taking. Many stocks were UP 100%, so a 10% pullback in those stocks are not out of line.
Today is a good buying opportunity or doing nothing.
Internals are negative by 2 to 1....
Hopefully, Wed stocks should be OK....
Tuesday sometimes are "turnaround day" ??????
Gold Down $13.20
Oil Down $1.22
Canadian $ UP 15 tick @ 105.31..Conservative party got a majority, which is good for economy & CAD.....
VIX UP 3.81% @ 16.60
Portfolio is LULU,POT,SINA......No Change......
Most stocks are Down
@1.21 following are Green :
AAPL,CRUS,SCSS,TRLS,GS,RIMM,
MA,V,M,BAC.....
LVS reports AH, expecting a beat...it will be all about
guidance.
BLOG does NOT give buy or sell.
Saleem
2 comments:
S
Good evening to you
I sold an oil to buy SINA
I got 100 shares at $122.33 I think I did OK
We will see? Todays market has serious volume--hurray!! Now convicition!
Have a very good evening
Hi C,
I also added SINA.....
Good luck to you !!!
Saleem
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