Friday, May 20, 2011

Indices Down from .30% to .36% on Option Expiry......

Indices are under normal pressure due to weekly / monthly Option Expiry .

Indices are off their lows & most stocks are recovering.

Internals have improved also , now down 1.5 to 1.

Gold UP $19.30

Oil UP 62 cents

Canadian $ Down 40 tick @ 102.94

VIX UP 4.12% @ 16.16

Portfolio APKT,CCJ,LULU,SVM,TZOO

Most stocks are Down

@ 1.22 following are UP :

TZOO,SVM,DLW,AG,SINA,NFLX,NTES,
VMW,FFIV,SU,CNQ,EXPE,PCLN,CRM,
JDSU,CIEN,SNDK,EBIX,NVDA,NVLS,
FMCN,TCK,GG,BRCD,CTRN,AEM,ABX.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

Michael said...

Saleem,

Love TZOO tape. I jumped in at 73.2. It may be the time for you to cash profit.... However, I think it may move higher from here. Thanks.

Michael

Stocks100 said...

Hi Michael,

TZOO has much more room to run imo.

Good luck with TZOO.

Saleem

Anonymous said...

TZOO @ 80 RSI equates to 125.75 I'm more worried about the market in general. Have a good weekend everyone.

Victor

Stocks100 said...

Hi Victor,

YES, markets are tough..BUT some stocks will work.

Saleem