Wednesday, May 25, 2011

Indices UP .22% to .47%...NICE !!!!

S&P 500 low today was 1311.80.....

Currently indices are UP.....Nasdaq is stronger.

RSI is finally trending UP, currently @ 43.42 in S&P 500

Internals are positive by 2 to 1....

How we close will determine technical health of this market. It must close @ or near high of the day ?

Gold UP $4.00

Oil UP $1.70

Canadian $ Down 4 tick @ 102.38

VIX Down 2.92% @ 17.30....this is anaemic..NOT a good indicator for bulls....it should have been down much more ?

Portfolio LULU, SVM, TZOO, CCJ

Most stocks are UP

@ 1.27 following are RED :

LULU,PWRD,BWLD,AMZN,IBN,M,
JKS,SOL,STP,LDK,EBIX,IGTE,ASIA,
RCI,TSL,FSLR.....

BLOG does NOT give buy or sell.

Saleem

1 comment:

c said...

S

good morning to you
LULU is down in pre market

My TOT has taken a beaten

Cramer loves SINA and BIDU again
I am still holding BIDU

Happy safe holidays to all as this is one BIG Memorial day holiday in DC
it is 80 degrees here going to 88