Tuesday, May 17, 2011

Only Dow above 50 DMA......

S&P 500 & Nasdaq are below 50 DMA while Dow is staying above.

Internals are negative by over 2 to 1....

S&P 500 is trying hard to come above 50 DMA....currently just fraction below ....

Oil Down $1.70

Gold Down $15.00

Canadian $ Down 28 tick @ 102.30

VIX Down .16% @ 18.21..? a turnaround is imminent in stock market.....

Portfolio APKT,LULU

Most stocks are Down....

@ 1.22 following are green :

SINA,BIDU,SOHU,RENN,BWLD,RIMM,GOOG,
NTES,EXPE,MOS,AMZN,MA,V,M,CRUS,ARUN,
IGTE,FMCN,RCI,TCK,SNDA,CTRN,AEM....

BLOG does NOT give buy or sell.

Saleem

2 comments:

c said...

S

Hey APPLE is GREEN

as is my BIDU nad LULU

YES!!!!!!


Is a bottom in??

I sure hope so Saleem...
Best to all

Stocks100 said...

Hi C,

This is how bottom feels like...

YES...low for today was the selling climax.

Saleem