Indices closed UP despite many negative economic news.
Internals were super strong....
All indices are poised to take out 50 DMA...
Stocks which were UP 2% or more included CMG,LVS,
IBN,MA,JKS,STP,EBIX,IGTE,ARUN,NVDA,FFIV,
LDK,TSL.....
AH ER were greeted as follows :
MRVL UP 8.86%
BCSI Down 6.80%
OVTI Down 5.85%
AH Futures UP
AH Asian Markets Mixed
AH OIL, Gold & Silver UP
BLOG does NOT give buy or sell.
Saleem
5 comments:
Happy memorial to all
I am buying some TZOO here
Lets see if I am right for a change
I held BIDU for a long while--It has not recovered yet
I still recommend FCX it has been slowly climbing up again $55 coming IMHO
Hi C,
Many stocks are weak all of a sudden....
The question is to wait or sell...a tough decision.
Saleem
S
So good to be here
I am thinking of selling the LULU
Thoughts?
Hi C,
I am keeping LULU for the following reason...
It has already corrected about 9% which is a "normal game playing by Hedge Funds" before earning report on 10th before open.
It is splitting 2 to 1 on 8th June two days before earning.
As far as earnings are concerned , i am expecting a beat & guidance should be ABOVE consensus.
Jimmy the Cramer is making negative comments because he was totally WRONG on GPS.....so he is playing it safe by "double talk"
BUT...you have to decide for yourself IF you are comfortable holding it......
Saleem
SALEEM
YOU are the man
A calm voice in a storm
thanks for your opinion
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