Thursday, June 30, 2011

All Indices closed UP 1%+.....Nice !!!!

Indices were strong again @ close & finished near high of the day in high volume.

Internals were strong, UP minimum 2 to 1.

S&P 500 has moved UP 4.97% from low. RSI is @ 58.67

Technically market looks solid, but MAY need a rest after 4 strong days.

Volume should be thin on Friday plus weekly option expiry, this MAY pin few leaders down.

Stocks which were UP 2% or more included TZOO,ATML,SOL,
VMW,SOHU,QCOM,ALTR,JKS,JDSU,SNDK,CRUS...

AH Futures Down

AH Asian Markets UP

AH Oil,Gold & Silver down.

BLOG does NOT give buy or sell.

Saleem
at

6 comments:

  1. cJuly 1, 2011 at 8:07 AM

    S

    good morning to all

    Looks like I sold CAT way early! WOW up again

    FCX, POT is not working but these are

    BIDU
    SINA
    SOHU
    TZOO
    LULU

    wow what a morning to we close way up or do we get a sell off?

    best to all

    ReplyDelete
  2. Stocks100July 1, 2011 at 8:30 AM

    Hi C,

    Adami made another WRONG prediction
    yesterday..saying S&P 500 will go DOWN to 1300...so far he is WRONG by 32 S&P points OR WRONG by 2.46% in a DAY.......but he can TALK & SOUND he knows what he is talking about.....only on CNBC

    Saleem

    ReplyDelete
  3. cJuly 1, 2011 at 8:58 AM

    s

    yes I heard that too.

    THey ought to get rid of him as he has been wrong for
    over 2 years now. That he can not get it right ever....

    ReplyDelete
  4. MichaelJuly 1, 2011 at 9:01 AM

    Saleem and C,

    Fireworks started early! TZOO is showing sight of life. I like to see it up 8s to scare shorts...

    Happy 1st and 4th of July!

    Michael

    ReplyDelete
  5. Stocks100July 1, 2011 at 9:06 AM

    Hi Michael,

    What a nice gift to all traders & investors for this holiday season...gas is cheaper & portfolio HIGHER $$$$

    Canada is celebrating with William & Kate Duke & Duchess of Cambridge today !!!!

    Saleem

    ReplyDelete
  6. cJuly 1, 2011 at 10:01 AM

    S: and Michael:

    This was interesting:
    5 up and coming divi plays:

    High Dividend Yield

    Johnson & Johnson (JNJ) 3.4%
    McDonald's (MCD) 3%
    Kimberly-Clark (KMB) 4.1%
    Sysco (SYY) 3.3%>
    Mattel (MAT) 3.5%


    The CHINA (stocks) connections keeps on giving:
    SINA and SOHU are on fire BIDU is on it's way to $150

    have a great weekend to all--I got a blow out barbecue tomorrow--Yes!

    ReplyDelete