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
6 comments:
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
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
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....
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
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
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!
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