Friday, June 3, 2011

Indices Down from .44% to .78% on poor jobs data......

Indices are trying to fight negativity due to poor jobs data.

S&P 500 went to 1297.90 which is higher than March & April lows......RSI @ 40.13

Internals are 2 to 1 on the downside which shows lot of buying going on.....

New 52 wk lows are in the lead in both NYSE & Nasdaq.

Gold UP $9.80

Oil Down 43 cents

Canadian $ Down 9 tick @ 102.40

Most stocks are down....

@ 1.53 following are green :

LULU,NFLX,CMG,APKT,CF,SU,SLW,
PLCM,MOS,BAC,ARUN,FMCN,GG,
KGC,AEM,LVS,GS,FCX

VIX Down 4.31% @ 17.31..high today was 19.87..near lows of the day....bodes well for long the stock market.....

In my portfolio :

Doubled my position in LULU @ $85.75

Portfolio is CCJ,LULU,TZOO.......

BLOG does NOT give buy or sell.

Saleem

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