Indices are mixed after fed announced that interest rate remains unchanged & economic activity is slower than expected. QE 2 ending in 8 days.
Fed chief will hold Q & A @ 2.15
Fed minutes will be released in full @ 2 PM
Internals are mixed with Nasdaq internals weaker.
Gold UP $8.40..near all time high
Oil UP 74 cents
Canadian $ UP 7 tick @ 102.85
VIX Down 4.88% @ 17.94
Portfolio is AAPL,ATML,CNQ,LULU,SOL,SVM,TZOO
Most stocks are UP
@ 1.16 following are RED :
SINA,NTES,BIDU,NFLX,AMZN,MOS,GOOG,SOHU,
QCOM,PCLN,APKT,AMCC,JDSU,STP,CRUS,SNDK,
FMCN,PWRD,CCJ,NYX,NDAQ,IBN.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
MICHAEL Saleem
TZOO, IMHO is resting here
I believe that more is to come! I was hoping for today
NOT.....
Support & Resistance
2nd Resistance Point 65.42
1st Resistance Point 62.44
Last Price 59.41
1st Support Level 57.80
2nd Support Level 56.14
Hope that this helps.. BB is speaking this afternoon and their are lots of shorts in LULU.....
Best to all
Hi C,
TZOO is fine..just doing a circus "trapeeze" almost daily.
Saleem
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