Markets technical health improved based on following factors :
Dow & S&P 500 did not breach 200 DMA yesterday.
RSI @ close improved, sitting @ 35.57 & 37.28 in S&P & Dow.
Most stocks came back strong.
Remember, it is how we close which is important.
In pre-market Futures are UP, despite poor TAPE in Asia.
European market showing sign of life, mostly green.
Oil, Gold & Silver have pared their overnight loss.
Looks like markets have discounted Greece related issues.
Portfolio is AAPL,CNQ,LULU,SOL,TZOO...
BLOG does NOT give buy or sell.
Saleem
S
ReplyDeletego Saleem
Welcome back
I am off to Seattle tomorrow!
lets us hope that TZOO get some love today --way over sold--I say it goes up $5 bucks today
Cramer says the market is back and Greece is now discounted! Ha
Have a good un....
Hi C,
ReplyDeleteEnjoy your trip to the land of Bill Gates & Paul Allen....
TZOO has been taken down to cleaners like every other stock...should see a recovery in most stocks.
Cramer loves it & then hates it..depending on the TAPE of the day....
Saleem
S
ReplyDeleteLooks like TZOO is NOT climbing up
LULU is up
NFLX down
SINA down
BIDU up my favorite
FFIV is red too-this was a Cramer favorite last night
best to all
Saleem,
ReplyDeleteMarket is up today. Hope it will keep this way till close. TZOO is still in intensive care.
If anyone follows Jim Cramer in buying and selling stock, that person would be broke soon. At the time SINA was 125, he said that this stock at 150 is still cheap and now SINA is at 80s, he said SINA is a SELL. He is belong to buy high and sell low camp.
Michael
Hi Michael,
ReplyDeleteMany stocks are behaving badly including TZOO...but i am staying in TZOO.
Cramer only looks good when market is quickly moving UP & UP....otherwise he is sure to cost traders big time.
Saleem