Indices closed negative after Ben Bernanke spoke.
Internals were positive.
S&P 500 made a "higher low" today, even if it was by 2 tick only......technicians love to go with technical picture which MAY have improved ?
RSI in S&P 500 closed @ 33.43......looks like this COULD be the low DESPITE Cramer shouting market is terrible 10 way's......
Another hopeful sign....VIX actually closed lower by 2.27% @ 18.07 while markets was heading into negative from positive ?
Stocks which were UP 1% or more included AMZN,NTES,MPEL,
RVBD,FFIV,VMW,LDK,ALTR,IBN,MA,V,JKS,JDSU,SOL,ARUN....
AH Futures UP
AH Asian markets Mixed
AH Oil UP
AH Silver UP
BLOG does NOT give buy or sell.
Saleem
2 comments:
s
To me it looks like you called it again! Hurray we have some lift off...
OK not much but see the green:
LULU
TZOO
AMZN
NFLX
and APPLE---yes some respect for my shares!
I got really scared listening to J Cramer last night
thanks for all you do
Hi C,
Jimmy the Cramer does so much dis-service to investor it is disgusting.....
He was putting down all tech yesterday...what a retarded approach.....
Saleem
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