Indices are below 50 DMA on worldwide debt issues.
US politicians are still not getting it, talk will not do it...ACTION required.
All indices are down more than 1%...
S&P 500 low today is 1295.92, currently @ 1301.21...50 DMA is 1312.30
RSI is @ 45.99
Internals are negative by minimum 5 to 1
More new 52 wk lows in NYSE & Nasdaq
Gold UP $10.20 @ $1600...a new all time high
Silver UP $1.384 @ $40.455
Oil Down $1.84
Canadian $ Down 75 tick @ 104.12
VIX UP 10.09% @ 21.50...Top end of the range
Portfolio is ATML,CNQ,LULU,PLCM,UXG,AUY
Most stocks are down
@ 2.00 following are green :
UXG,AUY,GG,TZOO,WYNN,SINA,SLW,
AG,SVM,CMG,QCOM,ALTR,JKS,AAPL,
CCJ,ABX,AEM,KGC....
BLOG does NOT give buy or sell.
Saleem
4 comments:
S
Looks like my EVEP is delivering--again$$
Apple may break $400 seems like pre earning release is making APPLE the king of stocks
I was thinking that GOLD up today would make AUY pop. CNBC was saying the miners are going to out perform the marker
YoooHoo
Hi C,
Miners are ready to move.....
Silver stock is strong today....UXG today AUY tomorrow.
Saleem
S
thank you for the heads up on metals
I smell $$$$...
Apple continues to be my core holding and up she goes. Wana bet on $400?
Smiling
Hi C,
AAPL is a very good core holding...going much higher $$$$
Saleem
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