Fed survey is confirming slowdown in summer in US.
Indices are down again due to "no progress" in debt reduction.
Indices are down .94% to 2.13%
Internals are down almost 6 to 1
Gold Down 40 cents
Oil Down $1.87
Canadian $ Down 61 tick @ 105.37
VIX UP 7.61% @ 21.77
Portfolio is AMZN,ATML,FFIV,RVBD
Most stocks are down
@ 2.28 following are green :
AMZN,LVS,MPEL,NFLX,FMCN....
AH ER GG & LOGI
BLOG does NOT give buy or sell.
Saleem
4 comments:
S
It is looking like we will close down a lot.....
Hope you are having a good day
It is 94% in Dc but not to humid
best to all
Hi C,
Close is not looking good @ all.
Saleem
Saleem,
Cash is King in this crazy market. I am still holding 40% of cash. What is your strategy at this time? Will you hold on and wait for August 2nd, or....? Thanks for your comment.
Michael
Hi Michael,
When market is trading @ 44.22 RSI..it is time to be very aggressive......
It is hard to believe today BUT debt deal will be done ....once market gets any hint of that..we are looking @ 300 Dow points....
I sold ATML & bought LULU.....
I am staying within my 65% exposure...
Saleem
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