Tuesday, July 12, 2011

Greece considering some default & S&P 500 UP.....NICE !!!!

Dow & S&P 500 is UP, after reports of Greece considering defaulting on some debts. Nasdaq is down 10 points as chips are under severe selling pressure after NVLS & MCHP miss.

Internals are mostly positive.

Gold UP $4.60

Oil UP $ 1.23

Canadian $ UP 24 tick @ 103.46

VIX UP 2.88% @ 18.92

Portfolio is ATML,CNQ,LULU,PLCM,SOL,SVM,UXG.....

SOL guided down, which was expected. Stock coming UP from low of $4.20.

Most stocks are UP

@ 12.44 following are Down :

ATML,PLCM,SOL,SVM,BIDU,MOS,TZOO,
MPEL,LVS,SINA,APKT,NFLX,VMW,SOHU,
QCOM,PCLN,ALTR,JKS,TSL,LDK,MA,JASO,
ARUN,CRUS,SNDK,NVDA,JDSU,CTRP,
GS....

BLOG does NOT give buy or sell.

Saleem

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