Wednesday, July 20, 2011

Markets in holding pattern before European / US news......

Indices closed slightly lower, Nasdaq was weak down .43%.

Internals were negative in Nasdaq.

Stocks whichwere UP 2% or more included AUY,
LOGI,AAPL,SLW,AG,SVM,JASO,SOL,BAC,CRUS.....

Jimmy the Cramer spend most of his "showtime" trumpeting AAPL & comparing against mighty USA..his verdict AAPL is MIGHTIER...all this created a gain of 10 cents AH in AAPL
share.....

AH ER were greeted as follows :

INTC <1.91%>
QCOM <2.55%>
FFIV <7.04%>
EBAY <1.42%>

AH Futures Mixed

AH Asian markets UP

Oil, Gold & Silver UP

BLOG does NOT give buy or sell.

Saleem
at

9 comments:

  1. cJuly 21, 2011 at 4:00 AM

    S

    YES

    correct
    J Cramer was way over the top with the APPLE review
    what a shrill--He is one smart cookie I will give him that, but $500 apple target Hmmm

    thanks for the blog

    Looking at a red market pre market

    ReplyDelete
  2. Stocks100July 21, 2011 at 4:53 AM

    Hi C,

    Jimmy the Cramer & Joe Terranova wants everyone to buy AAPL @ $400...

    Anyone who can see AAPL chart knows AAPL needs a rest & base building for weeks...

    AAPL RSI @ 79.25...is NOT in buy zone...LULU never went this high in RSI ????

    OH well...the power of CNBC & its many genius.....

    By the way I will be looking @ AAPL for Q4 lift off...that is when AAPL may make to high $400++++

    Saleem

    ReplyDelete
  3. cJuly 21, 2011 at 6:27 AM

    S

    Is TZOO on sale today

    WOW down $25 smackers

    ReplyDelete
  4. cJuly 21, 2011 at 6:44 AM

    S

    do ya think that at this point it is tasty for a buy
    a drop of $25.78---seems over done on an earning report that did NOT seem to bad

    best to all

    ReplyDelete
  5. Stocks100July 21, 2011 at 6:47 AM

    Hi C,

    TZOO needs to build a base then it is a buy.

    Saleem

    ReplyDelete
  6. Stocks100July 21, 2011 at 6:49 AM

    Hi C,

    TZOO will be "dead money" for a long time...they missed by 6 cents....not good for high beta stock....

    Saleem

    ReplyDelete
  7. cJuly 21, 2011 at 7:01 AM

    Saleem

    Sage advice about TZOO

    thanks

    ReplyDelete
  8. cJuly 21, 2011 at 9:19 AM

    SALEEM

    SINA and BIDU are down today
    TZOO still hovering at $57

    FCX took a hit on a good earning report

    best to all

    ReplyDelete
  9. Stocks100July 21, 2011 at 9:24 AM

    Hi C,

    TZOO will drift towards $49 before it will find support.....

    Earnings are not a good way to play this market..they are all heading way down.

    Saleem

    ReplyDelete