Tuesday, July 19, 2011

Strong close in indices.....NICE !!!!

Indices moved UP sharply, after President Obama made optimistic comment about debt deal.

All Indices are well above 50 DMA, with Nasdaq being the strongest in late charge.

Here is the RSI @ close :

S&P 500 54.89

Nasdaq 57.88

Dow 58.44

VIX closed down 8.31% @ 19.21

Stocks which closed UP 3% or more included CNQ,LULU,PLCM,
MOS,BWLD,TZOO,MPEL,APKT,RVBD,AMZN,VMW,SOHU,
QCOM,PCLN,CRM,SU,JDSU,CIEN,FNSR,JASO,SOL,SNDK,
CRUS,ARUN,NVDA.....

AH ER were greeted as follows :

AAPL +4.5%

VMW +6.59%

RVBD <23.62%>

CMG <4.24%>

AH Futures UP

AH Asian markets UP

AH Oil UP

AH Gold & Silver Down

BLOG does NOT give buy or sell.

Saleem

2 comments:

c said...

S

APPLE is the gift that keeps giving

I think every one needs some apple in portfolio

I missed AUY yesterday
Gold may go down today again? If so I will buy AUY

TZOO up again andLULU is green also
great call on your part to hold it

best to all

Stocks100 said...

Hi C,

AAPL may face resistance @ current level...outlook is much weaker for Q4....recommend profit taking.

TZOO reports before open on Thursday......

Gold will be opposite of market..down when market UP but UP when market down...good insurance.

Sometimes gold/silver stocks moves UP while bullion/silver is down ?

Good luck in your decision !!!!

Saleem