Indices were under pressure after "Greek Drama" continue to unfold...latest speculation is that Greece MAY get one more bailout...then it is all over ?
It seems that EU is buying time to develop a consensus for a structured default of Greece..which MAY result in Greece being out of EU.......
S&P 500 went to 1136.07 but closed @ 1162.27...RSI is 43.82
Many buyers were buying near support.....
Internals were mostly positive...BUT we have 52 wk lows in the lead 264 in NYSE & 230 in Nasdaq
VIX closed near low of the day @ 38.59 + .18%...high was 43.18..low 38.58...VIX is still disturbing, as it should have closed down ?
Stocks whic were UP 2% or more included APKT,AMZN,
PMCS,MU,MRVL,SNDK,WYNN,VMW,ULTA,FFIV,
ALTR,M,AMCC,CIEN,JDSU,FNSR.....
AH Futures UP
AH Asian Markets Mixed
AH Oil,Gold,Silver UP
BLOG does NOT give buy or sell.
Saleem
7 comments:
S
Slow Money is in love with FFIV
I got defensive again -- some buys were
MMM, JNJ, MO --LINE
Cramer stated that gold was the best place to be...
I still own BIDU and AMZN
Hoping that APPLE continues to deliver !!!$$
Greece is still the news for the day! yeks
best to all!!
Hi C,
It IS time to be "supremely BULLISH"
Saleem
Saleem,
Market is more stable today. It may move higher. However, I sold APKT at 50.5 for good profits. Good luck!
Michael
Hi Michael,
Booking profit is a good idea.
Saleem
S
Do we sell amzn now or hold for more upside
thanks
C
Hi C,
AMZN is among the-best stock in tech.....they are coming with their own Tablet shortly.
I am staying in AMZN with great confidence $$$$$$$
Saleem
Saleem
Great call
I too will hold I forgot about the tablet
They talked it up on Fast Money..
Market turned red --yeks
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