Indices behaved much better than feared, by close all indices closed near best level of the day. Nasdaq closed green.
Internals were mixed.
S&P 500 low today was 1190.58, closed @ 1203.66
RSI @ 56.35
Today's TAPE showed resiliency, despite weak trade data from China.
Stocks which were UP 2% or more included CSIQ,
SNDK,JKS,QCOM,SINA,NFLX,GNK....
AH GOOG ER was a beat, stock UP 6.37%
Chinese inflation data just released were as follows :
-CPI came in lower as expected @ 6.1% lower than 6.2% for previous month.
-PPI came in well below expectations of 6.8%, actual 6.5% ......a positive surprise by .3% previous month was 7.3%...a major improvement from last month.....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
BLOG does NOT give buy or sell.
Saleem
12 comments:
Saleem
Good Day sir
Looking mighty green today!!
BIDU is rocking
Best to all
C
Hi C,
YES..it is a great day$$$$
Saleem
SALEEM
Tech is hot
I sold INTL was to soon
BIDU is up sharply
My bet on FORD is v happy
Good Pick on FCX $$$$$$
MY recommendation on TOT is paying off up 4 bucks since I recommended it.
I got it at $63 and have help since last year! Accidental high yielder.
regards
Hi C,
Added JCP...
Saleem
S
JC penny
WOW
Cramer had good thinks to say about it
I do not follow retailers at all
Up .37 cents !! good for you
looking like a beautiful day
Hi C,
JCP has a very interesting CEO..he used to be Chief of Marketing for AAPL until few months ago....
He created AAPL store concept...
Management is very important in any turnaround, as is the case with JCP....
Saleem
Hey Saleem,
I'm continuing to add beta--sold the rest of my AGU and bought some more KOG and WWWW.
Stocktrader
Hey Saleem,
I'm also thinking about starting a position in MS (haven't figured out what I would want to sell though). It seems to me a lot of their businesses have bottomed like capital markets and asset management, and they are dirt cheap currently.
Stocktrader
Hi Stocktrader,
MS is a very interesting bet.
It is oversold & beaten down.
Good luck with your switch.
Saleem
Stocktrader
Hello
I like the contrary view of MS
A good bet imho
Good luck on it
have a great weekend
C
Hello all
WOW smashing close
Way up
a big surprise for us.....
APPLE had a great run---more to come?
Best to all
C
Hey c,
Great run--the bull is alive! It will be interesting to hear more of the earnings reports next week.
Have a great weekend everyone! :)
Stocktrader
Post a Comment