Dow was the only indice to close green by 25 points, this is a victory for bulls as markets were under pressure with option expiry & European issues.US politicians are @ it again with no agreement or consensus with days left, spooking markets AGAIN.....
S&P 500 low today was1211.36, closing @ 1215.65
RSI @ close was 46.28
Internals were mixed, with Dow showing strength & Nasdaq weaker.
Gold UP $6.00
Oil Down $1.37
Canadian $ UP 16 tick @ 97.36
VIX Down 7.27% @ 32.00, most encouraging news for bulls
Portfolio is BIDU,FRO,PCLN,RVBD
Action in PCLN & BIDU was horrible, was it Option Expiry manipulation or reflecting ongoing Nasdaq weakness.Most high fliers are having serious technical breakdown.
Stocks which closed green included FRO,
FCX,BWLD,MOS,TLM,MS,MA,C,ARUN,
CLF,FMCN,PWRD,NYX,NDAQ,WYNN,
IBN,AGU,POT.....
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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