Indices continues to march upwards. All indices making higher highs.
S&P 500 closed @ 1293.67, high today was 1303.00.
Internals were positive.
New 52 wk highs were in the lead, 128 in NYSE & 69 in Nasdaq.
Oil closed @ $100.71
Gold closed @ $1655.60
VIX jumped 6.17% @ 22.20, first major increase as markets making higher highs.
Stocks which were UP 1% or more included AMZN,COH,RIMM,
SWC,SCCO,FIO,SU,TCK,AAPL,FCX,WYNN,MPEL,PCLN,
QCOM,BIDU,APKT,MA,V,JDSU,CRUS......
AH News :
RIMM down 5.44%..Samsung denies takeover speculation.
YHOO UP 2.79%..Jerry Yang founder of Yahoo, leaving all position to pursue other things.
AH Futures UP
AH Asian Markets mostly UP
AH Oil UP
AH Gold Down
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
I didn't have much time to get into the flow of the market this morning--interesting moves so far, especially with WWWW and GLNG.
The only stocks I don't have yet, but are interested in for this year, are RVBD and a chemical stock (DOW&DD on my radar so far). I'm also thinking maybe a MAS to take advantage of both cheap inputs (nat gas) and housing recovery?
Stocktrader
Hi Stocktrader,
WWWW has built a nice base for several days & is now rocketing UP 8%+ is not bad in a day's work.
This market is very strong & is going into higher ground.
Good luck with your new focus & eventual buys.
Saleem
Hey Saleem,
It seems like FFIV's report tonight is affecting both it and RVBD today. I hope I haven't missed the run...
Stocktrader
Hi Stocktrader,
FFIV is trading @ 20.87 forward PE ending Sep 2013.....
FFIV should beat & guide higher as it is liked by many analysts...it is trading @ its Sales growth rate.
All network should move with FFIV....
Saleem
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