Indices closed UP in celebration of Greece approval of belt tightening.
S&P 500 closed @ 1351.77
Internals were :
UP volume led by 3.34 to 1 in NYSE & 2.56 to 1 in Nasdaq
Advancing stocks led by 3.40 to 1 in NYSE & 2.87 to 1 in Nasdaq
New 52 wk highs were in the lead, 155 in NYSE & 89 in Nasdaq
VIX tumbled 8.42% @ 19.04
AH ER :
LLNW UP 3.75%
RAX UP 6.76%
Stocks which were UP 1% or more included CNQ,AMZN,
AAPL,WPRT,PCLN,CRM,OTEX,APKT,GOOG,MOS,
LEN,VMW,BIDU,TSL,CRUS.......
AH Futures Down
AH Asian markets Down
AH Gold & Oil Down
About market, just about all the CNBC pundits are negative on market, except for Jimmy the Cramer & Roubini who see no problem with the TAPE.
BLOG does NOT give buy or sell.
Saleem
14 comments:
Saleemm
Good day sir--Have a good en!
My Doctor said I have mild beginnings of cataracts
Market is red today
Any suggestions?/
thanks
Hi C,
Cataract is a minor eye ailment which is corrected when its ripe.
Big guns are moving UP...
WYNN is ready to move UP UP UP...
Saleem
Saleem
Thanks for medical feedback
I got some DRYS $3.58
Copper is dying on me--yeks
I was going after APPLE but it popped already... whoops now back down'
I need some under $500
I amy sell l my copper play (SCCO) as it is down 8% , thoughts please.....
thanks
I looked at the chart for WYNN i did not see a catalyst RSI 43
C
Hi C,
IF market is going down then commodity is not the best place to be.....
WYNN is UP nicely......
Saleem
Hey Saleem,
I sold my GGC as it neared the current takeover offer price. I am looking to add CLF, FCX, or SWC for a commodity rocket. Any particular favorite?
Stocktrader
S
DSX up 3.78%
DRYS up 7.78%
the funds are buying them so says J Cramer
tankers are strong here
I would not buy the oil tankers yet! If IRAN goes to war that may change the situation??
Is there any news on CNQ??
thanks
Hi Stocktrader,
CLF is near its low end of trading range, should turn UP.
Good luck with your decision.
Saleem
Hi C,
CNQ is guiding down its output by 11% due to its mechanical breakdown in Horizon facility.
Saleem
Hey Saleem,
CLF is so cheap it was hard to pass up, but I went with SWC. I like the PGM/copper metals thesis more than the iron ore/met coal story. Also, it was down more today--that was an additional factor. Thank you for the recommendation--I hope I don't miss the BHP buyout of CLF now!!! :)
Stocktrader
Hi Stocktrader,
Good luck with SWC..i do not monitor this stock, thus unaware of relative pricing.
Saleem
S
Sold my MWE it dropped 1.5% so I took my profits
Cash is good
C
Hi C,
Good to have profit & book it.
Saleem
S
DRYS is still climbing up
Hmmmm
Hi C,
Your DRYS is UP 6.7% for you..nice $$$$$
Saleem
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