US jobless claims hitting 4 year lows & LEI came in better than expected, but German & Chinese manufacturing data are below expectations. As US is # 1 economy, US Data should have offset European & Chinese weakness, but not today so far.
Indices are down .34% to .68%
S&P 500 low today is 1388.95 which is a correction of 25.05 or 1.77% from intraday 2012 high of 1414.00......
Internals are negative by almost 3 to 1
Oil Down $2.58
Gold Down $13.80
Canadian $ Down 72 tick @ 100.06
VIX UP 4.96% @ 15.88...not as high as it could have been......good for equity....
Portfolio is AMZN,CNQ,LEN,MS,OTEX,RIMM,RVBD...
Most stocks are down
@ 1.50 following are green :
AMZN,RVBD,LULU,BIDU,PCLN,LVS,
CMG,GOOG,BWLD,NTES,FFIV,MA,
V,TSL,SBUX,BJRI.....
BLOG does NOT give buy or sell.
Saleem
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