Indices were under pressure, when leading metal companies used Chinese slowdown to project their business model.
S&P 500 low today was 1397.68 which meant a pullback of 17.32 points from absolute high of 1414.00, that is a correction of 1.22%......
Internals are negative by 2 to 1
Oil down $2.12
Gold down $19.90
Canadian $ down 54 tick @ 100.76
VIX UP 1.73% @ 15.30, sign of strength in equity.....
Portfolio is AMZN,CNQ,LEN,MS,OTEX,RIMM,RVBD
Most stocks are down
@ 2.00 following are green :
AMZN,MS,TIF,JCP,COH,AAPL,MOS,AUY,
GOOG,APKT,TSL,LRCX,C,ARUN,ABX,KGC,
AEM,NYX,GS,AGU......
BLOG does NOT give buy or sell.
Saleem
5 comments:
SALEEM
What a market turn around
APPLE up and GREEN
AmAzon--awesome what a come back kid
Congratulations on $$$$--yes!
Our MS is giving us a smile
Cool
C
Hi C,
YES..Life is GOOD !!!!
Conviction & Patience is finally paying off in AMZN..i told you that Jimmy the Cramer can be a very reliable "contrary indicator"
Even in correction....
AAPL making new all-time high$$$$
YES..MS looking good.
CLOSE could be "very interesting"
Saleem
Saleem
I am holding AMZN for some time now and watch market go up and this position lag behind big time. But I always believed MM will eventually bid it up big time. Hopefully this is the first wave of attack for us and more will follow.
Hi Up,
AMZN volime was 50% higher than daily average or higher by 3 million shares..that is a serious volume & $ surge.
Good luck for more AMZN$$$$
Saleem
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