Indices closed UP in higher volume, thanks to AAPL ER.
S&P 500 closed @ 1390.69
RSI @ 53.15
CMF @ <0.006>
Internals were :
UP volume led by 3.77 to 1 in NYSE & 5.89 to 1 in Nasdaq
Advancing stocks led by 3.33 to 1 in NYSE & 2.80 to 1 in Nasdaq
New 52 wk highs expanded its lead, 127 in NYSE & 74 in Nasdaq
VIX closed @ 16.82
Oil closed @ $104.12
Gold closed @ $1642.30
Stocks which were UP 3% or more included RIMM,LNKD,LVS,
KORS,VMW,TCK,WYNN,PCLN,AAPL,CNQ,JCP,MOS,SLW,
MA,BRCM,SNDK,ARUN,CRUS......
AH ER :
LVS Down .9%
GG Down 2.36%
CLF Down 2.53%
AKAM Down 7.02%
LSI UP 4.51%
XLNX UP 7.36%
CTXS UP 7.49%
CRUS UP 7.84%
AH Futures UP
AH Asian Markets Mixed
AH Gold UP
AH Oil Down
About market, technical improvement is noted with all indices above 50 DMA in higher volume. CMF is positive in DOW & NASDAQ, barely negative in S&P 500. IBD is saying that "Market in Confirmed Uptrend". As they say "Never Fight The TAPE". AAPL ER has changed market sentiment in a big way, also Fed said the right thing "growth is here & will improve later".
BLOG does NOT give buy or sell.
Saleem
14 comments:
Hello
Saleem
is it raining in MD/DC. Cold 49%.
PM is down -$4
Job less claims is coming right up!! hope it is good
GOLD AND Copper are up, oil down nat gas down
BDI up $121 it is starting to rock--up
I opened small position in and PETDX, looking at BME GABUX -for yield. this is to share my ideas for income only...................
What happened to LVS down .86 PM??????
The banks are mostly red this PM
Very best to you and all bloggers
Yeah
Hi C,
LVS..great earnings...BUT its down $1.43...PERFECT.....
Jobless claims should be better as last two weeks was weak.
Good luck with your strategy for income.
Saleem
Hey Saleem,
LEN is such a monster.
Stocktrader
Stocktrader
We love monster, by the way, I think RVBD's selling is drying up. I think we will see 21 to 22 soon
Saleem
Look like you are having a great day. All your dogs are barking hard. So I needed to follow someone who is hot. Buying LVS
Hi Stocktrader,
We need winners like LEN to get ahead...looking GOOD$$$$$
Saleem
Hi Up,
In this market, little conviction can be profitable eventually....
I decided to keep RIMM,RVBD as a core holding..sooner or later they will work out.
Good luck with LVS.
Saleem
Hey Up/Saleem,
If RVBD was the darling of takeover rumors before earnings, it certainly should be even more now :).
Stocktrader
UP
Did you buy LVS
Looking at RVBD and LVS and LEN hard choice
Dunno which to get
V best to all
SALEEM
Target for LVS is $92
The chart is V GOOD
MSN rate4s it an 8 with 16 strong buy recommendations.....
here is a comment:
Las Vegas Sands - - Earnings Mover Slumping lower in response to last night's earnings, dropping back towards Tuesday's close of 56.40 and below its 50-day moving averages. Note Tuesday's low of the week is 55.55.
SALEEM is this s safe buy here??
thanks a million
Hi C,
LVS is a good buy @ these prices.
Saleem
Hi Stocktrader,
RVBD will be a great company on its own....new products will give diversification.
Saleem
C
Yes, i bought LVS and have a hard stop at low of the day
I think RVBD is a very low risk play compare to other, last big drop is around 22, so that is the point I will cash out.
MS is a low risk play too, downside is very limited, I got some yesterday when all finance drop.
What I like about LEN is it always bounce back when it it 24, that is telling me some fund is buying there. At today's price, I would say risk is much higher, so I would look at other stock.
Up
LVS seems to want to take out all stops
now trading at $55.95
near low of the day
THanks for your analysis and thought --very helpful indeed
:):):)
I got a little at $56 not sure bottom was made.. Some one must have a lot of profit and unloading shares, IMHO
C
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