Indices are reacting to, below expectation Jobs Data.
Indices are down less than 1%....
S&P 500 went down to 1378.24, 50 DMA is 1371.38.
RSI @ 46.89
Internals are negative by 4 to 1
New 52 wk lows are in the lead.
Oil Down $1.43
Gold UP $16.00
Canadian $ UP 3 tick @ 100.34
VIX UP 8.44% @ 18.11
Portfolio is CNQ,COH,JCP,RIMM,RVBD,ZNGA
Most stocks are down
@ 2.20, following are Green :
RIMM,LVS,PCLN,AAPL,BIDU,GG,MA,ABX....
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hey Saleem,
I'm torn between deploying that extra cash now (looking at DOW and APKT mostly) or waiting for some kind of unique opportunity during earnings season.
I suppose it is always good to have a little powder dry...
Stocktrader
Hi Stocktrader,
When you are ready, then you will know where to focus.
Saleem
SALEEM
the close is what is important to me
Let hope for more green
C
Hi C,
Close is the only game in town..so CNBC can go wild with OPINION not ANALYSIS.
Saleem
Hey Saleem,
I went with adding half to DOW and half to APKT--the prices are just too good to ignore here. If I see other opportunities during earnings season, I can make adjustments then.
Stocktrader
Hi Stocktrader,
Good luck with your add-on in APKT & DOW....
Saleem
Post a Comment