Indices struggled whole day for sixth day in a row, ending lower.
S&P 500 low today was 1343.13, closing @ 1354.58. S&P 500 was down 5.37% in current selling.
RSI @ 37.88
Internals were :
Down volume led by 2.16 to 1 in NYSE & 1.39 to 1 in Nasdaq
Declining stocks led by 2.12 to 1 in NYSE & 1.85 to 1 in Nasdaq
New 52 wk lows were leading, 74 in NYSE & 79 in Nasdaq
Oil closed @ $96.81
Gold @ $1594.20
VIX closed @ 20.08
AH ER :
PCLN Down 3.90%
CSCO Down 8.68%
AH Futures Mixed
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, after making of series of lows, selling may have dried up. Election of Left leaning parties in Greece & France caught world markets by surprise. High volume selling took hold as panic sets in.On the positive side many stocks are showing CMF in green, all indices are showing positive CMF after a long time. SO...things are looking UP finally.
BLOG does NOT give buy or sell.
Saleem
14 comments:
Good Morning Saleem
Copper, Gold up silver neutral and BDI down $0
Looking for some $$$$$$$$ today
C
Hi C,
Thou shall find...what you work for......
Green is the color...everyone loves green....
Saleem
Good morning all.
Going out on a limb, buying some TNA calls. GLTA.
Victor
GOOD LUCK VICTOR
and all bloggers
Looking to sell my MS I bought at $15.60
it is Now at $15.91 do ya think it makes $16
C
I sold my MS at 15.88, but i just got it back because I think we have some upside
UP
thanks for your kind response
looking like week market at 11:30
C
Saleem
Past few days with so many negative news and bear can't even take us lower. To me that is the powerful signal to trader that market is very oversold and ready to bounce. Now we just needed a little spark and up we go
C
AMZN is forming a cup and ready to blast
Hi Up,
Market will gradually go up.....only Fed can give spark...
Saleem
Up
Look at this chart for AMZN
price target is $255 $$$$$$$$$$$
http://www.stockta.com/cgi-bin/analysis.pl?symb=AMZN&cobrand=&mode=stock
good luck
MS is $15.78 close to your buy price
market is basing here we may pop up a lot ( like whack a mole)
smile
C
C
I got my calls on AMZN when it hit 219. AND I already get back into MS at 15.60
Up
your in the money
wow
v cool wish I had of done that !! amazon looks like it is ready and able to deliver for ya.....
Saleem
what happened to Coach
Hi C,
Coach is lying on a couch for a month.
Saleem
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