Thursday, May 31, 2012

Indices down .08% to .60% ........

Indices were under pressure from below expectations economic reports in US........

Dow is trying to show green as weaker than expected numbers are in the cards, based on seasonality.

S&P 500 low today was 1298.90, currently @ 1309.16

Internals are negative

New 52 wk lows are leading.

Oil Down $1.11

Gold Down $2.70

Canadian $ Down 30 tick @ 97.80, @ 5 month low.

VIX Down .79% @ 23.95...most encouraging sign for a turn UP

Portfolio is COH,LVS,LEN,LNKD,JCP

Most stocks are down

@ 2.29 following are green :

LEN,AMZN,NTES,ZNGA,CIEN,C,FNSR,
TSL,SNE,GS,IBN.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

c said...

SALEEM

Good afternoon

Sold my SFL at $15.60 for lunch money
But still a $95 profit is OK?

This is one very difficult market to work with --be very glad when and if it can be less roiled!!! I am over all down a lot in my account.....Yeks

J Cramer says APPLE is the place to be and AT&T, BGS..
DIVI plays area safer bet IMHO

VBTA
C

Stocks100 said...

Hi C,

We are all in the same "sinking boat"

This shall pass soon....

AAPL is very stable.....

Lunch money?..that was more like dinner for 3...

Saleem