Wednesday, May 30, 2012

Indices down 1.11% to 1.27% on Eurozone issues....

Indices are down from open, following European indices which are down sharply also.

S&P 500 low so far is 1311.18

Internals are negative by minimum 4 to 1

VIX UP11.27% @ 23.40

Oil down $3.09

Gold UP $13.90

Canadian $ Down 51 tick @ 97.23....near 4.5 month low

Portfolio is COH,LVS,LEN,LNKD,JCP

Most stocks are down

@ 1.39 following are green :

AAPL,GG,VECO,AUY......

BLOG does NOT give buy or sell.

Saleem

6 comments:

stocktrader_1996 said...

Hey Saleem,

I feel a real ugly close coming on?? I hope AAPL's strength wears off on the rest of the market, but I don't feel the mojo today...

Stocktrader

Stocks100 said...

Hi Stocktrader,

I hope we do not take out lows in S&P 500.....

Lets count on bargain hunters, 15 mts before close again......

I do expect close to be touch better......

Saleem

stocktrader_1996 said...

Hey Saleem,

Sold CF @ 173.31 and SWC @ 9.09 to try and decrease my commodity exposure some.

Stocktrader

c said...

SALEEM

Hold on to your seats
this is a rought landing

I got some SFL on today sell off
$15.41
rah rah

Lets hope CON and JCP rock! What a
crazy market
Oil is now going to $80 --so says J Cramer--
C

Stocks100 said...

Hi Stocktrader,

Comfort level is very important with stocks & sectors....

Saleem

Stocks100 said...

Hi C,

You are a very brave trader....

Good luck with your strategy.

Saleem