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
at

6 comments:

  1. stocktrader_1996May 30, 2012 at 11:37 AM

    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

    ReplyDelete
  2. Stocks100May 30, 2012 at 11:43 AM

    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

    ReplyDelete
  3. stocktrader_1996May 30, 2012 at 12:05 PM

    Hey Saleem,

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

    Stocktrader

    ReplyDelete
  4. cMay 30, 2012 at 12:21 PM

    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

    ReplyDelete
  5. Stocks100May 30, 2012 at 12:26 PM

    Hi Stocktrader,

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

    Saleem

    ReplyDelete
  6. Stocks100May 30, 2012 at 12:27 PM

    Hi C,

    You are a very brave trader....

    Good luck with your strategy.

    Saleem

    ReplyDelete