Wednesday, May 23, 2012

Indices down .83% to 1.05%.......

Indices are facing selling pressure again, thanks to Greece & Spain issues.

S&P 500 went down to 1296.53, higher than previous low of 1291.98, technically making higher low.

RSI @ 31.63

Internals are negative by minimum 2 to 1

Oil Down $2.09

Gold Down $27.50

Canadian $ Down 36 tick @ 97.56

VIX UP 3.25% @ 23.21

Portfolio is COH,LVS,LEN,LNKD,JCP

Most stocks are down

@ 2.05 following are green :

LEN,JCP,ZNGA,BIDU,APKT,LULU,PCLN,GOOG,CMG,
AAPL,FB,MOS,GG,SLW,EXPE,SBUX,AEM,SINA,TCK..

BLOG does NOT give buy or sell.

Saleem

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