Indices are in a typical bear mode, making lower lows on a daily basis. Oversold bounce does not last more than 1 hr.
Extremely weak TAPE.
S&P 500 went to another lower lows hitting 1326.89, RSI @ 30.68
Internals are negative.
New 52 wk lows are expanding their lead on a daily basis.
Oil Down $1.35
Gold Down $24.00
Canadian $ Down 38 tick @ 98.95
VIX UP 2.09% @ 22.43
Portfolio is COH,LSI,LVS,RIMM....
Most stocks are down
@ 2.29 following are UP :
COH,LNKD,LEN,CMG,GOOG,M,
V,NTES,MU,BWLD,EXPE,SINA.....
BLOG does NOT give buy or sell.
Saleem
SaLEEM
ReplyDeleteSINA is rocking up 11%
Congratulations on COACH awesome performance!
AUY was mentioned on CNBC --I guess that is why it moved up?
APPLE is sucking bad today
Hi C,
ReplyDeleteThanks for your feedback on COH....
There is an interesting article on AAPL @ www.thestreet.com under Midday bell report..its a newsletter which i get twice everyday (FREE)....@ 12.53.17 PM
Interesting comparison of AAPL with AMZN...
Saleem
Saleem
ReplyDeleteIt is all hype and gloom and doom
apple rules!
APPLE will deliver new Phone
Up dated iMAc and apple TV in Jan 2013
all money makers, iPad is a success
just a lot of pain till July for earning announcement and
new product announcements --coming right up
C