Indices are UP so far.....
S&P 500 went to 1328.49, currently @ 1321.21
Internals are mixed...
Oil Down 90 cents
Gold Down $12.50
Canadian $ Down 25 tick @ 98.02
In my portfolio :
Sold RIMM
Bought LEN @ $27.10
Portfolio is COH,LVS,LEN,LNKD,JCP
Most stocks are UP
@ 2.01 following are down :
JCP,FB,BIDU,ZNGA,CLF,FCX,FFIV,VMW,
GOOG,AMZN,RIMM,OTEX,LSI,MOS,GG,
VECO,X,TSL,SINA,CCJ,AGU,IBN....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
Really ugly selloff until we got halfway saved... With the euro down huge and the market flat, are we discounting a lot of bad news? or just a one day reprieve? What is your take here?
Stocktrader
Hi Stocktrader,
With RSI @ 34.84 in S&P 500.....market has to fight each battle on a daily basis...
We have discounted lot of things..thus a gradual move up to high 50 RSI is to be expected...when is the only issue.
I am staying the course & MORE confident of building some equity, going forward.....
Saleem
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