Tuesday, June 19, 2012

Indices making higher highs...NICE !!!!

All indices are above 50 DMA, this is a major technical victory.

Indices are UP 1.10% to 1.44%.....

Internals are positive by minimum 3 to 1

Oil UP 80 cents

Gold Down $5.20

Canadian $ UP 63 tick @ 98.33

VIX Down 1.86% @ 17.98

Portfolio is COH,LVS,LEN,LNKD,JCP

Most stocks are UP

@ 2.21 following are red :

JCP,BIDU,GG,EXPE,EGO.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

JCP seems like a great buy down here and the price action seems to indicate a bottom :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

JCP tested its low several times & seems to be moving UP from low now...its @ multi-year low.

Saleem