Indices are ignoring every negative news which is out there, as IF it does not exist. Such is the power of black boxes, they set direction of indices.
S&P 500 trading near highs of 1327.44, currently @ 1325.47
RSI @ 50.29
Internals are positive.
Oil UP 84 cents
Gold UP10 cents
Canadian $ UP 38 tick @ 97.52
VIX Down .87% @ 24.06, this is NOT a good indicator for bulls ?
Portfolio is COH,LVS,LEN,LNKD,JCP
Most stocks are UP
@ 2.04 following are down :
COH,KORS,LULU,APKT,PCLN,GOOG,
AAPL,AMZN,GG,LRCX,MU,VECO,
SNDK,GMCR,EXPE,MOS,AEM,MGA,
TSL,WYNN,IBN.....
BLOG does NOT give buy or sell.
Saleem
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