Indices were down ahead & during Ben Bernanke testimony, but by end of the day indices closed near highs.
S&P 500 closed @ 1363.67
RSI @ 57.32
Internals were :
UP volume led by 2.58 to 1 in NYSE & 1.31 to 1 in Nasdaq
Advancing stocks led by 2.04 to 1 in NYSE & 1.22 to 1 in Nasdaq
New 52 wk highs were leading, 224 in NYSE & 84 in Nasdaq
VIX down 3.68% @ 16.48
Oil closed @ $89.22
Gold closed @ $1589.50
Stocks which were UP 1% or more included LVS,TCK,
PCLN,CMG,SU,C,SNDK.....
AH ER / News
ARNA Down 7.15%
INTC Down 1.1%
WYNN UP .66%
EMC UP 6.81%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, we had strong Friday & Tuesday. Market has no defined character in terms of sectors. It is important to show long term conviction to your picks to deal with little or no appreciation in stock prices. It is going to be tough going forward as catalyst are missing for now.
BLOG does NOT give buy or sell.
2 comments:
Saleem
Good day sir
BIDU is showing us love today
Market is a rocking
My REIT's are on fire
Did NOT buy POT---Dennis Gartman said run form Ags
My NYX is good up .50 cents! Hurray!!!
I doubled down on AGNC instead
My T is up nice for me. SFL fooled me put sell order in at 15.55 no takers
Good luck to all
C
Hi C,
YES..BIDU is more than fine today....earning is on Monday AH...
Good luck with your picks.
Saleem
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