Indices are reacting to Spanish, Italian & Greek mess.
European markets closed down from 2.09% to 3.18%....
S&P 500 low was 1337.56, currently @ 1349.83
RSI @ 49.50
Internals are negative by almost 4 to 1
New 52 wk lows are in the lead.
Oil Down $2.43
Gold Down $6.60
Canadian $ Down 54 tick @ 98.28
VIX UP 14.44% @ 18.62
Portfolio is BIDU, LVS,NTES,JCP,TCK,AUY
BIDU reports tonight, expecting a beat & in-line guidance.
Most stocks are down
@ 2.02 following are UP :
JCP,LULU,GOOG,LEN,ZNGA,AAPL,SNDK,
ARNA,NVDA,ECA.....
BLOG does NOT give buy or sell.
Saleem
6 comments:
SALEEM
\AGNC, GE, BGS T are all green at this time
Yes!! GE had good earnings---go GE
Bough more SFL at $14.76
C
Hi C,
I am happy that your earning reports are good also.
Good luck with SFL.
Saleem
SALEEM
You the man
Look at bidu
Rocking
C
Hi C,
Thanks !!!
It is good to be right SOMETIMES???
Saleem
Hey Saleem,
Nicely done on BIDU! :)
The market sure seems strong. I already feel like we'll rally again tomorrow (S&P futures down 6+ currently). I may have to reconsider the hedging strategy for now. The current recycled European problems just aren't hurting that much anymore, and even those that's not why I was hedged in the first place, any "good news" from Europe could create a multi-100pt DOW gain. I don't want a big hedge in the face of that.
Until tomorrow...:)
Stocktrader
Hi Stocktrader,
Thanks for BIDU.....
I am sure you will adjust accordingly as warranted.
Good luck with your re-think.
Saleem
Post a Comment