Wednesday, July 18, 2012

Indices strong on no news, UP .67% to 1.09%...NICE !!!!

Indices are showing their strength on no news, which is the-best surprise of today.

Fed beige book showing slower than expected economic activity in June & early July.

Indices are UP .67% to 1.09%

S&P 500 @ 1372.17

Internals are positive by almost 2 to 1

Oil UP 61 cents

Gold Down $16.30

Canadian $ UP 16 tick @ 98.90

VIX Down 2.85% @ 16.01

Portfolio is BIDU,LVS,NTES,JCP,TCK

Most stocks are UP

@ 2.30 following are down :

AAPL,AUY,GG,LEN,CMG, V,LNG,C,
EXPE,ARNA,MOS,SBUX,TSL,GS.....

BLOG does NOT give buy or sell.

Saleem


2 comments:

stocktrader_1996 said...

Hey Saleem,

Almost every tech stock going parabolic in AH regardless of earnings/guidance. Major short squeeze about to ensue I think.

Stocktrader

Stocks100 said...

Hi Stocktrader,

IBM lit the fire.....

Saleem