Tuesday, August 7, 2012

Indices UP .69% to 1.13%....NICE !!!!

Indices are on a steady course of moving UP.

S&P 500 @ 1405.94

RSI @ 64.54

Internals are positive anywhere from 2.5 to 4.5 to 1

Oil UP $2.02

Gold Down $3.10

Canadian $ UP 37 tick @ 100.33, means you have to pay 100.33 cents US for 1 CAD.

VIX Down 1.44% @ 15.72

Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY

Most stocks are UP

@ 1.59 following are Down :

AUY,GOOG,AAPL,LNKD,FB,MA,V....

BLOG does NOT give buy or sell.

Saleem



2 comments:

stocktrader_1996 said...

Hey Saleem,

Well, no close on highs. That likely means we have more room to go--there are still non-believers! If the market starts down tomorrow due to Europe or PCLN or something, I suspect we'll see buyers step in to buy low for their first chance in 4 days.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Market has been trending UP, any pullback may not last long.

Saleem