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



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2 comments:

  1. stocktrader_1996August 7, 2012 at 4:09 PM

    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

    ReplyDelete
  2. Stocks100August 7, 2012 at 7:38 PM

    Hi Stocktrader,

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

    Saleem

    ReplyDelete