Indices are back on track of going UP.
S&P 500 @ 1435.69
Internals are positive
Oil UP 47 cents
Gold UP $3.50
Canadian $ UP 54 tick @ 102.83
VIX Down 1.6% @ 16.02
Portfolio is EXPE,LVS,LEN,SNDK,TCK,AUY
Most stocks are UP
@ 1.56 following are down :
AUY,KORS,M,GOOG,AMZN,PANW,
NTES,COH,LRCX,MU,ARNA,CCJ,
APKT.....
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem
APPLE seems to be going down for the fight
$658 now.....
I am holding off on a purchase as I did buy Sprint today
and need to keep a sharp eye on APPLE on this down swing
All comments appreciated....
VBTA
Hey guys,
It seems to me the market is struggling a bit here. I will likely take profits in many of my stocks ahead of the Fed, hopefully into an up tape.
Stocktrader
Stocks
Dunno-we are into some unchartered territory!
Wait to take profits
I want to see fast money takeandj Cramer take
I think we go higher
Do you we. Go down??
C
Hi C,
You are a better trader on AAPL....
Generally on iphone launch day...AAPL goes UP, then starts to fade into announcement ...then sharp down...then some recovery....that is the trend based on past launch.....
BUT it can change its pattern ..just to prove me wrong......
Saleem
SALEEM
Again thanks for your take on APPLE ----well said
I thinks that you are more right than wrong!
Smile
What a market
C
Hey c,
Two days of closing well off the highs in the high beta stocks has me nervous (as well as the poor response to PANW). After the ECB, Fed, and China have all acted positively now, I think the focus turns towards the fiscal cliff, which is not as rosy.
Maybe this is a stock specific thing for me, but I can imagine growth slowing a bit into the end of the year for many of my companies.
Stocktrader
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