Wednesday, November 28, 2012

Indices UP .37% to .57%......NICE !!!!

Fiscal cliff was a problem @ open ...Now its not a problem after assurance given by both sides that deal is probable.

S&P 500 @ 1404.29...low today was 1385.43..hair above 200 DMA

Internals are positive

Oil Down $1

Gold Down $25.50

Canadian $ UP 16 tick @ 100.73

VIX Down .63% @ 15.82

In my portfolio :

Sold APKT

Bought KORS @ $52.10

Portfolio is AMZN,CF,JCP,KORS, RIMM ( calls)

Most stocks are UP

@ 2.02 following are red :

CF,LEN,HMC,AAPL,SU,NFLX,FCX,PANW,
DNKN,TCK,CLF,YHOO,LNKD,CIEN,C,
MOS,EGO,SLW,V,LNKD,SINA,MS,
MLNX,KOG,AGU.....

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

We coincidentally bounced right off the S&P 200 DMA today also. Assuming we close near here or higher, it should provide a nice candlestick for technical viewing.

Stocktrader

Stocks100 said...

Hi Stocktrader,

There was positive commentary on Steel today by DB.....

It is all about fiscal cliff perception.....BUT so far so good...

Saleem