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:
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
Hi Stocktrader,
There was positive commentary on Steel today by DB.....
It is all about fiscal cliff perception.....BUT so far so good...
Saleem
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