Indices had a back to back strong UP move.
S&P 500 @ 1515.99
RSI @ 55.92
CMF @ 0.184
Internals were :
UP volume led by 6.88 to 1 in NYSE & 4.74 to 1 in Nasdaq
Advancing stocks led by 3.25 to 1 in NYSE & 2.03 to 1 in Nasdaq
Net new 52 wk highs were leading by 139 in NYSE & 70 in Nasdaq
VIX Down 12.69% @ 14.73
Oil @ $92.76
Gold @ $1595.70
In my portfolio :
Added 50% YHOO @ $21.21
Portfolio is BAC,BBRY,YHOO
Exposure 66%
Stocks which were UP 2% or more included HLF,SODA,CSOD,
LEN,LULU,EXPE,PCLN,M,COH,LNKD,POT,GMCR,LRCX,
MU,FNSR,C,MOS...
AH ER :
JCP Down 13.37%
GRPN Down 25.95%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE gave technical confirmation of this uptrend. We have a very good chance of going higher than recent highs of previous week which is @ 1530.94. Higher highs do get more highs.All of a sudden all known anxiety is out of the picture. Friday deadline of automatic spending cuts will have "minimal effect on economy". Best estimate of impact in all of 2013 is max $40 billion.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hey Saleem,
It was a great day today where many of my high growth stocks performed well. CSOD looks especially good nearing a breakout of a well-defined 5-month cup-and-handle formation.
PANW, SPLK, SONS (and CRM) all after hours earnings tomorrow! :)
Stocktrader
Hey Saleem,
Oh, and I forgot to mention: BSFT down 24.5% after hours today! I'm going through the conference call transcript now...
Stocktrader
Hi Stocktrader,
I monitor three of your stock & they are first three with 2%+ gains list....
Hopefully ER on all your stocks will shine AH.....If possible please give a recap of ER.....
Good luck on ER $$$$$$
Saleem
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