Monday, March 4, 2013

Indices near unchanged as Shanghai crashes 3.65%

US market is showing major relative strength after Shanghai crashes 3.65% overnight on Property bubble concern. 60 minutes last night also highlighted property bubble in its two segment program.

Indices are Mixed 

Internals are negative

Oil Down $1.20

Gold Down 70 cents

Canadian $ Down 32 tick @ 97.10 , eight month low on commodity weakness.

VIX Down 1.76% @ 15.09

In my portfolio :

Added 30% BAC @ $11.26

Portfolio BAC,BBRY,YHOO

Exposure 74%

Most stocks are down

@ 1.44 following are green :

YHOO,QIHU,EXPE,COH,BSFT,M,DNKN,
AMZN,CMG,GOOG,PCLN,LEN,LNKD,
V,ZNGA,MU,C,FNSR,QCOM,SBUX,
GS,IBN....

BLOG does NOT give buy or sell.

Saleem



No comments: