Tuesday, April 16, 2013

Indices UP .89% to 1.31%...NICE !!!!!

Indices are UP after reacting to data & news yesterday.

S&P 500 @ 1571.24

Internals are positive by  minimum 3 to 1

Oil UP 10 cents

Gold UP $26.00

Canadian $ UP 43 tick @ 97.89

VIX Down 17.72% @ 14.21

Portfolio BAC,BBRY,JCP,HMC

YHOO reports tonight, expecting a beat & in-line guidance. CEO needs to focus more on mobile strategy which is holding YHOO back while GOOG, AAPL & FB are ahead in that arena. Currently she is into user interface mode.

BAC reports before open, expecting a beat & ongoing improvement in their business & loan loss provision.

Most stocks are UP

@ 2.03 following are red :

YHOO,COH,KORS,JDSU,CIEN,FNSR,
SINA,ECA,GS.....

BLOG does NOT give buy or sell.

Saleem

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