Thursday, May 16, 2013

Indices mixed....

Indices are holding up despite below expectations unemployment claims & housing data.

S&P 500 @ 1657.48

RSI @ 72.54

CMF @ 0.435....highest level since January 2013...huge positive.

Internals are mixed

Oil UP 73 cents

Gold Down $10.50.....tested support today & is higher than low...a technical improvement.

Canadian $ Down 12 tick @ 98.31

VIX UP .70% @ 12.90....indicating optimism about equities

Portfolio EBAY KOG BBRY AUY

Most stocks are down

@ 1.43 following are green :

KOG AUY PANW TIF LULU AAPL POT
PCLN CF FFIV RVBD CRUS GMCR
MU BRCM JDSU CIEN CSCO
QCOM EGO SLW AEM CCJ
MLNX WYNN IBN FCX....

BLOG does NOT give buy or sell.

Saleem

No comments: