Tuesday, May 14, 2013

Indices UP .57% to .81%.....NICE !!!!

Stock market worldwide are ignoring below expectation German investor confidence. Even DAX is UP .72% while other European indices are UP from .53% to .82%.

When market ignores bad news from China Germany & US...it means only one thing, market is predicting better economic picture "down the road"

S&P 500 @ 1646.97 another all time high

RSI @ 70.54

CMF @ 0.371 highest since March 2013

Internals positive by almost 2 to 1

Oil Down 43 cents

Gold Down $8.90

Canadian $ Down 51 tick @ 98.44

VIX UP 2.31% @ 12.84

Portfolio EBAY KOG BBRY & AUY

Most stocks are UP

@ 2.16 following are red :

BBRY AUY COH TIF AAPL TCK
TZA HMC CLF BIDU GG AEM 
SLW EGO JASO ZNGA MU
CIEN FSLR STLD CCJ
MGA FCX....

BLOG does NOT give buy or sell.

Saleem

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