Monday, February 3, 2014

Indices breaks support, down 1.65% to 2.39%......

Poor manufacturing data from US came in below consensus. All indices have broken support while Dow is below 200 DMA......

S&P 500 @ 1747.888, low 1744.20, S&P 500 down 106.64 points or 5.76%

Internals are negative 5 to 1 in S&P 500 & 7 to 1 in Nasdaq

Oil Down $1.01

Gold UP $19.30 @ 90.10

Canadian $ UP 35 tick

VIX UP 11.35% @ 20.50, high today 21.13

In my portfolio :

Sold AUY @ $9.40

Bought EXTR @ $7.06

Portfolio EXTR JKS KOG MU

Most stocks are down

@ 2.19 following are UP :

TWTR AAPL EGO GG AEM .....

BLOG does NOT give buy or sell.

Saleem


6 comments:

stocktrader_1996 said...

Hey Saleem,

Only stocks up for me right now are AAL, RALY, and POT...ugly day. Some decent bounces in CSOD and NOW too.

Stocktrader

Stocks100 said...

Hi Stocktrader,

RALY IS showing "major strength"...good for you....

Saleem

stocktrader_1996 said...

Hey Saleem,

I would love a gap down tomorrow and get a great morning flush.

Stocktrader

Stocks100 said...

Hi Stocktrader,

This was the-flush i was looking for...

Saleem

Djovanny said...

time to accumulate gold stocks

Stocks100 said...

Hi Djovanny,

Based on the gold stocks i monitor only AEM was green while Gold was UP $20....thus my sale of AUY.

Saleem