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


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6 comments:

  1. stocktrader_1996February 3, 2014 at 11:29 AM

    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

    ReplyDelete
  2. Stocks100February 3, 2014 at 11:31 AM

    Hi Stocktrader,

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

    Saleem

    ReplyDelete
  3. stocktrader_1996February 3, 2014 at 1:08 PM

    Hey Saleem,

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

    Stocktrader

    ReplyDelete
  4. Stocks100February 3, 2014 at 1:29 PM

    Hi Stocktrader,

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

    Saleem

    ReplyDelete
  5. DjovannyFebruary 3, 2014 at 2:17 PM

    time to accumulate gold stocks

    ReplyDelete
  6. Stocks100February 3, 2014 at 2:45 PM

    Hi Djovanny,

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

    Saleem

    ReplyDelete