Fed came to rescue of this market by maintaining "considerable amount of time" and new insert, that they will be "patient" in raising interest rates......we are looking @ major UP move in the markets by close.
S&P 500 @ 2001.68, high 2012.47, low 1973.77
Internals are positive by minimum 4 to 1
Oil UP 28 cents
Gold UP $3.00
Canadian $ UP 2 tick @ 83 .77
VIX Down 10.78% @ 21.03
Portfolio AKS BBRY EGO LULU MU NXPI TSL
Most stocks are UP
@ 2.47 following are red :
TSL SWIR KORS LVS JKS CSIQ EBAY WB
CRUS WLT TRLA Z WYNN .....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
Two days in a row now I considered adding NXPI. I may have missed my chance, especially with the nice JBL numbers after close. Some of the semis were the only stocks holding their moving averages despite the declines.
Stocktrader
Hi Stocktrader,
There are many stocks which are ready for picking.
Good luck with your pick.
Saleem
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