Wednesday, May 6, 2015

Indices down .68% to .74%.......

Indices are reacting to bearish comment by Janet Yellen, ironically Fed chief "never make comment about market when  we were crashing many times, but are always commenting when markets are going up, we all remember irrational exuberance comment of previous Fed chief "

S&P 500 @ 2075.46, low 2073.15, high 2098.42

Internals are negative by 50% in Nasdaq and by over 2 to 1 in NYSE.

Oil UP 40 cents

Gold Down $2.70

Canadian $ UP 27 tick @ 79.63

VIX UP 10.34% @ 15.79

Portfolio AKS BBRY GPRO LULU KORS RAD VDSI

Most stocks are down

@ 2.27 following are green :

GPRO LULU YHOO PCLN BABA NXPI FFIV YNDX
BRCM FNSR X CSOD MGA AGU MLNX......

BLOG does NOT give buy or sell.

Saleem

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