Indices are sharply higher and @ its highest level in this run, higher highs are extremely reliable indicator of this bullish move. Oil is UP and US data was better than expected.
S&P 500 @ 1970.60, high 1973.43, low 1937.09
Internals are positive, Advancing stocks are leading by 4 to 1 in NYSE & 2 to 1 in Nasdaq, UP volume is 2 to 1 in NYSE & 4 to 1 in Nasdaq.
Oil UP 57 cents
Gold Down $2.80
Canadian $ UP 1.36 cent @ .6598 US$
VIX Down $11.73 @ 18.14
In my portfolio :
Added ABX twice @ 40% @ $13.34 & 30% @ $13.15
Portfolio ABX BIDU CNQ CTSH FB JKS MSFT SBUX V
JKS earning report was a major beat in Sales & EPS, also guiding 33% higher shipment for 2016, only Solar company to guide UP, stock may have run up in anticipation of this outstanding ER.
Most stocks are UP
@ 2.27 following are red :
ABX TWTR LULU LNKD TSLA CSIQ DNKN CMG
FSLR SPWR AMBA SLW GG AEM VRX ZG.....
BLOG does NOT give buy or sell.
Saleem
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