Monday, May 9, 2016

Indices mixed.....

Indices are mixed and well above lows of the day despite oil being sharply lower, even oil stocks are off their lows, this decoupling from oil is extremely encouraging.

S&P 500 @ 2061.51, high 2064.15, low 2054.31

Internals are negative in NYSE & positive in Nasdaq

Oil Down $1.10

Gold Down $27.50

Canadian $ Down 94 tick @.6999

VIX Down 1.15% @ 14.55...bullish for equities....

Portfolio BIDU CNQ CMG JKS NTES JCP SBUX TWTR

Most stocks are down.

@ 1.52 following are green :

CMG JCP SBUX LULU PANW SPLK GOOG AMZN
COH YUM FFIV MCD DATA CSOD TRIP MLNX...

BLOG does NOT give buy or sell.

Saleem

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