S&P 500 & Nasdaq closed green, Dow closed down 10 points.
S&P 500 UP five day's in a row, closing @ 1402.80
RSI @ 63.83
Internals were :
UP volume led by 1.59 to 1 in NYSE & 1.24 to 1 in Nasdaq
Advancing stocks led by 1.21 to 1 in NYSE & 1.24 to 1 in Nasdaq
New 52 wk highs were leading, 143 in NYSE & 54 in Nasdaq
VIX closed Down .26% @ 15.28
Oil closed @ $93.36
Gold closed @ $1620.20
Stocks which were UP 2% or more included LEN,JCP,TCK,AUY,
ZNGA,FNSR,NVDA,KOG....
AH ER / News
YHOO Down 3.44%
OTEX Down 5.81%
MGA UP 1.85%
NVDA UP 4.35%
FIO UP 26.07%
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE remains healthy & digesting its recent gains. Very seldom we see TAPE this stable in an UP trending mode. Many traders are too short sighted to project " what it could be". I remain firmly bullish.
BLOG does NOT give buy or sell.
Saleem
Thursday, August 9, 2012
S&P 500 UP five day's in a row...NICE !!!!
S&P 500 is making five wins in a row. Nasdaq also green. Dow is down slightly.
S&P 500 @ 1404.06
Internals are positive.
Oil Down 11 cents
Gold UP $4.20
Canadian $ UP 20 tick @ 100.75
VIX UP .39% @ 15.38
Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY.
Most stocks are UP
@ 2.37 following are Down :
NTES,LVS,CMG,PCLN,LULU,V,
SBUX,WYNN,IBN....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1404.06
Internals are positive.
Oil Down 11 cents
Gold UP $4.20
Canadian $ UP 20 tick @ 100.75
VIX UP .39% @ 15.38
Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY.
Most stocks are UP
@ 2.37 following are Down :
NTES,LVS,CMG,PCLN,LULU,V,
SBUX,WYNN,IBN....
BLOG does NOT give buy or sell.
Saleem
Wednesday, August 8, 2012
Indices closed mixed.......
Fourth day in a row , S&P 500 & Dow managed to close green, Nasdaq was the only loser down .16%.
S&P 500 closed @ 1402.22
RSI @ 63.66
Internals were :
UP volume led by 1.54 to 1 in NYSE & 1.28 to 1 in nasdaq
Advancing stocks led by 1.05 to 1 in NYSE & .78 to 1 in Nasdaq
New 52 wk highs were leading, 129 in NYSE & 58 in Nasdaq
VIX closed Down 4.19% @ 15.32
Oil closed @ $93.35
Gold closed @ $1616.00
Stocks which were green @ close included
BIDU,LEN,JCP,
TIF,CLF,FCX,GOOG,M,
COH,MA,V,MU,JDSU,PANW
Chinese inflation data CPI came in @ 1.8%, expectations of 1.7%. PPI dropped 2.9% expectations were drop of 2.5%. These data leaves lot of room to loosen Chinese monetary policy further.
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE is so strong that it seems that a "blowoff" is imminent anytime. Markets are stable because there is something which IS brewing. Bullish bets are being rewarded big time & more may be on the way.
BLOG does NOT give buy or sell.
Saleem
S&P 500 closed @ 1402.22
RSI @ 63.66
Internals were :
UP volume led by 1.54 to 1 in NYSE & 1.28 to 1 in nasdaq
Advancing stocks led by 1.05 to 1 in NYSE & .78 to 1 in Nasdaq
New 52 wk highs were leading, 129 in NYSE & 58 in Nasdaq
VIX closed Down 4.19% @ 15.32
Oil closed @ $93.35
Gold closed @ $1616.00
Stocks which were green @ close included
BIDU,LEN,JCP,
TIF,CLF,FCX,GOOG,M,
COH,MA,V,MU,JDSU,PANW
Chinese inflation data CPI came in @ 1.8%, expectations of 1.7%. PPI dropped 2.9% expectations were drop of 2.5%. These data leaves lot of room to loosen Chinese monetary policy further.
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE is so strong that it seems that a "blowoff" is imminent anytime. Markets are stable because there is something which IS brewing. Bullish bets are being rewarded big time & more may be on the way.
BLOG does NOT give buy or sell.
Saleem
Indices down .05% to .14%.......
Indices were caught in "famous European downdraft" again, but US market is trying to shrug off Spain downgrade.
S&P 500 @ 1400.97
Internals are mixed
Oil Down 62 cents
Gold UP $3.20
Canadian $ UP 22 tick @ 100.54
VIX Down 2.5% @ 15.59
In my Portfolio :
Added 150% BIDU @ 129.97
Added 70% LEN @ $30.13
Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY
Exposure 164%
Most stocks are UP
@ 2.09 following are red :
NTES,LVS,YUM,CMG,PCLN,EXPE,AMZN,LNKD,
SU,SNDK,MOS,CCJ,APKT,SINA,BJRI,GS,IBN....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1400.97
Internals are mixed
Oil Down 62 cents
Gold UP $3.20
Canadian $ UP 22 tick @ 100.54
VIX Down 2.5% @ 15.59
In my Portfolio :
Added 150% BIDU @ 129.97
Added 70% LEN @ $30.13
Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY
Exposure 164%
Most stocks are UP
@ 2.09 following are red :
NTES,LVS,YUM,CMG,PCLN,EXPE,AMZN,LNKD,
SU,SNDK,MOS,CCJ,APKT,SINA,BJRI,GS,IBN....
BLOG does NOT give buy or sell.
Saleem
Tuesday, August 7, 2012
Indices closed UP .39% to .87%....NICE !!!!
Indices are moving UP back to back & closing higher.
S&P 500 closed @ 1401.35
RSI @ 63.43
Internals were :
UP volume led by 2.30 to 1 in NYSE & 3.60 to 1 in Nasdaq
Advancing stocks led by 1.82 to 1 in NYSE & 1.84 to 1 in Nasdaq
New 52 wk highs were leading, 181 in NYSE & 80 in Nasdaq
VIX closed UP .25% @ 15.99
Oil closed @ $93.67
Gold closed @ $1612.80
Stocks which were UP 2% or more included LVS,LEN,NTES,TCK,
LULU,CMG,PCLN,GG,
ZNGA,LRCX,MU,JDSU,
CIEN,FNSR,TIF,FCX,GG,AGU
AH ER :
Z Down 9.60%
PCLN Down 14.83%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, Staying bullish & having overweight exposure has paid off for many traders. Pullbacks are not to be afraid of. Many are missing this rally or are underweight, will buy on dips. This rally has the feel of something BIG.
BLOG does NOT give buy or sell.
Saleem
S&P 500 closed @ 1401.35
RSI @ 63.43
Internals were :
UP volume led by 2.30 to 1 in NYSE & 3.60 to 1 in Nasdaq
Advancing stocks led by 1.82 to 1 in NYSE & 1.84 to 1 in Nasdaq
New 52 wk highs were leading, 181 in NYSE & 80 in Nasdaq
VIX closed UP .25% @ 15.99
Oil closed @ $93.67
Gold closed @ $1612.80
Stocks which were UP 2% or more included LVS,LEN,NTES,TCK,
LULU,CMG,PCLN,GG,
ZNGA,LRCX,MU,JDSU,
CIEN,FNSR,TIF,FCX,GG,AGU
AH ER :
Z Down 9.60%
PCLN Down 14.83%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, Staying bullish & having overweight exposure has paid off for many traders. Pullbacks are not to be afraid of. Many are missing this rally or are underweight, will buy on dips. This rally has the feel of something BIG.
BLOG does NOT give buy or sell.
Saleem
Indices UP .69% to 1.13%....NICE !!!!
Indices are on a steady course of moving UP.
S&P 500 @ 1405.94
RSI @ 64.54
Internals are positive anywhere from 2.5 to 4.5 to 1
Oil UP $2.02
Gold Down $3.10
Canadian $ UP 37 tick @ 100.33, means you have to pay 100.33 cents US for 1 CAD.
VIX Down 1.44% @ 15.72
Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY
Most stocks are UP
@ 1.59 following are Down :
AUY,GOOG,AAPL,LNKD,FB,MA,V....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 1405.94
RSI @ 64.54
Internals are positive anywhere from 2.5 to 4.5 to 1
Oil UP $2.02
Gold Down $3.10
Canadian $ UP 37 tick @ 100.33, means you have to pay 100.33 cents US for 1 CAD.
VIX Down 1.44% @ 15.72
Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY
Most stocks are UP
@ 1.59 following are Down :
AUY,GOOG,AAPL,LNKD,FB,MA,V....
BLOG does NOT give buy or sell.
Saleem
Monday, August 6, 2012
Indices closed UP .16% to .74%......NICE !!!!
Indices closed UP after huge gains on Friday.
S&P 500 closed @1394.23
RSI @ 61.53
Internals were :
UP volume led by 1.94 to 1 in NYSE & 2.98 to 1 in Nasdaq
Advancing stocks led by 1.66 to 1 in NYSE & 1.66 to 1 in Nasdaq...yes it IS accurate.
New 52 wk highs were leading, 190 in NYSE & 71 in Nasdaq
VIX closed UP 1.98% @ 15.95
Oil closed @ $92.20
Gold closed @ $1616.20
Stocks which closed UP 2% or more included BIDU,LVS,NTES,TCK,AUY,
KORS,TIF,CLF,FCX,LNKD,
FB,CIEN,COH,ZNGA,MU,JDSU,C......
AM / AH ER :
CTSH UP 10.97%
SOHU UP 17.75%
CYOU UP 18.74%
BSFT UP 21.81%
JDAS Down 7.51%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE remains healthy with back to back gains & higher highs made & higher close in all indices. It is important to stay engaged with good stocks. This TAPE is strong enough to ride stocks UP. Conviction is important in this "new stable & uptrending environment".
BLOG does NOT give buy or sell.
Saleem
S&P 500 closed @1394.23
RSI @ 61.53
Internals were :
UP volume led by 1.94 to 1 in NYSE & 2.98 to 1 in Nasdaq
Advancing stocks led by 1.66 to 1 in NYSE & 1.66 to 1 in Nasdaq...yes it IS accurate.
New 52 wk highs were leading, 190 in NYSE & 71 in Nasdaq
VIX closed UP 1.98% @ 15.95
Oil closed @ $92.20
Gold closed @ $1616.20
Stocks which closed UP 2% or more included BIDU,LVS,NTES,TCK,AUY,
KORS,TIF,CLF,FCX,LNKD,
FB,CIEN,COH,ZNGA,MU,JDSU,C......
AM / AH ER :
CTSH UP 10.97%
SOHU UP 17.75%
CYOU UP 18.74%
BSFT UP 21.81%
JDAS Down 7.51%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE remains healthy with back to back gains & higher highs made & higher close in all indices. It is important to stay engaged with good stocks. This TAPE is strong enough to ride stocks UP. Conviction is important in this "new stable & uptrending environment".
BLOG does NOT give buy or sell.
Saleem
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