Thursday, January 10, 2013

Indices UP .11% to .43%.....NICE !!!!

Back to back gain is nice but S&P 500 @1467.23 is making higher high is nicer.

Internals are mixed

Oil UP 91 cents

Gold UP $22.20

Canadian $ higher 25 tick @ 101.49

VIX Down 1.45% @ 13.61..ready to make new 52 wk low

Portfolio is CF,KORS,JCP,TCK,YUM

Most stocks are higher

@ 2.02 following are UP :

CF,JCP,TCK,YUM,CMG,FB,HMC,M,
AEM,GG,RIMM,SU,PANW,BIDU,
CLF,LNKD,C,MCD,X,EGO,SLW,CCJ,
SINA,BAC,MS,BJRI,WYNN,GS
CRUS,LRCX.....

BLOG does NOT give buy or sell.

Saleem

Wednesday, January 9, 2013

Indices closed UP .27% to .46%.....NICE !!!!

Indices managed to stage a rebound from two days of minor selling.

S&P 500 closed @ 1461.02

RSI @ 61.32

CMF @ 0.105

Internals were :

UP volume led by 1.28 to 1 in NYSE & 1.79 to 1 in Nasdaq

Advancing stocks led by 2.13 to 1 in NYSE & 1.90 to 1 in Nasdaq

Net new 52 wk highs were leading by 276 in NYSE & 127 in Nasdaq

VIX closed UP 1.40% @ 13.81

Oil closed @ $93.10

Gold closed @ $1655.50

Stocks which were UP 1% or more included CF,TCK,
FB,HMC,SCCO,POT,LEN,PANW,BIDU,DNKN,
COH,LNKD,MA,V,MU,BRCM,QCOM,MOS,
FSLR,MON,X,STLD,CCJ,MLNX,AGU.....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, Chinese Export data is extremely bullish for market, it rose 14.1% far above expectations of 4%. Market is looking all set to go higher.This has been an unpredictable market for most, BUT some faith in the TAPE has been extremely productive. This market has a tendency to tame euphoria & turns UP when there is little hope. Looking forward to nice TAPE action on Thursday.

BLOG does NOT give buy or sell.

Saleem

Indices UP .28% to .49%....NICE !!!!

Indices are finding their footing today & is staying UP.

S&P 500 @ 1461.16

Internals are positive

Oil Down 25 cents

Gold Down $8.50

Canadian $ Down 5 tick @ 101.31

VIX UP 1.47% @ 13.82

Portfolio is CF,KORS,JCP,TCK,YUM

Most stocks are UP

@ 1.42 following are down :

JCP,CMG,PCLN,YHOO,M,LULU,
EXPE,AEM,GG,RVBD,RIMM,CLF,
GMCR,JDSU,CIEN,FNSR,AAPL,
NVDA,SBUX,MCD,SINA,ECA,
BAC,MS,BJRI.....

BLOG does NOT give buy or sell.

Saleem

Tuesday, January 8, 2013

Indices closed down .23% to .41%......

Indices closed down again as digestive process of rapid gains continues.

S&P 500 closed @ 1457.15

RSI @ 60.12

CMF 0.103

Internals were :

Down volume led by 1.70 to 1 in NYSE & 1.54 to 1 in Nasdaq

Declining stocks led by 1.01 to 1 in NYSE & 1.15 to 1 in Nasdaq

Net new 52 wk highs were leading by 183 in NYSE & 81 in Nasdaq

VIX closed Down 1.23% @ 13.62

Oil closed @ $93.15

Gold closed @ $1662.20

AH News :

AA UP 1.10%

STX UP 2.06%

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, pullbacks were contained for two days. This is much better than straight UP. We should be able to resume market uptrend. Many stocks showed tremendous weakness on this minor pullback of about 1% from high. Paying attention to TAPE is highly recommended.

BLOG does NOT give buy or sell.

Saleem

Indices down .24% to .44%......

Indices are under pressure again.

S&P 500 @ 1456.50, low today was 1451.64

Internals are negative 

Oil Down 13 cents

Gold UP $15.00

Canadian $ Down 3 tick @ 101.31

VIX UP .58% @ 13.87

Portfolio is CF,KORS,JCP,TCK,YUM

Most stocks are down

@ 2.09 following are green :

KORS,PCLN,YHOO,POT,AEM,GG,
LULU,LVS,PANW,COH,CLF,AAPL,
V,CRUS,MU,SLW,KOG......

BLOG does NOT give buy or sell.

Saleem

Monday, January 7, 2013

Indices closed down .09% to .38%....

Indices were under mild selling pressure after major gains....

S&P 500 closed @ 1461.89

RSI @ 62.33

CMF @ 0.124

Internals were :

Down volume led by 1.43 to 1 in NYSE & .93 to 1 in Nasdaq

Declining stocks led by 1.20 to 1 in NYSE & 1.34 to 1 in Nasdaq

Net new 52 wk highs were leading by 175 in NYSE & 89 in Nasdaq

VIX closed Down .29% @ 13.79

Oil closed @ $93.19

Gold closed @ $1646.30

AH News :

YUM Down 5.32%

AH Futures Mixed

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE remains healthy as market is holding most of its gains. Earnings report are starting with MON in AM & AA in PM, hopefully MON should give hope to AG sector. AA is known to guide lower or miss expectations.

BLOG does NOT give buy or sell.

Saleem

Indices down .43% to .61%.....

Indices are taking a pause from enthusiastic buying of last week.

S&P 500 @ 1457.48

Internals are mostly negative.

Oil UP 6 cents

Gold Down $3.00

Canadian $ UP 7 tick @ 101.42

VIX UP 3.04% @ 14.25

In my portfolio :

Bought CF @ $207.12

Portfolio is CF,KORS,JCP,TCK,YUM...

76% exposure

Most stocks are down

@ 1.40 following are green :

TCK,AMZN,PCLN,FB,SCCO,LEN,
DNKN,COH,CLF,MA,V,CRUS,MU,
JDSU,QCOM,MCD,STLD,CCJ,QIHU....

BLOG does NOT give buy or sell.

Saleem