11:21
Unknown
Indices are UP from .30% to .85% despite weakness in Asia & Europe.
S&P 500 @ 1656.85, 50 DMA @ 1657.75, high so far 1658.92
Internals are positive by 3 to 1
Oil Down $1.60
Gold UP $6.20
Canadian $ Down 44 tick @ 96.12
VIX Down 4.11% @ 14.48
Portfolio ANR BAC CLF KOG MU AUY
Most stocks are UP
@ 1.55 following are down :
TCK BBRY AAPL SINA SU HMC BIDU V
RVBD ZNGA TZA TRLA Z MLNX.....
About market, S&P 500 made a higher low & has rallied from there.This pullback from absolute high lasted only 3.73% which is extremely mild in the scope of this bull rally. It IS important to follow the rhythm of this TAPE. CNBC is NOT a good predictor of any weakness or strength, they firmly believe in being an expert of yesterdays event NEVER "forward thinking".
BLOG does NOT give buy or sell.
PS....i have a dinner engagement this evening. The drive alone is two hour one way in Toronto's horrendous traffic. Distance is 80 miles one way. There will be no closing post tonight.
Saleem
S&P 500 @ 1656.85, 50 DMA @ 1657.75, high so far 1658.92
Internals are positive by 3 to 1
Oil Down $1.60
Gold UP $6.20
Canadian $ Down 44 tick @ 96.12
VIX Down 4.11% @ 14.48
Portfolio ANR BAC CLF KOG MU AUY
Most stocks are UP
@ 1.55 following are down :
TCK BBRY AAPL SINA SU HMC BIDU V
RVBD ZNGA TZA TRLA Z MLNX.....
About market, S&P 500 made a higher low & has rallied from there.This pullback from absolute high lasted only 3.73% which is extremely mild in the scope of this bull rally. It IS important to follow the rhythm of this TAPE. CNBC is NOT a good predictor of any weakness or strength, they firmly believe in being an expert of yesterdays event NEVER "forward thinking".
BLOG does NOT give buy or sell.
PS....i have a dinner engagement this evening. The drive alone is two hour one way in Toronto's horrendous traffic. Distance is 80 miles one way. There will be no closing post tonight.
Saleem
Posted in: Mixed
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