Tuesday 9 December 2014

Indices mixed.....

Indices were down due to Chinese clampdown on use of corporate bonds as short term financing for stocks, this resulted in 5.31% slump in Shanghai exchange. US stocks are fighting back as indices may have found short term support & is near high of the day, Nasdaq is green already.


S&P 500 @ 2055.57, low 2034.17, high 2057.60


Internals are positive all over....very good sign for equities.


Oil UP 38 cents


Gold UP $37.00.....highest level in a month


Canadian $ UP 45 tick @ 85.67


VIX UP 7.25% @ 15.24, high today 16.68


Portfolio AKS BBRY EGO LULU NXPI TSL


Most stocks are UP


@ 2.35 following are red :


BBRY TSL MU PCLN KORS FB WUBA LVS

JKS CMG YUM WB FEYE SNDK BRCM

C M SPLK SBUX MCD MS TRLA Z

WYNN GS.....


BLOG does NOT give buy or sell.


Saleem

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