DOW 7,301.63 -94.07
NASDAQ 1,456.50 -5.61
SP500 770.92 -7.20
Weakness in precious metals, industrial metals, and oil.
EEV 48.29 +1.56. Mechanical intraday buy. Paper trade long at 48.35.
AA 5.2599 -0.3301. Potential longer term short.
JAVA 7.841 +2.871 (+57.77%). Consolidation news with IBM highlights a danger of being short and taking a large overnight percentage loss. The large, strong hands are looking for opportunity. This is good for the industry.
NFLX 41.533 +0.743. Relative strength with all time high price. Candidate for long term buy-and-hold.
BGU 21.21 -0.422.
TNA 15.91 -0.14. Went long at 15.8 this morning.
Oil reserves slightly higher than anticipated.
USO 28.48 -0.96. Crude inventory numbers released today showed a buildup of reserves.
XOM 67.11 -1.98. If long, make sure this holds 67.
XLE 42.19 -1.29.
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