Monday, April 16, 2007

Dow closed @ All time HIGH AGAIN !! 20th of April

TSX 136655 up 90.01
Dow Jones 12962 up 153.35 All Time HIGH 3 days in a ROW $$$
S&P 500 1484 up 13.62
Nasdaq 2526 up 21.04
US Gold $695.80 up $7.50
Light Sweet crude $63.38 up $1.55
Uranium $113

GOLD getting very close to pyschological round number of $700...will it cross on monday trade !!!

CHINA GDP grew by 11.1%..which is very good for world economy.Most world markets were UP following one day OVERREACTION.... US markets which looked on the positive effect of China's strong growth went into record close 3 days in a row on Dow Jones.

Junior Gold exploration companies UXG,RBY,KGC & AUY were all UP .

Uranium stocks PDN.TO,SXR.TO,DML.TO,UEX.TO & CCJ were all UP.

Moly stocks BLE.TO & MOL.TO came back very strong

Casino stocks MPEL & WYNN were UP & LVS down today....

Yahoo closed down .05 on 3rd day of dissappointing earning & guidance.

GOOG & ISRG earnings were good..stocks UP big.


My portfolio is listed below:

Technology

Nand Flash maker SNDK..Earning after close on thursday the 26th april 18 cents,Sales$758.99 million

GPS Chip maker SIRF (Earning miss by 1 cent & guided down by 1 cent) was down $2.78 added 150% @ the LOW of the day

Alternate Energy / Solar Power STP

Uranium Producer PDN.TO

Gold Exploration UXG ..added 25%

Molybdenum Exploration MOL.TO

Exchange NYX ..Earning before open on thursday the 26th April 47 cents ,Sales $356.02 million

Booked profit in NVDA & RAL.TO today.

Added today SIRF,UXG & MOL.TO.


Please do your OWN due diligence....Stay DIVERSIFIED.

This BLOG does not recommend buying or selling of any stocks listed above...this BLOG is for educational purpose ONLY.

Good luck in your OWN trading decisions.

Saleem

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