Oil is down big <$1.58> $64.53
Gold down <$5>
The above negative action is helping wall street to counter the negatives from existing housing slump & lower consumer confidence .
The following stocks are strong in this mixed environment:
STP,SNDK,TXN,BRCM,NVDA,WFR,TTM,BIDU.
AMD is showing surprising strength after announcing $2 billion convertible offering @ 6% till 2015 convertible @ $28.08.
SIRF is trying hard to stay in green......maybe we have seen the low of $24.99.
Good luck on your trades.
Above list of stocks are neither buy or sell..this BLOG is for educational purpose only.
Saleem
No comments:
Post a Comment