Markets are in the starting point of a major BULL mode.The reasons are very CLEAR !!!!
Markets are seeing BEYOND the weekly focus of JOBS REPORTS and are PREDICTING improving picture for economy starting late in 07 & early 08.
Nervous investors are still STUCK in analyzing what is happening in housing marklet and HOW it will affect US economy.
The IMPACT of SLOWING housing is ALREADY factored in GDP.........it is 1%...so that is OLD NEWS as far as wall street is concerned.
Today SOLAR stocks will TAKE OFF....STP,FSLR,TSL will be the BIG movers % wise & $ wise.
Yahoo is in takeover talk with MSFT...already UP 18%++ in pre market...a mild negative for GOOG.
Nasdaq will be the BIG winner today...........so stay in very strong stocks like ICE,CROX,WFR,YHOO,BIDU,SNDK,CSCO,GROW,NYX,RIMM,FMCN,CCJ,UXG,ABX,VLO.
Futures are UP....so look for a GOOD day....jobs report....a non event !!!
Good luck on YOUR due diligence.
BLOG does not give BUY or SELL.BLOG is for educational purpose only.
Saleem
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