After two hours of bond doing a RETEST of its HIGHS.....jerking the markets around.
Now that bond is settling @ the low end of the trading range for today.....markets are trying to regain its footing.
S&P & Nasdaq are the strongest...all indices are GREEN ..so far by NOON !!!
I bought EGO a gold producer & a potential takeover play...........I have GOLD stocks coming out out of my wazoo...................UXG,KGC & EGO.............I find gold has retested its SUPPORT @ $645..and should move UP....I hope.
NMX went into red initially because Credit Suisse started its coverage with a "neutral".
STP is trying its damndest to stand on its own ......actually showing GREEN/RED on every other tick...while TSL was down $1 to its lowest end of RECENT trading range and found support.
SNDK & RIMM are stronger than the market today.....good for my financial well being...actually sometimes all of my stocks are green today until STP gets cold feet...and dips into RED ???
Strong stocks so far are:
RIMM,SNDK,CMED,SWIR,ICE,GRMN,FSLR,XING,JNPR,NYX,INFY.
Weak stocks are :
MA,WYNN,LRCX,SIRF,WFR,MBLX,NTRI.
Look for Steve Jobs to surprise the developers @ 1PM est...with a NEW NEW twist to something......Steve is the only CEO left with GREAT INSIGHT into future successful TRENDS....AAPL may fly to all time high in the PM.
Please do your own due diligence & stay diversified in many many sectors.
BLOG does not give buy or sell.
Saleem
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