Markets remain @ unchanged levels for the most morning so far......
OIL is down BIG $1.36.......still markets WAIT.......
GOLD is down $3.20.....still markets WAIT......
Bond yield @ 5.1170...a slight UPTICK.....& markets WAIT.....
Markets will move on its own time ......Marking time with FLATTISH tone is not a "bad thing".
TREND is definitely UP......so position accordingly......being AHEAD of TREND .....is a great investment INSIGHT......
I ALWAYS have some CONTRA-TREND plays in my portfolio......
EGO is behaving well when other gold stocks are in negative mode....
PDN.TO my Uranium play is UP again 2.25% so far.....this is my largest position in terms of number of shares.....while every uranium stock I follow from CCJ,DNN,SXR are all down...how it is possible.....
In both EGO & PDN.TO closely following the fundamentals & technical picture makes it possible.
SNDA is also in & out of GREEN with every 10th trade....not bad for an IFFY day so far.
RIMM staying flattish.
STP as usual is down another 27 cent.....but staying put with this ...patience will eventually pay off...I hope.....
Strong stocks today are:
FMCN( new HIGH),PMCS,JSDA,ICE,GOOG,FSLR,NMR,NCTY,
BIDU(new HIGH),
NYX,NTRI,TZOO,MA,JADE.
Again too many RED stocks ...no point in listing.
Good luck for rest of the day !!!!
BLOG does not give buy or sell.
next update @ 7PM EST.
Saleem
No comments:
Post a Comment