White House & Fed have been actively engaged in resolving most of the economic issues......
Recession is off the table NOW......
Wall Street should have a very strong Q4 rally...which started in anticipation two days ago.
One should "overweight their exposure to markets NOW"
In my portfolio :
LDK down $1.61 ...a normal pullback on lower volume.....
AGU UP 20 cents after hiting new alltime high.....
AAPL UP $4.45..on two POSITIVE analyst note...plus rumour of new laptop & 3G phone..plus ramp in ipod production.....only $2+ from alltime high...friday could surpass that magic number $$$$
RIMM UP $2.92.....reversal confirmed after recent selloff....RIMM also confirmed dec 20th ER...so NO warning from RIMM...as speculated by shorts ????
My portfolio was UP only .4% as I lost .4% in my CAD short...still UP almost 117% since nov 7 short....will maintain this position until 96 cents target reached..it closed today @ 99.12...the target by Canadian Central bank is an average of 98 cents as per their minutes released today.....which means it can fluctuate between 96 cents & even with US$.....
AH PALM & NSM warned.......
Todays rally was broad based ....all sectors were in green.....Techs,Financials,Housing and some Retail were UP also......
Solar were the only weak spot except for HOKU , JASO & ENER.......they were UP !!!!
Friday's Job report will fuel this rally further......
Good luck for Friday.
BLOG does NOT give buy or sell.
Onus is on you to do your OWN due diligence...based on FA & TA.
Saleem
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