Markets are green in every index????
Dow went down to 11288.22 @ low of the day???
Was today the RETEST of the low and we stayed ABOVE...HIGHER LOW????Could this be a START of UPTREND$$$$$
Lot of pundits are very SURE that it IS a BEAR market....which is a close of 20% below of recent HIGH......we have NOT done this YET.....so please STOP the celebration of BEAR market???
In my portfolio :
MRVL UP 42 cents
SOL Down 57 cents.....Solar stocks are very WEAK inspite of new contract news between CSIQ & LDK....SOLF also had some positive news along with TSL which announced new contract also???
@ 11.26 AM the following stocks on my watch list are GREEN:
GSI,TSO(Bottom for refiners?),TOL,VMW,CCJ,JRCC,
WYNN,MA,BIDU,SOHU,VLO, FSLR,ISRG,AMZN,GOOG(Upgrade),CMED,GS,NTES.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Yes I don't get the celebration of the BEAR market either??? The BEAR is bad for most everyone. Media is most likely playing the political game here. Blah, Blah, Blah. Traffic is picking up in ATL, I believe the initial $4 a gallon shock has worn off. My business is picking up steam again. Go CMED!
Hi Standards,
CMED is looking very strong AGAIN !!!!
I think market wants to go higher...
I am happy that your business IS picking UP..inspite of the economic challenges!!!
Saleem
the market is in denial about how soft the econlmy is , IMHO.
We are in trouble till we get clear of the real estate bubble--the slime is still out there haunting us - no recovery till all the banks come clean with loan write offs--oncer we get past finalcilas getting cleased the market can go up.
Half Time Show!
What are everyones predictions?
Commodities ruled the first half, what about the second half? IBD 100 loaded with commodity players. Are they peeking? What is the second half trend? More of the same? Solar? Tech?
Financials turn around? They look too cheap right now.
Standards
Hi Standards,
Solar,Tech,Financials,Home builders & Retailers...will rule
2nd half with biggest % GAINS !!!
Saleem
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