Monday, July 7, 2008

What goes down must come UP....Markets & Stocks !!!

Markets are showing basing formation with an upward bias......

Markets are oversold......

Many stocks rebounding strongly......

Financials are "not participating"?????

Not a very convincing tape..

Techs are behaving well.......

Steels are UP.....

Solar on rebound......

Selective Ag is UP......

In my portfolio :

SOL UP 65 cents

AAPL UP $6.43

@ 11.28 AM the following stocks are up in my watch list :

MRVL,GSI,DRYS,CSIQ,TSO,RIMM,JNPR,SOLF,WFR,
TSL,LDK,VMW,POT,ICE,YHOO,JRCC,IGT,WYNN,
BIDU,GOOG,VLO,FSLR,ISRG,AMZN,BRCM,CTRP,
SAY,QLD,NCTY,HPQ,ACH,X.

BLOG does NOT give buy or sell.

Saleem

2 comments:

  1. Financials are still hurting the market

    AAPL rules--up 3% hurray

    My Vias and Mon are nose diving
    HAL will break out of this base and pop.

    Peace

    ReplyDelete
  2. Hi Madmax,

    Yes....unless financials move UP...sustainable rally cannot start.

    Saleem

    ReplyDelete