Markets are reacting to bad job data where job loss are mounting.....even revisions were to the downside....Unemployment rate is highest in 5 years 6.1%.....
I am still expecting firmness by close as we are OVERSOLD in markets & in most stocks....NOT a bad day to restart some trades.....
In my portfolio :
CSIQ Down $1.70
SOL Down 63 cents
@ 11.26AM the following are green :
JNPR,WFR,TKC,GG,ICE,YHOO,IGT,MRVL,ABX,
DUG,SNDK,QID,SDS,DXD.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Morning to all
WOW market wants to go UP
VISA is a good buy in the $70 range.
I gotta have faith that once financials finnish correcting Visa will blast off.
Solar should come back soon! Let all hope that the correction is over
Hi Madmax,
Test of support was successfull...
We go UP from here to S&P 1300 area...
Start counting some serious money $$$
Saleem
Hi Saleem,
Bought TSM $8.90
Have a great (next) week!
Hi Standards,
Taiwan Semi Conductor is the ultimate play on Taiwan...which will benefit the-most with good relations with China....
Good luck & enjoy your weekend !!!
Saleem
Hi Saleem,
Been keeping an eye on TSM. Not a high flyer, yet it does fluctuate between 8 and 11 on a regular basis and pays a 4.4% dividend to boot. Catching it below 9 was a gift. FRE pretty solid this week. V making a bounce here maybe to 73? Would be nice!
Happy days!
Hi Standards,
Hope you heard the news for FRE & FNM...it does NOT look good....
Hope you have sold FRE as stockholders MAY be wiped out on monday.
Saleem
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