Markets closed down 2.42% to 3.18%.....
S&P 500 was the-weakest followed by NASDAQ then Dow.....
Considering everything US market still behaved with more confidence than Europe & Asia where % drop was much steeper during trading hour.
Futures are lower on all indices after factoring fair value :
Dow Down 139.77
S&P 500 Down 13.32
NASDAQ Down 19.28
Fed meeting starting Tuesday with interest rate decision on Wed by 2.15 PM...expecting 50 basis...
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi SALIM ,all
why do you like UYG ??It looks cheap but looks dagerous.It seems like manipulation in the market. I expect V shape recovery. but small ivestors will ot there to make moey. Last 10 minutes ,dow 210 points????Is it normal???I do not think so. Thanxs.
SALEEM
Good Morning
Looks like a positive open
Good luck on positions
Buying any gold or oils?
Me got QLD, FRO, DSX, AAPL and RIMM
Cheers to all
M
Hi Ds,
I like UYG....because no rally can take hold unless financials participate......this is double play on financials.
Bottom is formed when shorts are very confident & get trapped...so a huge "short covering"
Saleem
Hi Madmax,
Huge rally today $$$$$
Saleem
Hi salim all
Just sold big chunk at8.07. I know it will go up but i want piece of mind.Yesterday i was down big but now safe.No positio.I was 100 % mrgin thats the reaso i am out.good luck to all.
Post a Comment