Wednesday, December 17, 2008

1% giveback on indices so far.....

Markets are trying to stabilize after RUNUP yesterday.....

Crude is down $2.27 after announcement of 2.2 million barrel per day cut in production which is higher than expected.....

AAPL decision to not send Steve Jobs to last Mac world causing speculation about his health...Oppenheimer downgraded AAPL today based on succession issue...Down $6.77....

In my ETF portfolio :

TSX computer has crashed so there is NO trading in Toronto as I write.....

@ 12.00 following stocks are green in my watch list :

RIMM,STP,POT,WFR,MA,BIDU,SOHU,SAY,VLO,ABX,
SPWRA,FSLR,GS,FWLT,LDK,UYM.

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Hi Saleem,

    Have you noticed that the Hang Seng market has risen 4000+ in the past 40 day? Oct low 10K now at 15K+. Nice!
    Still brutal from 27k > 10K. But things are looking up.

    Best Regards

    ReplyDelete
  2. Hi Standards,

    I do not follow foreign markets in any depth.....but it is nice to know that most markets have come off their lows in a meaningful manner.....

    Green is the color in New York...Tornto markets are not trading due to computer crash....

    Saleem

    ReplyDelete
  3. SALEEM

    THe AAPL news is just plain awful

    Hoping for the best for AAPLE
    BDI are way up and so are the stocks
    AG's are on fire and MONSANTO is up again
    We may close green today

    ReplyDelete
  4. Hi Madmax,

    Hopefully AAPL news is discounted today already....

    Yes AG & SHIPPERS are on fire....I missed it completely.....

    Market behaved well today considering yesterday's big move UP.

    Saleem

    ReplyDelete