Markets are showing consensus of 50BP that fed will cut rates....I think it MAY be 75BP...which will put recovery in overdrive......
Markets are UP in anticipation of Fed rate cut.....
GS UP $6++on much anticipated bad ER.....
BBY UP $3++ on gloomy forecast in retail....
Getting the picture...be REALISTIC in your OUTLOOK "thou shall be REWARDED"
AG stocks flying on ML upgrade of this sector$$$
US$ weak AGAIN...my short US$ is helping me big time...came out green overall in lousy tape yesterday..today also looking green..so far.....
In my ETF portfolio:
Added more HOU.TO my crude bet which has NOT worked out so far...but keep trying..my cost went down to $4.80...
HOU Down 4 cents
HFU Down 8 cents
HMU UP 9 cents
HSU UP 19 cents
HQU UP 28 cents
Canadian $ is strong against US$...which will help in my equity.....
@ 11.39 AM..following are green in my watch list:
URE,RIMM,V,POT,C,CTRN,ICE,CCJ,IGT,NDAQ,
WYNN,MA,BIDU(GS upgrade),SOHU,NYX,
SPWRA,FSLR,ISRG,XLF,GS,IBN,GOOG,FWLT,
MON,AGU,IPI,SNY,UYM.
BLOG does NOT give buy or sell.
Saleem
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