Markets ended on a strong note ...two day's in a row !!!!
VIX below 40 in a long long time !!!!!
NYSE had more new 52 wk highs than low today...14 new high 12 new low.....first time in a long time!!!!
NASDAQ had 21 new 52 wk highs...first time in a long time!!!!!
Advance were leading by 5.38 to 1 on NYSE!!!!
Advance were leading by 3.30 to 1 on NASDAQ!!!!
All in all strong TECHNICAL picture !!!!!
Wishing all BLOG visitors a HAPPY & PROSPEROUS 2009 !!!!!!
BLOG does NOT give buy or sell.
Saleem
hi saleem
ReplyDeletethanks for the blog and the help you give to others . i do appreciate it. wish you and your wife a bright and a prosperous new year 2009. may god continue to bless you and your family.
Hi Steve,
ReplyDeleteNice to see your note.
Many happiness to your family & your crown prince !!!!
2009 is shaping to be a much better year than 2008.
BLOG is a labor of love !!!!
Saleem
HELLO ALL
ReplyDeleteTAke a look at the Drys--BDI index is going higher--and CNBC was saying the Drys are headed higher--see below:02 January 2009
Baltic Dry Index (BDI) -1 773
Rates
BCI
(Cape index)
BPI
(Panamax index)
BSI
(Supramax index)
INDEX
1361
+24
540
-18
411
-10
SPOT 4 TCE AVG (USD)
8997
+108
4326
-150
4295
-110
YESTERDAY (USD)
8889
4476
4405
YEAR AGO (USD)
149828
63028 58666
Hi Madmax,
ReplyDeleteYour DRYS & DSX are doing well today $$$$
Saleem
Happy New Years.
ReplyDeleteSaleem,
Do you think its time to revisit SOL?
Hi Victor,
ReplyDeleteSOL remains most undervalued solar stock.....based on PE???
Market seems to be saying that solar stocks have been OVERSOLD.
SOL wants to go HIGHER based on tape $$$$
Good luck with your decision !!!!
Saleem