Markets are showing NO buying interest so far......
Nasdaq is the weakest index..while Dow is down the-least...
Dow Chemical is a drag on the market today after cancellation of project from Kuwait.....
GOLD is UP ...
AG is UP....
Oil is flattish after being UP 6% on Israeli Palestinian conflict which IS escalating ... over 300 death so far....
In my ETF :
HOU UP 3 cents
HQU Down 15 cents
HMU UP $1.82
URE Down 48 cents
Canadian $ slightly higher against US$....few green for me !!!
@ 11.41 PM ...following are UP in my watch list :
AAPL,ABX,GG,AUY,KGC,IPI,POT,AGU,STP,
JASO,YGE,CCJ,JRCC,SOHU,SAY,SNE,IBN,
SNY,DIG,CSIQ,SOL.
BLOG does NOT give buy or sell.
Saleem
4 comments:
HELLO
their is little volume
No conviction
My Citi play DOWN as is FRE, terrible market. I am in the ranks of the whales and I still am getting scalped!
With Israel at it again -no one knows what to expect-hence price of oil is up and going higher IMHO! I am so surprised to see the commodities soaring and GOLD up
CNBC say $1,000 is coming---Dunno about that
Cheers to all and Happy New year to all
Hi Madmax,
Thin volume allows hedge funds to move the market the way they want...
Financials move with market....
Let us hope that close MAY bring some buying!!!
Saleem
Hi All,
Just got back from Washington D.C.,,,,can you believe the traffic! Ugh! No gas shortage there,,,or is that old news? The same old worn out Israel conflict again? It was on before I was born and it is still going on 54 years later! No news there either. Most people are still on vacation, so no buying interest until 2009. Keep an eye out for great dividend paying stocks at these low prices.
A better new year to all!
Hi Standards,
Welcome back from DC trip....
2009 should bring optimism on the whole.
Saleem
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