Markets are trying to regain its footing today after taking it on the chin yesterday.....
S&P 500 is the strongest so far followed by NASDAQ then Dow.....
OIL slumped to 3 year LOW.....great for world economic recovery & for consumers worldwide..business cost will come down with low oil..mining & manufacturing also benefits...
In my portfolio :
I added HMU.TO a world mining index which also has heavy Gold component like GG,ABX,NEM,FCX....I feel mining stocks BHP,RTP,AA, have taken a royal beating and are due to move UP..my cost $3.90
Portfolio is HOU.TO,HSU.TO,HQU.TO & HMU.TO
HOU Down 12 cents
HSU UP 31 cents
HQU UP 31 cents
HMU UP 16 cents..I am UP 3 cents
@12.06 PM following are green in my watch list :
TAN,AAPL,WFR,V,KGC,C,TKC,CTRN,ICE,
NDAQ,WYNN,MA,BIDU,SOHU,NYX,VLO,
ABX,SPWRA,FSLR,VAR,GOOG,IBN,FWLT,
GG,MON,FXI,TOL,PHM,UYM.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I can't wait for the reversal! Money will come out of the woodwork to buy stocks of any kind. MM's will jump in with both feet so they will not be left behind. It will be huge! Buy distressed stocks now on the cheap.
Best Regards
Hi Standards,
Tape is pointing to a major bottom in market....
It will be prudent to have exposure ..so one benefits when market moves UP.
Saleem
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