Market is ignoring the obvious bleak economic conditions..as it is ANTICIPATING more Job Loss.....means it is discounted already......
Market is certainly putting a brave face as discounting of most NEGATIVE economic conditions are well known.....
RIMM issued a much anticipated warning for its Q ending in Nov which is Q3.....it is GREEN....
Oil Inventory was bullish...but traders have PINNED down the price of oil wherever they like it to be.....
In my portfolio :
HOU Down 1 cent
HSU UP 4 cents
HQU UP 13 cents
HMU Down 21 cents
@ 12.17 PM following are green in my watch list :
AAPL,RIMM,TAN,SOLF,FSLR,STP,V,MA,
ICE,SPWRA,ISRG,GS,GOOG,LDK,PHM,TOL.
BLOG does NOT give buy or sell.
Saleem
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