Wednesday, December 10, 2008

Markets UP ...Short covering on the way $$$$

Markets are giving clear message that "bear tape" is over......

Market is ignoring all BAD economic data...as it is ALL factored in ...DISCOUNTED already !!!!

NASDAQ is strongest so far...despite AAPL target & estimate cut......so analyst NEGATIVE take on the biggest stock on NASDAQ is NOT sinking techs?????

Major short covering on the way.......

All commodities are UP sharply...with GOLD UP $40..OIL UP $3.75

In my portfolio :

All my ETF are making a HUGE % move.....

HOU UP 44 cents +15.3%

HMU UP 90 cents +21%

HSU UP 26 cents +3.7%

HQU UP 21 cents +3.4%

Double ETF are looking good $$$$

@ 11.59 AM following are green in my watch list :

URE,LDK,STP,SOLF,WFR,KGC,GG,ABX,POT,AGU,IPI,
MON,DRYS,TKC,YHOO,CCJ,JRCC,NDAQ,WYNN,SOHU,
VLO,SPWRA,FSLR,ISRG,IBN,FWLT,GOOG,VAR,FXI,
CMED,NDN,IG,UYM.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Madmax said...

My QLD was not very strong to day--AAPL took a down grade---ouch

Good luck to all

Stocks100 said...

Hi Madmax,

Your other stocks did well today!!!

Saleem