ADP job loss came in much worse than expected 700k job loss CAN shake the confidence of traders......
Dow lost almost 200 points near lows so far...but it is coming back to near 150 point loss after Obama cc..where he assured everyone that he understand the magnitude of economic challenges & has plan to create/save 3 million jobs.....
His stimulus plan will not only target jobs but...will have long term benefit like energy efficiency for all federal buildings....a boon to Solar & other energy efficient mechanism......
My portfolio remained unchanged with HEU,HQU,HMU,HOU,TAN,EGLE,URE...they are all red so far.....
My Canadian $ is down 18 tick against US$ so far....which will give me more RED....
Oil is down $3+
Gold is down $18....
@ 11.52 AM following are GREEN in my watch list :
MON (blowout ER & guiding UP),RIMM,POT,IPI,NDN,
DUG,SGP,SNY,ICE,IGT,SNE,VAR,MOS.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
ADP rattles market, but not much so far, seems pretty tame from last year. ATL gas $1.69 climbing fast! MON looks like a good buy in the 60's, this spike may not last. Hey MON how about a bigger dividend!
Best Regards
Hi Standards,
So far 170 points on the Dow..which is mild pullback considering rally we had....which IS a good thing !!!!
$1.69 Gas is good for GA economy!!!
Saleem
Heloo
Gas in DC is 1.60....
Monsanto is the gift that keeps giving
to hell with the Dividend
They plow the earning into research--Growth Baby.
Now who does not like growth -- OK -:)
I hope we close towards the green --low of the day
the tankers are taking a beating today!.
I guess this is what they call the DC two step--market goes up 2 steps and drops back 1 step?
Peace to all
Heloo
Gas in DC is 1.60....
Monsanto is the gift that keeps giving
to hell with the Dividend
They plow the earning into research--Growth Baby.
Now who does not like growth -- OK -:)
I hope we close towards the green --low of the day
the tankers are taking a beating today!.
I guess this is what they call the DC two step--market goes up 2 steps and drops back 1 step?
Peace to all
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