Friday, January 9, 2009

Indices trying to regain footing......

7.2% unemployment rate caused market to react negatively.....

Indices are in support zone...S&P 500 890 area looks like support......

Canadian Job report was slightly worse than expected..which is taking a toll on Canadian $....it is down 77 tick against US$...so far......RED for my portfolio......

In my portfolio:

HEU Down 17 cents

HMU Down 7 cents

TAN down 16 cents

EGLE UP 4 cents...it is lagging since yesterday among Dry bulk shippers...

URE Down 26 cents

@ 12.10 following are green in my watch list:

LDK,STP,SOLF,YGE,SLV,POT,YHOO,
ABX,KGC,GG,FSLR,IBN,RIMM,DUG,GNK,DRYS,DSX.

BLOG does NOT give buy or sell.

Saleem

4 comments:

madmax said...

SALEEM
I watched the tape today on DSX

Huge share blocks of 10,000 to 20,000 shares

that tells me interest is out there for Dry Bulkers

Does any one think we will close green??

Good Luck to all Mon is Green and my FRE and FNM are down.
Cheers

Stocks100 said...

Hi Madmax,

I am definitely in the camp that we will have green close $$$$

EGLE is lagging for today so far also..hope it rockets UP by close....counting on it!!!!

Saleem

standardshigh said...

Hi All,

This market does not want to go down, right after the jobs report, it dove, but has been clawing its way back. Someone is believing in this market!

Best Regards

madmax said...

OK

What the hay happened to the green close

they are raining on my parade