Markets got the much needed boost for financials..with the BAD BANK idea being considered....
Most sectors are participating in this RUNUP except Gold & some Pharma......as they are CONTRA trend play.....
Gold Down $12...
Oil Down 40 cents....
In my portfolio :
Bought XLF ETF for US financials...as current administration is going to come up with new & better ideas to help Financials & economy.....my cost $9.95
HGU Down 89 cents
GERN Down 2 cents
XLF UP $1.02..I am up only 21 cents
Canadian $ is UP 1.27 cents against US$..as Budget was stimulative & will pass the parliament...
BLOG does NOT give buy or sell.
Saleem
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