Monday, January 5, 2009

Slight pullback after RUNUP.....

Markets are trying to digest gains of last TWO trading session....slight pullback is good for profit taking & stronger close !!!!

Solar stocks are strong....

Dry shippers are strong....

AG is strong.....

US$ strength is taking a toll on GOLD today ...which is down almost $30.....

BUT

MY Canadian $ is UP 1.5 cents against US$...giving me serious dough....

In my portfolio :

Bought EGLE a bulk shipper my cost $7.55....among the few whose EPS is expected to grow YOY next Q.....My first stock purchase of 2009...as I am in 5 ETF

HOU UP 9 cents

HQU UP 3 cent

HMU Down $1.07

HEU UP 40 cents

URE UP 11 cent

EGLE UP 46 cents

@ 12.10 PM foolowing are green in my watch list :

AAPL,RIMM,TAN,STP,JASO,SOLF,V,YGE,POT,C,
CCJ,JRCC,WYNN,NDAQ,MA,BIDU,LVS,VLO,SPWRA,
FSLR,GS,GOOG,FWLT,POT,MON,AGU,IPI,DIG,GNK,
CSIQ,LDK.

BLOG does NOT give buy or sell.

Saleem

6 comments:

madmax said...

APPLE
News seems to propel it up today as is QLD another great buy for me except my shares are still under water.

the Drys are doing so well and CNBC is reporting that they have been way over sold!
the BDI rates are showing a positive bias.

I am looking for a 10 point run up in DSX and DRYS and FRO a slow recovery in 2009----good luck all

Stocks100 said...

Hi Madmax,

Steve Jobs gave a huge boost to AAPL by revealing the truth about his ailment.

Most sectors were oversold in this selling Tsunami of 2008...

Good luck with your conviction as 2009 will bring good FORTUNE to you $$$

Saleem

standardshigh said...

Hi All,

Bought GNK. Kick myself for not buying below $10!

Best of luck to all!

Best Regards

Stocks100 said...

Hi Standards,

Welcome to Dry shipping world....GNK is the highest BETA which I have studied in this sector.....

Saleem

standardshigh said...

Hi Saleem,

Already own DRYS and GNK but underwater a few bucks on both. Missed a great opportunity a few weeks ago to buy at rock bottom prices. BDI is flattening out and stabilizing. So the DRYS are fair value here at bottom of BDI. Unless the world comes to an end soon, we should see upwardly mobile prices. GNK is still paying 23% dividend, no plans to cut it.

Best Regards

Stocks100 said...

Hi Standards,

Shipping stocks have been trashed.I am glad you have exposure in DRYS & GNK.

I am of the belief that world is NOT coming to an end in 2009....

Saleem