Wednesday, February 4, 2009

ISM data giving hope for economic revival !!!!

ISM data is giving hope for economic revival....

ADP data also was NOT as bad as feared.....

Market is finding some traction with Dow lagging Nasdaq....

Bulk Dry shipping stocks are on a tear with HUGE % gain as high as 28%.....

Most sectors are higher.....

Gold is UP $15

Crude UP 49 cents

In my portfolio :

IMG UP 26 cents

GERN Down 6 cents...consolidation/base building going on....

XLF UP 20 cents

Canadian $ is higher against US$...GREEN for me...

BLOG does NOT give buy or sell.

Saleem

2 comments:

standardshigh said...

Hi Saleem,

BDI up big +168 to 1350 today.

3000 is normal.

Things are starting to move.

Best Regards

Stocks100 said...

Hi Standards,

Your faith in Shipping stocks is paying off with GNK in a big way $$$$.

Saleem