Market are in a holding pattern waiting for big time decision about passage of stimulus package & DETAILS about bad bank relief.....
GOLD Down $15
Oil UP $1.75
Dennis Gartman in his newsletter today is predicting Canadian $ to move sharply UP to equal US$ by summer.....If this happens...I will be a very happy investor in CAD.....
In my portfolio:
Added more TOL today.....it reports on wed....my cost went UP to $19.13....there IS $15,000 credit for all home buyers in stimulus package...will give a kick start to home builders..TOL is the best in that sector...best balance sheet in that industry !!!!
GERN UP 7 Cents
TOL Down 4 cents
XLF UP 13 cents
Canadian $ UP 44 tick against US$......
@ 11.55 AM following are green in my watch list :
CMED,GNK,V,YGE,POT,CCJ,JRCC,WYNN,
BIDU,SOHU,VLO,FSLR,IBN,GOOG,FWLT,
AAPL,AGU,IPI.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteBDI up +173 to 1816. Moving on up!
GNK gaining momentum. Not sure why.
Best Regards
Hi Standards,
ReplyDeleteNews IS very good on BDI.....
I am NOT sure if stocks are overbought in that sector...
I will buy after some consolidation !!!
Saleem