Thursday, February 5, 2009

Markets ignoring record jobless claim data....

Markets are trying to deal with the obvious bad news about economy...sky high jobless claim...

After dipping in red...markets found enough courage to look beyond the obvious & started buying NEAR LOWS......I say that was a smart strategy$$$$$

Gold is UP $15

Oil is Down slightly

MA & V better than expected ER giving a huge lift to their share price......

CSCO downward guidance being digested nicely by other tech stocks....

In my portfolio:

IMG UP 14 cents...after hitting 52 wk high of $9 in Toronto....

GERN UP 39 cents....

XLF UP 27 cents....

@ 12.00 following are strong in my watch list :

AAPL,POT,AGU,MON,NDAQ,RIMM,FSLR,
FXI,ISRG,GOOG,GS,MA,V,IPI,ABX,KGC,AEM,
CTRN,ICE,YHOO,SOHU,NYX,SNE.

BLOG does NOT give buy or sell.

Saleem

4 comments:

standardshigh said...

Hi Saleem,

BDI rocketing +189 to 1498!

Best Regards

Stocks100 said...

Hi Standards,

Thanks for the info on BDI.

Saleem

madmax said...

HELLO to all

Lots of talk on Bloomberg buy the shippers. We got more up side coming IMHO
3 cheers for the Drys and BDI being up again

Stocks100 said...

Hi Madmax,

BDI & shippers were strong lately $$$$

Saleem