Tuesday, March 31, 2009

Indices ends Q1 in with impressive gain !!!!

Markets ended Q1 with impressive gains......

Now what ???

AH futures are in RED...indicating another weak open...

Despite poor economic numbers... markets ended the session on an UP note.....

Nasdaq was the biggest % gainer today AGAIN !!!!

Solar stocks were big % gainer on PJ Jesse Pichel note detailing potential subsidy numbers from Chinese Govt.....

Financials were strong AGAIN.....

Oil stocks were strong while Oil was weak???

VIX closed @ 44.14 Down 3.07%....Not a number you want to see when markets are rising???

Rotation is going on on a daily basis......AG & Bulk Dry Shipping stocks were laggard....

Internals were healthy with advancing stocks & UP volume clearly in lead....

BLOG does NOT give buy or sell.

Saleem

1 comment:

standardshigh said...

Hi Saleem,

RIMM looks strong heading into earnings. Maybe a nice pop on Thursday too.

Best Regards