Markets are backing off to digest 14% RUNUP in a straight line......
US$ is in free fall against world currencies since yesterday......
Canadian $ is UP 64 tick against US$....
Gold UP $70++....
Oil UP $2++
My current portfolio is :
RIMM,LSI,IPI & GNK......always subject to sale!!!!
@ 12.22 following are green in my watch list :
RIMM,GNK,IPI,AGU,TLM,STP,TSL,SLV,POT,
DSX,EGLE,YHOO,CCJ,JRCC,VLO,ABX,GG,IAG,AEM,
SPWRA,FSLR,FWLT,LULU,UYM,TAN.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
BDI 1860 dropped 113 today. Consolidation after run up from 663? I would think so......
GE looks clean shaven. Shorts were busy creating scandalous news.
Going into options expiry is hard to read the tape. What say you?
Kindest Regards
Hi Standards,
Analyst were very busy today with their CYA calls on many stocks to save their behind.
I say stay with GE for long term as negativity is behind them.
OE is not important as markets MAY consolidate another day as MM will put pressure on most stocks based on their strike price.
We should resume rally from Monday...
REST/CATCHING breadth is good for markets.
Saleem
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