Markets were strong @ the end of 5th week of solid gain back to back.....
Volume was high & above average for a holiday shortened week.......for some it was not possible but when markets wants to go higher "smart money moves IN few minutes before long weekend"...as they say "it IS different this time"
VIX closed @ 36.53 down 5.97%...lowest close in a long Long time...again back to back close below much dreaded 40.....
Financials were flying HIGH today thanks to WFC......IF banks can BEAT analyst expectations handily...can you imagine what other sectors CAN DO !!!!!
By 10AM Friday I will post list of technically weak/strong/buy rated stocks !!!
BLOG does NOT give buy or sell.
Enjoy Easter with family & friends !!!
Saleem
2 comments:
Hi Saleem,
i bought wfc and sold it before earning with the sudden negativity toward banks. I cannot kick myself enough. Lesson learned about agendas of analysis. I hope you are doing well.
I have been very conservative since the crash and have second guessed myself. I bought nlc a Buffett purchase. It is a steady up stock.
Holding and working which is going very well. I teach therapist how to work with patients with emotional trauma and there is a big demand.
Have a wonderful weekend.
Best Wishes,
Diane
Hi Diane,
So nice to hear from you again.
Do not kick yourself too much as analysts work in concert and do shake the best of us.
I am glad your work is going well.
I have stopped listening to analysts for a long long time and trying to fine-tune my own system...hopefully it will return most of my loss from 08.
Enjoy your long weekend.
Saleem
Post a Comment