Wednesday, April 8, 2009

Market fought fed minutes negativity by closing GREEN !!!!

Markets showed real strength by ignoring fed minutes of weak economic picture.....

All index closed Green....Nasdaq was the-strongest....

VIX closed @ 38.85...lowest close in a long time......

EXM had good ER AH...sharply higher UP 19%....Bulk dry shipping stocks all higher in sympathy !!!!

Futures are flat.....

Among the strong stocks were:

RIMM,IPI,MRVL,GNK,PMCS,LULU,BIDU,
CMED,ISRG,FSLR,LDK,TSL,POT,MON,IBN,
NYX,NDAQ,AMTD,NVDA,AAPL,GOOG.....

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. charlieApril 9, 2009 at 2:19 AM

    Hi Saleem.
    What do you think of the "sell in May and go away" philosophy concerning this year? Thanks for all your hard work! Charlie

    ReplyDelete
  2. charlieApril 9, 2009 at 2:20 AM

    Hi Saleem.
    What do you think of the "sell in May and go away" philosophy concerning this year? Thanks for all your hard work! Charlie

    ReplyDelete
  3. Stocks100April 9, 2009 at 4:40 AM

    Hi Charlie

    Nice to see your note again.

    Appreciated your comment.

    "This year it wil be different"

    I know...we all have heard this before.....

    This was the-worst bear market since depression...so it will built UP from here...so staying in the market will be rewarding....

    I will keep buying on any weakness in MAY !!!!

    Good luck on your strategy based on your OWN comfort level.

    Saleem

    ReplyDelete
  4. standardshighApril 9, 2009 at 6:24 AM

    Hi Charlie,

    I agree with Saleem.

    We are at historically low levels.

    Bargains galore.

    Opportunities abound.

    Best Regards

    ReplyDelete