Thursday, April 9, 2009

mini battle for Dow 8K continues....Rally Continues $$$

Markets are trying to convince scared skeptics that "this rally is a real thing"

Economic news & profit picture is "improving RAPIDLY"

Consumer confidence is increasing with real stat like "home sales & Y/Y same store sales"

Gold Down $5.50..as risk aversion is going from markets...as RISK taking is GOOD$$$

Oil UP $1.83...as economic growth is all set to resume.....

Canadian $ UP 85 tick against US$ as trade numbers were "positive instead of negative"..jobless rate moved UP to 8%.....job loss was 61,000

Portfolio RIMM,GNK,IPI,SOL,MRVL,PALM,PMCS.....

Most stocks are UP based on Wells Fargo fast improving profit picture.....

VIX currently 37.61 down 3.19%...lowest number back to back.....

BLOG does NOT give buy or sell.

Saleem

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