Markets were given another dose of flu shot & bad bank pill...but we keep staying well above support???
Because ...markets are NOT buying media fear mongering for a long time now...but media keeps rehashing the old ones with a side order of new ones.....
TAPE is giving every indication that indices ARE heading HIGHER......
Gold Down $17.30
Oil Down 92 cents
Canadian $ down 23 tick
Portfolio is CTX,EGLE,IPI,MRVL,NVDA,PALM,WEN......
@ 12.14 following are green :
NVDA,AMTD,AAPL,POT,GOOG,BIDU,AMZN,MA,V,NDN,LULU,
GS......
BLOG Does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Maybe we go sideways for awhile? Setting a new bottom to move up from?
Taking a well deserved rest?
Wow, what a shift in focus for the media, economy is old news, now it's flu bug. You would think the sky is falling from the way this is being shown.
Smart buyers are nibbling away at the premier stocks.
Best Regards
Hi Standards,
This market is itching to move UP in a hurry.
You have to believe that economic activity worldwide has screeched to a halt....thus justifying their thesis that worldwide recovery is in serious jeopardy...AH...the wonder of rating game !!!!
Saleem
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