Wednesday, April 15, 2009

Selling over..Dow & S&P 500 Green...NICE !!!!

Markets were given many negatives for trading day......

INTC no guidance...

Inflation @ multi year low....

Factory production fell 1.5%....

As these are all discounted already today..so it is having minimal effect after 2.5 hr of trading....

Market wants to go higher......2.25 day of selling IS over???

Gold is flat

OIL down 20 cents

Canadian $ is @ a new 10wk HIGH UP 75 tick against US$...NICE, NICE & very NICE$$$$

In my portfolio:

Sold SOL

Bought NVDA & added 50% more PMCS

Portfolio is RIMM,NVDA,MRVL,PMCS,IPI,GNK,WEN,PALM....

@ 12.09 following are among GREEN :

IPI,CTRN,IGT,VLO,ABX,SLV,STP,SPWRA,FSLR,MU,
GS,VAR,IBN,FWLT,MON,AGU,LDK,FXI,PHM,TOL.

BLOG does NOT give buy or sell.

Saleem

2 comments:

madmax said...

HELLO ALL

I still like GE!
According to Stockcharts Point and figure the bullish objective is $19, The chart is telling me we are stuck around $12 till the bollinger band moves up, The RSI is at 60 room to romp IMHO

Regards to all

standardshigh said...

Hi Madmax,

Hey I can live with that! Once we get past Friday, we will have a better feel for it's prospects. Earnings on Friday, touted to be flat.

Best Regards