Pundits were NOT ready for a jump start...BUT India's premier exchange Bombay Sensex shot UP into stratosphere by jumping UP 17% in a day......to celebrate election of Congress party....
Most Indian stocks are UP 20%+++ including ETF......
Most world markets were down 2%++ until Sensex opened then everything turned UP from down which were open for trading...Nikkei missed the run because they were already closed.
Gold Down $10.50
Oil Up $1.70
Canadian $ UP 1 cent against US$....after being down for couple of trading days....
In my portfolio :
Added 15% more PMCS on a downgrade......
Portfolio is EGLE,MPEL,PMCS,PALM,TLM.......
PALM is @ new 52 wk high ... while leaders AAPL & RIMM are far far from their 52 wk highs..."thanks to many negative commentary on PALM product/valuation ... by those who cannot see the forest from the trees"...as once a wise man said......TAPE action speaks LOUDER than negative words...PALM UP only 948% from its 52 wk low????
TLM had a new Oil discovery in North Sea.......
Most stocks are UP......
BLOG does NOT give buy or sell.
Saleem
5 comments:
SALEEM
Here is the Drys index:
Baltic Dry Index (BDI) +61 2605
Rates BCI
(Cape index)
BPI
(Panamax index)
BSI
(Supramax index)
INDEX 3600
+119
2516
+42
1786
+32
SPOT 4 TCE AVG (USD) 35369
+1447
20121
+338 18679
+335
YESTERDAY (USD) 33922
19783
18344
YEAR AGO (USD) 203520
84637 65371
Hi Madmax,
BDI is moving UP daily ...BUT EGLE is stalled due to FEAR of secondary offering...I will ADD after the offering if given a chance.....
Rest of the shipping stocks are doing OK......good for you & standards $$$$$
Saleem
SALEEM
have you noticied taht LVS is flying again---Hurray
My APPLE is coming back as is GS and CITI GE is a close second today with a 4% up tick
Monsanto can not move for some reason--Yet I think it is a good buy
Good luck to all
Saleem here are some refinery stocks that I have tracked
WNR was good to me in the past
ANW TSO VLO FTO AE HOC IOC LZ WNR
It may be a good time to get some --thoughts?
Hi Madmax,
Yes refiners are looking GOOD $$$$
I will do some homework then see which one is looking better....
Thanks for pointing it out....
Most portfolio should be doing good today...as market is very healthy......
Saleem
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