Chinese economy is moving in the right direction & showing renewed strength.....Hong Kong was UP 5.54%.....
US construction & pending home sale is UP.....
All indices are UP around 2%......
Nasdaq went above 200 DMA @ 1753...currently below that mark....
VIX currently @ 35.50..low was 34.97.....
Gold rallying UP $15.60
Oil UP 41 cents
Canadian $ is UP another 47 tick against US$...highest point in 10 weeks....NICE $$$
In my portfolio :
Bought PMCS.....
Portfolio is CTX,EGLE,IPI,MRVL,NVDA,PALM,PMCS...
Most stocks are UP......
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
$$$$$$$$$$$$$$$$$$$$$$$$
nice!
I'm still thinking we may have a big pull back mid summer. One last time before the fall push to new highs.
Best Regards
Hi Standards,
Markets always goes farther than what we may believe...both on the UP move or DOWN move.....
$3.7 trillion still in the money market funds from previous $4 trillion.....
I say RSI will hit 85 in major indices..before pullback..currently 68.02 in Nasdaq $$$
Good luck today !!!!
Saleem
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