Markets got many good economic news..but tape has been flattish..so far....
Consumer sentiment highest since September.....
The issue today is ..as to how much good news is priced in ????
So...we MAY go through sideways tape......
Also there is lot of OPTIMISM baked in the market....
GOLD UP $17.10 @ $978.60
Oil UP $1.01 @ $66.09
Canadian $ Up another 1.72 cents against US$.....@91.42 cents against US$....
In my portfolio :
Sold PALM
Added 40% more MPEL
Bought AMZN
Bought IPI
Portfolio is AMZN,IPI,MRVL,MPEL,PMCS....
@ 12.32 following are among green :
STP,PALM,RCI,CCJ,POT,FXI,ISRG,GOOG,BIDU,MA,V,
CSIQ,GNK.
BLOG does NOT give buy or sell.
Saleem
Hi All,
ReplyDeleteBDI on fire ! +196 3494
SEA has broken out $13.20!
Shippers moving up!
Best Regards
Hi Standard,
ReplyDeleteI looked @ the chart of SEA yesterday....
I will monitor it for few days...
Thanks for BDI info $$$$$
Saleem
Hello,
ReplyDeleteBeen a while. Still a STP (up 28%), CCJ (up 91%) and GEOY (up 1,55%) holder..
Wonderint what to do. Did not even have time to look at charts on any of these.
Any input would be appreciated...
Hi Frogvest,
ReplyDeleteNice to see your post.
Market is overbought...so any gains should be booked...imho
I am alway's doing that !!!!
Good luck on your decision.
Saleem
Thanks for the advice. Just sold STP and CCJ
ReplyDeleteNow, I will have to find new gems... :-)