Thursday, May 28, 2009

Markets are back on GREEN track....NICE !!!!

Durable goods orders were higher than expected.....

Even new home sales were UP...not as much as experts... but they were UP .3%....

GM is going to become Government Motors (US owns 72%) when they file for chapter 11 on June 1.....

Jobless claims better than expected.....

All in all an improving trend....

Gold UP $10.20

Oil UP $1.01

Canadian $ UP another 42 tick against US$... close to highest level since March......

Portfolio is MRVL ( reports AH..expecting a beat and guide higher),MPEL,PMCS,PALM.

@ 11.36 AM following are green :

PALM,RIMM,IPI,RCI,RIMM,CCJ,IBN,POT,
GOOG,BIDU,GS,MA,TSL,FSLR.

BLOG does NOT give buy or sell.

Saleem

9 comments:

standardshigh said...

Hi All,

BDI on fire!

+134 3298

Best Regards

Stocks100 said...

Hi Standards,

GNK is on fire daily $$$$$

Saleem

c said...

HELLO

Look at my DSX load up for the trip to $20, I smell money$$$$$$$
these are the one I track up nice!

DSX EGLE EXM ESEA FREE FRO GNK NM OCNF PRGN TBSI SSW GLNG NAT TNP GMR VLCCF

standardshigh said...

Hi All,

Breakout on GNK today! Yahoo!

Best Regards

standardshigh said...

Hi All,

BDI smashed thru technical resistence at 2200. One leg up. Second leg is SEA technical breakout 13. Now at 12.54
Should provide some fireworks. $$$

Best Regards

Stocks100 said...

Hi Standards,

GNK is a "superstar".....

SEA is next !!!!

Saleem

madmax said...

standards

Yahoo HooRaw you the man--GNK who knew--

look at FREE up 27%
Yahoo what a stock
I own FRO and DSX
Good luck to all my APPLE is smoking as is GS.
Saleem you PALM and PMCS have come back

Stocks100 said...

Hi Madmax,

On green day..most stocks are participating.....

Nice to see that your AAPL,GS is on the move UP.....

Saleem

standardshigh said...

Hi All,

Bought BUCY

Apple & GS big winners this year!

RIMM will be big winner this year.

Sold June GE 15 calls

Best Regards