Markets are on a roll......
Technicians keep identifying that we cannot go higher anymore...but here we are with all indices closing GREEN on Friday MAY 1st....
How about that famous much dreaded 870 in S&P 500......Guess what? .....we closed @ 877.52....lot of TV pundits went SHORT before 870...now they are taking their lumps AGAIN.....
This only proves that it PAYS to have your OWN analysis and do your OWN homework.......
I do not even have any business channels anymore since Feb...I am doing "mighty FINE"
Bulk Dry Shippers were on a tear today.....thanks to good ER from DRYS.....
Following stocks were among the leaders today by close :
EGLE,IPI,PALM,MRVL,DRYS,GNK,RIMM,TSL,TLM,EXPE,
CCJ,JRCC,POT,AGU,DSX.......
VIX closed @ 35.30...lowest close since hitting 80+++...another sign of great things to come !!!!
By 10AM Saturday..I will post list of technically strong & buy rated stocks.....I am eliminating weaker stock list....
BLOG does NOT give buy or sell.
Saleem
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