Market has rallied for a long time & are trading @ their highs......so profit taking was in vogue today ahead of the weekend......
Despite profit taking..which IS wise to do...market did NOT budge..closing near where it opened...
Pay attention to the tape..which is strong......
US$ gave a beating to Gold down $19.60 & Canadian $ which was down 1.80 cent ......Oil was Down 43 cents...
There is rotation going on within the sector so go for stocks which have not moved.....in a diversified mode.....
Strong stocks included BIDU,GOOG,SOL,SPWRA,AMZN,AAPL,SOHU,X....
By 10AM Saturday ..I will list buy rated stocks.
BLOG does NOT give buy or sell.
PS...Post was delayed due to visitors.
Saleem
No comments:
Post a Comment