Tuesday, July 14, 2009

Indices all green.....NICE !!!

Indices are doing a back to back gain after GS reported a blowout Sales & EPS......

S&P 500 is only 7 points away from 50 DMA....

AH INTC ER will be out..expecting a beat

GOLD UP $2.30...

OIL UP 62 cents to $60.31....

Canadian $ UP 1.18 cents to 88 cents against US$..Canadian economy showing solid gains in housing which IS UP in sales YOY......had all time record housing resale in June.....Sales UP the most EVER.....prices are UP 6% also..housing starts are also UP back to back....

In my portfolio :

Bought SLW....a silver producer....Gold & Silver stocks seasonally move UP from July .......

Portfolio is GNK,IPI,MRVL,SOL,SLW,TLM.....

@ 12.12 following are green :

GNK,MRVL,SOL,SLW,TLM,SINA,KGC,IGT,WYNN,
BIDU,EGLE,SOHU,GG,SNE,IBN,FWLT,X,KLAC,GE.....

BLOG does NOT give buy or sell.

Saleem

3 comments:

c said...

Saleem
Good evening
Looks to me like you are diversfied
Cool

Silver and Gold Hmmm I would have never thought.
I do think that the tankers are a sure thing

Regards to you oil down again yahoo

Stocks100 said...

Hi C,

Yes..diversification in timely sector CAN do wonders for your portfolio....

Dead money is NOT desirable in a bull market..where we are heading slowly.....

Keep filling you car daily..before you know Oil will be back UP to $73...

Saleem

golden_sahib said...

I still come to your site occasionally. I saw that you bought SLW. I've played the stock a few years now and have never been burned. Good luck with it.