Markets are in a "wait & see mode" for Jobs report on Friday....
My guess is that Jobs report will be "bullish" for market.....
RSI of 63.56 has come down for Nasdaq in a big way.....which is healthy...
Market needed a rest before moving UP again......Last 3 days has been flattish which is healthy after a huge RUNUP...
This pullback will bring buyers again...close should be interesting AGAIN.....
Gold UP $1.10
Oil Down $1.07 to $70.90
Canadian $ Down 62 tick.....to 92.83 US for 1 CAD
Portfolio is POT,SOL,RIMM,RVBD,SU....
CSIQ had a huge BEAT in ER.....49 cents EPS vs consensus of loss of 9 cents...also raising guidance for the full year.....
IPI reports AH.....expecting a BEAT in EPS......
@ 12.26 following are green in my watch list :
SOL,EBAY,EGO,CSIQ,FMCN,C,CTRN,CCJ,
WYNN,LVS,SOHU,SNE,VAR,GE,AMTD,V.
BLOG does NOT give buy or sell.
Saleem
8 comments:
SALEEM
IS RIMM safe here?
Wow it blew off down 3%
It is still a good stock
SU is a bargain at $33.46
Regards
Hi Madmax,
Yes..RIMM is agreat buy here !!!!
SU also good purchase...
Saleem
Hi All,
Look at GNK taking a drubbing! Going back for more when we get a pull back. BUCY sells off exactly at 32. Someone has a sell program set at 32 I bet. GE making headway.
Best Regards
This is the pull back I was anticipating....good day to be a buyer.
Hi Standards & Speed,
This market TAPE is still in an UPTREND...so buying the dip will pay off...
GNK,RIMM,SOL,STP were all on Sale...
Saleem
Hi Saleem,
BDI taking a hit now at 2907.
Best Regards
Hi Standards,
Thanks for BDI info.....
Saleem
I nibble a bit today at MFC and CGA
Good luck to all
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