Markets are in the RED today......
Low in the indices so far were as follows:
Dow 9459.40
S&P 500 1016.20
Nasdaq 1993.03
About Doug Kass call yesterday...street.com is running a poll to see how readers view his market TOP thesis 68% agree with his call ......& i voted against I am in minority of 32%.....this very poll negates his biggest thesis that there is too much optimism about markets.....I believe the opposite is true.....
Gold Dowm 80 cents
Oil Down $1.52 to $69.91 near support
Canadian $ Down 6 tick.....
Portfolio is POT,SOL,RIMM.....
@ 10.53 following are green :
SOL,RVBD,FNM,C,AMTD......
MRVL reports AH....expecting a BEAT.....
PS..i have to step out for two hours..so posting early today.....
BLOG does NOT give buy or sell.
Saleem
8 comments:
Hi Saleem,
Interesting news from China. New tariff to encourage Solar this year.
Should be good for SOL.
www.businessgreen.com/business-green/
news/2248318/china-set-solar-feed-tar
iff
Best Regards
Saleem,
Have you followed financial sector lately? Got a couple of hundreds share of AIG at $23. Now it just touched $50. It is a crazy market. Do you think there will be some correction in financial sector? Thanks in advance for your comment.
Michael
Hi Standards,
SOL will be a success story in Solar.....so I am staying put..even though I am underwater.
Saleem
Hi Michael,
Yes I do follow financials.....as I am fundamentally driven swing trader...I have stayed out of it completely.....
Stay with whatever is working....
This market is going much much higher and it is a 3 year bull run....
Who knows where AIG will be in next 3 years.....
Good luck with your decision in AIG....
Saleem
Hello to all
Looks like another GREEN close.
The shorts are gettinf killed, or we are doing the low crawl up in the market
I like it. I got somer GE at $14 and still holding DSX and GS. MRK and BMY are both doinf very well.
CITI bank wants to go to $6, J the Cramer says no it will not!--Ha ha
Best to all
Hi C,
I guess we need MORE announcement of TOP in the market....so many bears telling whole world ...how little they know about markets...
This is a very orderly market...NO froth.....
I am glad that you are doing well...
Saleem
Saleem,
Your call on MRVL is excellent. I am still holding MRVL and it was flying AH and may be tomorrow..?
Michael
Hi Michael,
Thanks for your feedback.
MRVL execution is excellent....
This is a great market for most of us...we are all playing it differently based on our trading style.
Saleem
Post a Comment