Thursday, September 10, 2009

Nasdaq @ new HIGH of 09 AGAIN....!!!!

All Indices are GREEN again.......

Nasdaq @ new 09 HIGH again....

S&P 500 almost ready to make new 09 high....

Oil UP 9 cent to $71.40

Gold Down $2.30 to $993...basing just below $1000 to make another RUN above $1k.....most Gold stocks are UP which is leading indicator of higher gold prices to come.....sometimes bullion leads sometimes stocks lead....

Canadian $ down 7 tick...Bank of Canada keeping interest rate outlook unchanged and revising 2nd half of 09 GROWTH @ higher clip.....expressed concern @ high Canadian $ which may interfere with revised higher growth in GDP.....

Portfolio GSS,HL,POT,SOL,RIMM

@ 12.17 following are GREEN in my watch list :

HL,GSS,SOL,RIMM,TSL,SLW,GG,AEM,
IAG,LULU,IGT,BIDU,AUY,GS,FWLT,
AMZN,ISRG,SU,EBAY.

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Saleem,

    Great day with an upside! Have you followed MPEL lately? I got out at $6 and waited for it to come back but it seems that it still have potential on the upside.

    Michael

    ReplyDelete
  2. Hi Michael,

    I have not followed MPEL since i sold it many months back.....

    It is hard to follow many stocks so i go with select few sectors...

    By the way..Gold & silver stocks looks very exciting....

    Saleem

    ReplyDelete
  3. Saleem,

    Your GSS and HL did very well. I am not familiar with Gold stocks. I should put them on my radar now. GSS&HL look very promising on the upside.

    Michael

    ReplyDelete
  4. Hello to all

    Bloomberg
    Loves GNK--they claim it is a screaming buy
    I love DSX--they claim the bottom is in on shippers and we go up from here.

    Buy --good luck to all

    ReplyDelete