Indices are all UP & very close to breaking out...Dow took out previous 09 high today......
Gold UP $8.30
Oil UP $1.43
Canadian $ is @ new 52 wk HIGH UP 1.03 cent against US$....it takes 96.78 US cent for 1 CAD...
In my portfolio :
Bought COMS @ $5.73
Portfolio is AUY,COMS,HL,MRVL,POT,RIMM......
@ 12.03 following are green :
RIMM,AUY,HL,COMS,MRVL,TLM,TSL,BAC,PIR,
IAG,C,GE,STP,MA,GOOG,V,SU,SOL,CTRN,LULU,
JRCC,LVS,SPWRA,FSLR,SNE,GS.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Madmax,
GE is a hold IMHO. GE had four layoffs in the last year. They are still trimming employees. Their books will look better short term, due to less labor costs (a simple method to make things look better than they are). Unemployment numbers are troubling. In Atlanta so many closings of store fronts....maybe better elsewhere in the country.
Washington being accused of manipulating the numbers again.
Best Regards
Standards
This is politics
the Dem's are not about to let any real numbers lose that would discredit the President _IMHO....
Unemployment is a Huge trouble as is the loss of billions in pension funds.
But we are getting more positive growth numbers and BDI kicked up and China is looking better as is AAPL and MRVL Techs in general
THis is GE earning week and I would thinks that a positive earnings would propel GE way higher!
Best to all
Hi Madmax,
Baltic Dry Index (BDI) +1 2696
GE earnings could propel, yet it may sell on the news? 50/50 probability. This is options week, GE has tanked on options week many times this year. When we finally do get a correction, I will be a buyer :)
Best Regards
SALEEM
You may be on to something with COMS when is earnings that could be a good thing for stock price
It is ready for a break out IMHO...
RIMM is in a rough patch as is POT
MRVL is UP--hurray
Hi Madmax,
COMS just had ER..next ER is in Dec...Q ends in Nov...
RIMM & POT are basing near support...
MRVL wants to run.....
Saleem
Post a Comment