After trading closed in UAE today..Dubai Government issued a statement saying that Dubai Government will NOT back the debt of Dubai World which is in default...they are saying that Creditors also have to bear the "consequences" of lending......this statement came right before NY trading began.......
Markets are trying to digest latest Dubai news......
So far Indices are down .15% to .52%...Dow being the best.....
Gold Down $1.60
Oil UP 16 cents
Canadian $ UP 32 tick as Canadian economic reports are coming better than expected.....
In my portfolio :
SOLD M
SOLD LVS
Bought EXPE @ $24.98
Bought POT @ $111.95
I have completed my year end tax loss selling today !!!!
Portfolio is AAPL,EXPE,MRVL,POT,SOLF,TSL.....
@ 12.22 following are green :
TSL,SOLF,POT,AUY,SLW,STP,GS,CSIQ,IAG,SINA,
NTES,KGC,CCJ,WYNN,MA,SOHU,ABX,SPWRA,IBN,
AMZN,AGU.
BLOG does NOT give buy or sell.
Saleem
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