Indices are under Option Expiry pressure AGAIN......
Option related activities should subside after lunch....
Gold UP 70 cents
Oil UP 60 cents
Canadian $ UP 36 tick
In my portfolio :
SOLD MRVL
Bought 15% more POT @ $ 106.80....looks like selling is drying up after Soleil securities downgraded POT to a sell with a target of $85...their thesis of $300 per ton potash contract with China is unrealistic...should be just below $400 per ton.....we all will know next week when contract is finalized.....
Portfolio is AMZN,AUY,GAME,POT,SLW,SOLF,TSL......
@12.27 following are green :
AMZN,TSL,AUY,SLW,IAG,ABX,GG,RIMM,AAPL,MRVL,
CSIQ,GOOG,MA,V,FWLT.....
BLOG does NOT give buy or sell.
Saleem
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