Jobless claims & weak durable goods report provided another reason to sell equities....
S&P 500 low so far is 1078.46 Down 71.99 points from its absolute high of 1150.45.... based on the highest point & low so far..we are down 6.26%......
Gold Down $7.40 cents
Oil Down 31 cents
Canadian $ UP 5 tick
In my portfolio :
Bought SOLF @ $7.43
Portfolio is APWR,ASIA,AUY,IAG,PALM,POT,SLW,SOLF,TC,FUQI call worthless....
POT ER was better than consensus BUT its guidance was WAY LOWER than consensus..down 6.12%...looks like bottom is IN @ $101.00..had reduced my exposure by 53% 2 days earlier.....
ASIA ER on Friday.....
Most stocks are down......
BLOG does NOT give buy or sell.
Saleem
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