Dow & S&P 500 had another record close...
My condolence to genius of wall street like Doug Kass,David Rosenberg,Robert Prechter,Roubini,Carter Worth who "talk the- most & know the-least" about market TAPE & MOMENTUM...they all have scored "F" since July......
Gold was UP $9.60 to $1139.70
In my portfolio :
Sold TSL
Sold SOLF
Portfolio is APWR,ASIA,AUY,IAG,PALM,POT,SLW,TC & FUQI call which is dying
AH IBM ER was greeted with selling ..Down AH 1.85% on 1.81 Million AH volume
AH CREE ER was stellar UP AH 10.90% on 1.26 AH volume
Germany will introduce legislation for cutback in subsidies on Wednesday which MAY pressure Solar stocks....will stay out until there is more clarity in terms of Sales & EPS......
Strong stocks were APWR,SOHU,IBN,AGU,ISRG,GOOG,IPI,
GS,MA,V,AAPL,NVDA,CSIQ,X.....
AH Futures are UP
AH Nikkei UP
AH Hang Seng Down
AH Shanghai Down
AH Oil Down
VIX closed lower @ 17.58 Down 1.84%
BLOG does NOT give buy or sell.
Saleem
5 comments:
SALEEM
Good morning
Looks like today could be a red day
Bank of America Corp reported a wider-than-expected quarterly loss of $5.2 billion, hurt by still-high loan losses and its repayment of U.S. government bailout aid. I wonder if earnings report had the loss built into the share price.
Looking for some action in hte shippers today
Cheers to all
Hi Madmax,
RED...is the color....
Most sectors down.....
Saleem
How does GNK look at 23.00 - 23.30 range. It sold off sharply today.
Cheers !!
Paramjeet
Hi All,
GNK looks much better at 23! I bought too soon! The further deviation from the BDI the better.
Before market professional sales drove the market down 140 before open.
We may be getting some traction here. Saleem?
Best Regards
Hi Standards,
Today is the first day of real selling...so we MAY close near lows of the day......
Tuesday COULD be "turnaround Tuesday"
Saleem
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