Friday, January 8, 2010

Job loss of 85K BUT markets not rattled...NICE !!!!

Markets are not rattled by unexpected job loss of 85K......Nov was revised UP..which shows improving trend in jobs picture as Nov saw job GROWTH of 4K.......

Nasdaq UP..while Dow & S&P down less than .25%...message of the market is clear....TREND is UP......

Shorts are fighting the TAPE....BUT indices are NOT budging......watch for short covering rally by close.......

Gold Down $4.90

Oil UP 43 cents

Canadian $ UP 20 tick

Portfolio is APWR,ASIA,AUY,IAG,POT,SLW,SOLF,TSL,TC...

@ 12.58 following are green :

ASIA,TSL,IAG,TSL,TC,POT,AUY,SOLF,CREE,PWRD,
AGU,PALM,GOOG,TLM,CSIQ,GNK,AMZN,X,AAPL,
SOHU,RCI,SNDA,ICE,AEM,FUQI,SNE,FWLT.

BLOG does NOT give buy or sell.

Saleem

2 comments:

madmax said...

Saleem

thanks for your blog posting!!! love it....

I got some APWR and IAG and a little of TC.

ASIA took off on me and did not want to chase it up.

have a good afternoon

Stocks100 said...

Hi Madmax,

Thanks for your feedback.

Your todays purchase if done with conviction will pay off nicely...

It is a very strong bull market....stocks that are not followed by CNBC will do remarkably well % wise by a longshot.

ASIA is a great stock..it is going much higher.......

Saleem