Friday, January 15, 2010

JPM comments putting pressure in Indices...

JPM cautious comments regarding future profitability & economy is putting pressure in indices...1.27% to 1.51% loss is the range......

Option Expiry is also playing a role in negativity.....should see an improvement by close.....

Solar are under pressure AGAIN but off the lows...sign of stabilization......

Gold Down $12

Oil Down $1.05

Canadian $ Down 35 tick to 97.25

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

@ 12.36 following are green :

PALM,BIDU,MA,AMZN,NDAQ,VLO.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

Madmax said...

Standards

Dunno if GNK will get to cheep the BDI has help the up side now for 2 weeks.

GNK wants to go to $26 so get some now! By close today you will be up
IMHO

Best to all happy 3 day weekend to all

Michael said...

Saleem,

I picked up some TSL this morning at $50. Hope it will go up from here. MM worked hard to move any stock to their desired strike price and it was predicted by you on Monday. It is not surprised. Market should be better on next Monday. Have a nice weekend.

Michael

Stocks100 said...

Hi Michael,

TSL @ $50 is good entry..$12 below recent highs of 3 days ago....

Markets are controlled by hedge funds alongwith MM...they CAN do anything to any stock.....

We should see a better close today !!!!!

Saleem

standardshigh said...

Hi Madmax,

Bought GNK near low today $25.

Best Regards