After 5 mt trader bailed out on Ben Bernanke statement about removing stimulus..market found NO real reason to show weakness.......
BB gave a clear plan to tighten interest rate....which market was looking for...
Greece is almost a "done deal" by Germany & France.....which market was looking for a resolution.....
Volume was light...thanks to major snowstorm in East coast......
Market internals were neutral to positive......
Major standout today were BIDU,AGU,MA,CIEN,FNSR.......
JASO reports before open..expect a BEAT & guide UP...which should propel Solar stocks....
AH SWIR ER was a bust..Down 15.82%.....
AH Futures are mixed
AH NIKKEI & Singapore UP
AH Oil UP
BLOG does NOT give buy or sell.
Saleem
Hi All,
ReplyDeleteBaltic Dry Index (BDI) -55 2575
BDI still very weak.
Good Luck
Best Regards
Hi Standards,
ReplyDeleteWHY...BDI is so weak???
I thought it should REBOUND after minor correction???
Any insight will be helpful to many.
Saleem