Indices are staging a technical rebound from an "extremely oversold" condition......
Economic news continues to be ROBUST which is accounting for some enthusiasm for equities today.....
We may build from here until we get overbought again......
This will be a rangebound market until Q2 ER...which will be a start of high growth Q3.....
Gold UP $13.50
Oil UP $1.06
Canadian $ UP 30 tick to 93.96 US for 1 CAD....
Portfolio is APWR,AUY,IAG,PALM,SLW,SOLF,TC,TSL......
Most stocks are UP...
@ 12.39 following are RED :
AMZN,SOHU,GNK,M,ISRG,STP,CAAS,FMCN,SNDA,
BRCD,CTRN,VAR......
BLOG does NOT give buy or sell.
Saleem
2 comments:
What has happened to AMZN today. Its down more than 5%
AMZN..had a shaky book deal with MacMillan...which will affect Sales & margin????
Saleem
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