Tuesday, March 16, 2010

Greece & Fed lifting markets......

Greece has been taken off credit watch list & optimism from Fed statement keeping markets in record territory......Indices UP .18% to .43%......

S&P 500 making another High of the year...Nasdaq almost touched recent high......

Gold UP $19.30 to $1124.40

Oil UP $2.14 to $82.22

Canadian $ UP 54 tick to record high 98.57 cents US for 1 CAD..Canadian Finance Minister seems happy that Canadian $ is strong for many reasons......

In my portfolio :

SOLD SLW..Booked profit

SOLD MU..Booked profit

Portfolio is APWR,GNK,IAG,SOL......

Most stocks are UP.....

@ 12.40 following are RED....

APWR,GNK,SOL,VXX,QID,SOHU,RIMM,
NTES,CMED,BIDU,MA,V,NDN,PALM,M,
RVBD,TC,EXPE,TSL,CSIQ,GAME,FMCN,
ECA,SNDA,SNE,VAR.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

Michael said...

Saleem,

The market seems trying to find a footing before next move. It may move to new high before retreat? Or Will it have a quick reversal as before?

Best Regards,

Tuan

Stocks100 said...

Hi Tuan,

I have 25% exposure in this market now...

Sold SOL @ 14 cents loss....

RSI is saying that we have little room on the upside..BUT way more on the downside.....

Saleem

madmax said...

Saleem

and all

SOLD 1/2 of my GE

GS is almost where I bought it at $179

I may sell the other 1/2 of GE today as it is up huge for me

APPLE continues to rally on low volume--I guess that rally monkey is jumping

Smile

Stocks100 said...

Hi Madmax,

Booking profit is very prudent @ this stage....

Saleem