Chinese Inflation fear is causing Indices to trade slightly lower......this IS an indication of the strength of this uptrend...this should have caused triple digit loss easily...BUT we are down .19% max ..so far.....
Gold Down $2.50
Oil Down 26 cents
Canadian $ @ 97.35 unchanged level , as our housing activity exceeding consensus estimate AGAIN.....
In my portfolio :
SOLD PALM...booked loss
Bought MU @ $9.69
Portfolio is APWR,IAG,MU,SLW......
@ 12.50 following are green :
APWR,SLW,IAG,PWRD,RIMM,CSIQ,TSL,
CREE,GOOG,BIDU,V,AMZN,GG,SNDA,
CTRN,AEM,ABX,FSLR,GS,IBN......
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
ZZZZZZZZZZZZZZZZZZZZZZZZZZzzzzzzzz!
a SNOOZE FEST, But strength showing.
Chinese inflation???? What a non-story. ZZZZZZZZZZZZZZZZ
Who dug that one up?
Best Regards All.
Hi Standards,
When Chinese CPI came hotter than expected last night...there is FEAR that China will increase interest rates to control inflation ..which will curtail growth & demand worldwide.......
Saleem
Standards
WOW so funny!
China hiccups the world listens
Best to all
Hi All,
Baltic Dry Index (BDI) +86 3316
BDI up again, positive trend here
Best Regards
POT will be back in limelight with the revision in the EPS estimates.
Sector rotation likely in the fertilizer sector.
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