S&P has downgraded Spain by 1 notch to AA...Portugal yesterday was downgraded 2 notch & Greece to Junk.......all this is curbing enthusiasm for rally......
Stocks are mixed with S&P 500 & Dow showing leadership while Nasdaq being weak.....
@ 2.15 PM ..Fed will release its policy statement..which will give comfort to the market
Gold UP $11.40 to $1173.10..new 2010 high
Oil Down 4 cents
Canadian $ UP 18 tick to 98.61
Portfolio is CIEN,RFMD,RIMM,TER.....
@ 12.19 following are green :
CIEN,RFMD,CRUS,EGO,TSL,ISRG,GS,BIDU,
GG,CSIQ,ABX,X,POT,AGU,AUY,SLW,GNK,IAG,
MS,KGC,ICE,AEM,VAR,IBN......
BLOG does NOT give buy or sell.
Saleem
5 comments:
GNK is showing a lot of strenght today. Up by 5%.
GNK is near top end of the trading range.....either it breakout in volume or drifts lower.....
Saleem
Hi All,
Options traders today are buying bullish calls for more upside.
Go GNK! Maybe a dividend coming?
Best Regards
Hi All,
BDI breakout to the upside.
Oppenheimer analyst Scott Burk said the very large crude carrier day rate was about $59,000 Friday, up from about $20,000 to $30,000 a few weeks ago. 100% increase!
Best Regards
Hi Standards,
Thanks for BDI update & option trading in GNK.....
Saleem
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