Wednesday, May 12, 2010

Dow briefly went above 50 DMA...NICE !!!!

All Indices are staring @ 50 DMA..Dow went briefly above 50 DMA.....all this technical improvement bodes well for markets....

Gold UP $18.30 into another record..but gold stocks are pulling back..sign of bullion to correct ???

Oil Down $1.16

Canadian $ UP 23 tick to 98.07

In my portfolio :

Bought JDSU @ $12.21

Portfolio is BRCD,CRUS,CIEN,JDSU,RFMD,TER.....

Most stocks are UP...

@ 12.13 following are red :

MS,IAG,TCK,GOOG,QID,VXX,FUQI,GAME,
SPWRA,LDK,SNE....

BLOG does NOT give buy or sell.

Saleem

3 comments:

c said...

Saleem

I like AGU here

thoughts

Tankers are holding up

Best to all

psrajpal said...

Wanted to share the news that came up on the agricultural stocks.

http://www.tickerspy.com/newswire/?p=2145

Hope this helps.

Paramjeet

Stocks100 said...

Hi C,

I am very much into Tech..as it looks very strong.....

AG is 2011 story.....imho

Tankers like GNK is good.....

Good luck in your decision.

Saleem