There was a wave of margin selling .....which is putting further pressure in indices........again Dow is the more resilient..Nasdaq is lagging again....
Gold UP $3.60
Oil down $1.44
Canadian $ UP 1.04 cent to 96.02 cents US for 1 CAD..Canadian economy created 108,700 jobs vs expectations of 25,000 jobs..this is the highest job creation since Statistics Canada started tracking in 1976....
Job report in US was also better than consensus 290K vs expectations of around 200k......
In my portfolio :
Sold TSL
Portfolio is CIEN,CRUS,RFMD,TER.....
@ 12.25 following are green :
SOL,WDC,MRVL,POT,TCK,MS,GS,CSIQ,
IBN,TC,QID,VXX,PMCS,X,AGU,SOLF,GNK,
RCI,FMCN,LULU,FSLR,LDK.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem,
Sold my QID and went long TPX and TSTC. Everyone have a good weekend.
Hi Victor,
It is alway's nice when trade works out... QID..Good timing...
Good luck with TPX & TSTC.
Saleem
SAleem
Was looking at BP for an entry point again
Aslo looking at out techs to see which is the best buy here
Pease to all What a day
Hi C,
Many stocks are beaten down with excellent ER...they are all screaming buys.....
Hedgies are done with pinning this market down.....
Saleem
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