Nasdaq is leading the pack by jumping above 200 DMA...first indices to do today...others still below 200 DMA.....
China ,Kuwait declared "no intention of backing out of Euro debt"...thus giving boost to Euro which is UP 2.04 to 1.2365 giving boost to stock markets worldwide.....
Gold UP 90 cents
Oil UP 2.73
Canadian $ UP 1.46 cents to 95.00
In my portfolio :
Sold EGO
Sold LVS
Bought NVDA @ $13.07
Bought CRUS @ $14.30
Bought TCK @ $34.69
Portfolio is CIEN,CRUS,JDSU,NVDA,TCK.....
Most stocks are UP
VIX down 13.59% to 30.26
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem,
I believe bottom is in!!! I bought TCK as well. It is on the way up. Thanks.
Michael
Hi Michael,
Message of the market is strong...
TCK is highly leveraged to the price of Copper,Coal & Zinc...nice mix.....
Good luck in your portfolio $$$$
Saleem
Saleem,
My porfolio outperformed the market. It is up 8.5% versus 3%. I will keep them on the way up. Thanks for your guidance and have a nice holidays.
Michael
Hi Michael,
It is not difficult to beat market..if you have strong stocks.
Your outperformance is almost 3 to 1.....
Saleem
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