Dow & Nasdaq are green ignoring many overnight news of China Manufacturing slowing to 53.9 in May vs 55.7 in April....due to European economy slowing down......
On Monday Canadian GDP grew by a stunning 6.1% prompting a rate increase of .25 basis by Canadian Central Bank today....
Also on Monday Indian GDP grew by 8.6%......
SO..we have a mixed picture of economic growth with Europe slowing & a further European banking loss of $239 billion as per ECB......BUT Canada & India growing above trend.....
Gold UP $12.30
Oil Down 72 cents
Canadian $ Down 29 tick to 95.46..as CAD was UP yesterday in anticipation of today's Central Bank hike in interest rate
In my portfolio :
Sold JDSU
Bought SNDK @ $ 46.00
Portfolio is CRUS,LVS,NVDA,SNDK,TCK.......
Most stocks are Down...
@ 12.45 following are green :
AAPL,BIDU,BAC,EGO,ISRG,GOOG,MA,V,
M,AUY,GG,SLW,MRVL,CREE,RCI,ECA,
SNDA,CTRN,AEM,ABX,VAR....
BLOG does NOT give buy or sell.
Saleem
2 comments:
SALEEM
Nice holiday Blog
APPLE is selling over 2 million iPad--wow
A good buy what with all the upgrades We may see $300 soon!
Good luck all
Hi Madmax,
Thanks for your feedback.
AAPL looking very good.....good for you $$$$
Saleem
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