Monday, July 12, 2010

Market expecting "good earning reports".....

Today is the start of earning season with AA......

Market TAPE is anticipating "strong earnings overall"....

After initial digestion of four days gains......market seems ready for another green close.....

Oil Down $1.23

Gold Down $9.90

Canadian $ Down 62 tick @ 96.37

Portfolio is BIDU,CSIQ,CREE,EGO,SNDK.....

Majority of stocks are down...

VIX Down 2.76% @ 24.29

@ 12.19 following are green :

SNDK,CREE,LRCX,GOOG,AMZN,VMW,MRVL,
IBN,CCJ,SINA,SNDA,GAME,SNE....

BLOG does NOT give buy or sell.

Saleem

2 comments:

Michael said...

Saleem,

You are right again, "market seems ready for another green close..." My SNDK behaved very well today. I am looking for your market comment tonight. Thanks for your works.

Michael

Stocks100 said...

Hi Michael,

Thanks for your feedback.

YES...SNDK is looking good !!!!

Saleem