SO..market were given another bad news @ 830 AM....jobless claims were much higher than consensus.....so S&P 500 was taken down to 1076.69.....then ..few sellers...many buyers..
Currently indices are down from .29% to .53%
Gold UP $15.70
Oil Down $1.44
Canadian $ UP 38 tick to 95.89
Portfolio is BIDU,EGO,IAG,LVS.....
Many stocks are UP
@ 1.07 following are Down :
BIDU,SNDK,RIMM,RVBD,LRCX,ASIA,ASIA,WDC,
VMW,M,CNQ,TCK,MRVL,ECA,SNDA,GAME,VLO..
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
I am in the money with IAG. Market performed as you expected: down sharply then up then down then up. I bought some AGU at bottom this morning and it has been up nicely. I used to sell and lost in similar case but your blog had convinced me to buy.
What do you think market will go from here? Thanks.
Michael
Hi Michael,
Market will be exploited by HFT..whenever they can....
Market is forming "higher lows" & "higher highs" as per recent TAPE in S&P....
Market is discounting many issues..BUT expect "wild swings"..which IS a buying opportunity.
I am glad you bought AGU in panic low.....
Saleem
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