Monday, December 6, 2010

Only Nasdaq closed Green......

Indices were all green,but in last fifteen minutes Dow & S&P 500 closed red by .17% & .13%....

Nasdaq managed to stay green by .13%.......

Internals were positive overall.

Stocks which were UP 2% or more included SOL,RVBD,NFLX,IAG,
SLW,SOHU,TCK,JASO,STP,SOLF,LDK,FUQI,LSCC,EBIX,KGC.....

Interesting predictions from GS as listed below :

S&P 500 to 1450 next 12 months

Gold to $1690 end of 2011

Oil to $105 in 2011

Short US$

Long Chinese Yuan

US GDP to 4% growth by 2012

AH Futures Green

AH Asian markets Down

AH Oil Down

AH Gold & Silver UP

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Good morning Saleem.

    Kind of a funky market this morning. Half of my positions are red.

    Victor

    ReplyDelete
  2. Hi Victor,

    Similar ratio here.....

    BUT..there is hope of strength by close.

    Saleem

    ReplyDelete
  3. SALEEM

    Hey sir
    great day --we are up at least

    AUY is down some---Hmmm guess we got out OK

    I got some LINE divi and oil and gas are gouing to blast up real soon - play gasoline to $4 a gallon so says GS.

    still hoding BIDU, M, APPLE, Ford

    Best to all here!!!11

    ReplyDelete
  4. Hi C,

    Gold is resting..which is a normal & healthy pattern...no need to chase anything..as other stocks may be CHEAPER.....

    Good luck with your portfolio.

    Saleem

    ReplyDelete