Indices are lower in anticipation of a firm statement from Ben Bernanke to help US economy from negative growth.I am sure Fed chief will come through as usual......that is the reason that markets are holding up pretty good after 3 days of UP move.
Internals are almost 3 to 1 negative
More 52 wk lows
Gold UP $5.80 @ $1759.90..it went down to $1705 in futures market this AM.
Oil UP 73 cents
Canadian $ UP 14 tick @ 101.38
VIX UP 8.05% @ 38.79
In my portfolio :
Bought AAPL in pre-market @ $362
Bought AMZN @ $194.44
Bought BIDU @ $133.90
Portfolio is AUY,AAPL,BIDU, AMZN
@ 125% of my normal exposure
Most stocks are down
@ 1.44 following are green :
AUY,BIDU,NFLX,GG,PHYS,VXX,PCLN,
MOS,SINA,SOHU,NTES,AG,ABX,AEM,
BAC,C....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
CAT seems prime here--add the hurricane rebuild to the list of buy reasons. I can't do anything myself, but an interesting idea...
Stocktrader
Hi Stocktrader,
Sorry for late reply..had to step out...
AAPL TAPE is amazing...best buy for today for me....
CAT is on my top 20 list.....
Thanks for your comment on CAT...
Saleem
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