Indices are giving a "thumbs UP" to imminent deal on Fiscal Cliff.
S&P 500 @ 1431.54..so much for 1420 resistance????
Internals are positive by minimum 2 to 1
Oil UP 6 cents
Gold Down $5.60
Canadian $ UP 6 tick @ 101.34
VIX Down 2.68% @ 15.62
Portfolio is LEN,LULU,KORS,JCP,AUY
Most stocks are UP
@ 11.21 following are red :
LEN,AUY,HMC,M,NFLX,AEM,GG,FCX,
COH,CIEN,MCD,EGO,QIHU,ECA,
MLNX,IBN.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem
What do you think of AIG? Government sold all it's shares and now company finally free.
Hi Up,
Just got back from chores...was out after my post.
I have to do some research on AIG to give my take.
Saleem
Saleem
Thanks for checking! I already got some shares and I read something like they are only worth half of their book value compare to other with the same business. If that is truth they should price at $70 a share. Even if street does not think so, I think it would hit $50 easy.
Hi Up,
Good luck with AIG...
Saleem
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