ECB lit a fire on world markets by cutting rate by .25% & promising more in conference call.
Indices UP .85% to 1.36%
S&P 500 @ 1598.02, high today so far 1598.58
Internals are positive by almost 3 to 1
Oil UP $2.14
Gold UP $21.40
Canadian $ UP 5 tick @ 99.22
VIX Down 5.52% @ 13.69
Portfolio EBAY HMC JCP BBRY AUY
Most stocks are UP
@ 2.00 PM following are red :
KOG COH POT TZA CLF GG CIEN
FSLR CCJ AGU ECA.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
I just finished with the WPRT conference call (it was the longest I've been on in a while). They seem to be hitting an inflection point in many/all of their business lines/joint ventures right now. Different from last quarter, I can see the profitability paths in many of those areas. Given that, I have no inclination to sell like before. I don't know whether the stock will respond tomorrow or if it will be driven by future news, but I have a comfort level with just holding.
Stocktrader
Hi Stocktrader,
Thanks for your analysis of WPRT ER & cc.
It is an emerging technology...when its all happening then the price will be much higher.
Good luck with WPRT.
Saleem
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