Thursday, 29 March 2012

Dissapointing Durable Goods Report Drag down Dow Jones


I have mentioned last week that there are 2 Enterprise Reports to watch out for this week. One of them is this Friday Chicago PMI, the other is today's Durable goods Report.

Today Durable Goods Report is a dissapointing 2.2% compared to forecast of 2.9%. That is one major reason why Dow is down by 80 points by noon.

But the main one this week is still Friday's Chicago PMI. 

Today I am looking at opportunities, but did not enter. Almost all stocks are dragged down by the report. But Google broke through of $650 to reach $658. It has potential to run, but because of the major market, it is down a bit by midday. Potential to run when market turns better.

Amazon takes a turn to test $200 support. See whether it lifts off this support! Great entry also if it does.

Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...