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Monday, December 10, 2007

This Just In...

file cramer.gif
"If we got a half-point cut from the Fed on Tuesday, I think you could see as much as a thousand-point rally on the Dow between here and year-end." - Jim Cramer

Now you know why the market is doing so well today! :)

At the moment, almost 70% of my stock screen machine stocks are higher with with strong performances being put in by Sifco Industries (SIF), L.B. Foster (FSTR), Vimpel (VIP), Mindray Medical (MR), Mosaic (MOS), Mcdermott (MDR), Excel Maritime (EXM), Blackrock (BLK), and US Steel (X). There's really just one notable loser and that is Smith & Wesson (SWHC) as people run away from that stock.

Looking over the ETF leaders, we have SPDR S&P Homebuilders ETF (XHB), ProShares Ultra Financials ETF (UYG), and Market Vectors Global Alternative Energy ETF (GEX) under accumulation. Interesting to see emerging markets not really in sync or leading today's trade which is different than what we've seen previously.

Posted by Kirk at 12:48 PM in Analysis | Bookmark | Feeds | Link |


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