Market outlook

Let's cut right to the chase, I celebrated huge day via the huge gains in EXM and GNK, my top holdings. For weeks I have been adding these, as sells read to deep into the downturn of the Baltic Dry Index. I believe EXM and GNK both have way more upside and are not that expensive at these levels. Then again 6 bux and 18 bux were the buy zones.

As for the market, we should rip higher if the futures are any indication of the day. Intel crushed earnings after the bell, sending green shoots. I saw a big selloff in dell yesterday and if I was at the office, I would have bought the dip. Dell will be fine in my view and in time will print 15 bucks.

As for holdings, I will look to cut HIG soon, as well as other stuff like a CIEN and CAL. I own WFC but it worries me as the bank might have another equity offering soon.

Will post activity throughout day, in short if I had to buy something it would be dell or symc but I will refrain as I believe we will approach 920 on s&p and drift back down.