So much bullish news tonight

Discussion in 'Trading' started by silk, May 18, 2010.

  1. silk

    silk

    Good news for banks.

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aE5QO8GdoDn8&pos=9

    CLF says business is great.

    CLF Company sees its operating most of its iron ore and metallurgical coal mines operation at capacity amid strong demand for raw materials - WSJ
    - CEO: "We have moved from cautiously optimistic to pretty optimistic."

    Good news on mining tax

    AU) Australia's Treasurer Swan: To hold talks with BHP regarding impact of new mining tax proposal (related BHP RTP IYM EWA )

    Good news on mortgage defaults. Watch MTG RDN PMI tomorrow.

    http://finance.yahoo.com/news/MGIC-Releases-Monthly-prnews-493963151.html?x=0&.v=1

    Good news HPQ.

    http://www.reuters.com/article/idCNN1816413220100519?rpc=44

    The PPT will be buying the Euro by 9:30 ET tomorrow. Count on it.
     
  2. silk

    silk

    The European PPT seems no match for ours. Unless they have something up their sleeves for tomorrow.