So much bullish news tonight

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

  1. silk


    Good news for banks.

    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.

    Good news HPQ.

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


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