Morning All,
thanks for the market wrap HLL. Worth noting on Citi that their losses were mainly contributed to their TARP payments
The quarterly loss would have been a much narrower 6 cents per share if we exclude the $6.2 billion in TARP repayments. The company recently paid back $20 billion that it owed the government. However, the government still owns more than a quarter of the bank's equity. Another positive data point in the report was the decline in the company's loan-loss provisions, both sequentially as well as year over year.
Very nice night on the DJIA, with losses from Friday wiped out in the trading session..
Last night when doing scans, to be completely honest there were bugger all charts showing indicators which got me excited... I think after todays trading session, we are going to see this change, with many people now expecting a few more up days IMHO...
Here are the charts I could find.. with a few repeats in there as they still are good and worth watching.
VIRGIN BLUE (VBA)
LEGACY IRON ORE (LCY)
AURA ENERGY (AEE)
MERMAID MARINE (MRM)
FLIGHT CENTRE (FLT)
COMPUTERSHARE LTD (CPU)
NEWERA URANIUM (NRU)
Also some charts from yesterday which I didnt get a chance to post.. Obviously it doesnt include yesterdays candle.
ORD RIVER RESORUCES (ORD) - (looks much better with the last candle closing at 6.7c!
SUNCORP (SUN)
Good luck today all, and let me know if anyone doesnt want all the charts posted here if its cluttering up the thread.
Cheers
Kevi
