Monday, April 16, 2007

Portfolio and Market Update

GS is flying today, up some 3.9% after Citigroup's earnings. Some news out of Google and the stock is trading above $475. I find it interesting to note that their search market share continues to rise and is standing at an ATH.

With a leap in production numbers going forward I don't think 'sell on strength' is the right strategy for Pare.

Commodities in general are showing strength in the light of the weak dollar and the tight inventories. Silver is currently trading above the $14 mark.

I wouldn't chase the market at these levels, but rather be opportunistic in the face of any volatility as the earnings season unfolds.

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