Monday, April 23, 2007

CLOSE update April 23

Markets took a much desired breather after making HIGHS for several days.

Oil went UP sharply due to Nigerian violence .

Gasoline is expected to hit new alltime high this driving season.

Gold took a breather before it resumes its assault on $700+++

After hour TI lit up the market with its better than expected ER...TI beat by 4 cents on earnings & top line was ahead of estimates by $400k.

This should help the markets to resume its uptrend on tuesday.

Most chips stocks are UP in AH.

SIRF,SNDK,STP,YHOO,BRCM,TI,ALTR,NVDA looks very strong going forward.

My portfolio is STP,SNDK,SIRF,UXG,MOL.TO,PDN.TO,RAL.TO.

The above list is not a buy or sell recommendation.

This BLOG is for educational purpose only.

Do your OWN due diligence.

Good luck on YOUR decision to buy or sell.

This BLOG is UPDATED several times during trading hours ....so please visit us on a frequent basis.

Saleem

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