Monday, July 9, 2007

Markets closed GREEN $$$$

Markets were in a slight positive mode.....New 52 wk highs were the big story today...

In NYSE there were 325 NEW 52 week high & on NASDAQ there were 208 NEW 52 week high...so if you were holding any of those......congratulations......if NOT.....consider changing some of your stocks.......

This market will REWARD strong stocks in a big way.....which has been the case ...so far $$$$

Today there was a WILD solar party...thanks to FSLR.......HOKU,TSL & STP came along for the RIDE $$$

SNDK benefitted from Citigroup analyst note saying that most analyst are too bearish and looking in "rear view mirror...not AHEAD"

SNDK lofted to new trading HIGH since Nov 06.....

STP went to NEW trading HIGH since April 06......

SNDA went to new trading 52 wk HIGH.......

YHOO closed @ $27.20 green 10 cents inspite of downgrade......

FDRY & RIMM yawned today & rested near their HIGHS !!!!

AKAM is UP $2+AH...it is being added to S&P 500 effective wed close.......

CME & BOT marriage made in heaven today..........

ICE & NMX.....left to be chosen by NYX.......which one.....we do not know yet .....

Canada will be RAISING interest rate Tommorrow...announcement @ 9AM.....

Housing analysis is getting TOO pessimistic.......bottom must be @ hand.....Stocks discounts"current negatives...AHEAD of actual news"......I am monitoring TOL very closely......my fav in that sector.

In hotel private equity game ...I am monitoring WYN....my fav in that sector.....

Good luck on your STRATEGY $$$$$

Next post @ 11 AM est

BLOG does not give BUY or SELL.

Saleem

No comments: