Tuesday, July 10, 2007

Markets coming back FAST......

Markets are fighting back the negativity created by HD & SHLD warnings.

SHLD warning is the most disturbing...they cut their guidance by HALF...not a good thing...as it may be a reflection of consumers WATCHING their $$$ more carefully......

SNDK is flying AGAIN today as it is heading into HIGHER trading channel.....Flash pricing is firming UP.......iphones,ipods,digital cameras are using more & more FLASH memory....which is SNDK forte & license it to many other manufacturers.Last year they bought FLSH...so they are bigger & stronger in this new UP NAND cycle.

I completed my accumulation of YHOO today by buying my final Qty this AM....it was nice to accumulate YHOO @ lower levels.....YHOO should make a move UP as it has discounted all the bad news and has improving Q ahead .

BIDU is flying again.....UP $8

AAPL is strong...UP $3

GOOG is UP....

VLO is UP

GRMN is UP

FSLR & TSL are giving back some of their HUGE gains.......

STP wants to go HIGHER even today..........

RIMM is in profit taking mode still......

AKAM is up $2+

Expect markets to turn GREEN..after Bernanke speech is out of the way and "deep analysis is completed"

Good luck on your trades......good day to buy some strong stocks !!!!

next post @ 7PM est.

BLOG does not give buy or sell.

Saleem

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