Markets read in between the lines in fed statement.....and went higher $$$$
Nasdaq went into a new recent highest close in many years $$$$
Momentum stocks are flying $$$$
It is not too late to focus in strong momentum stocks...they are going much much higher.....
Dump all the bargain stocks and speculative juniors...they are not working for anybody...and it is costing you big time in lost opportunity $$$$
QID & Put buyers...you are not reading this BULL market right @ all.....go back to trading 101...
Start all over again or for the first time in strong quality stocks......I hope this message is NOT LOST again $$$$
In my portfolio :
AAPL went to new all-time high UP $2.95.....going much much higher $$$
VMW went to new all-time high UP $4.48 on heavy volume.....it is just getting warmed UP $$$
AMZN found support and with Jimmy the Cramer vicious bashing for a week...the bottom is confirmed..was UP 91 cents...closed above 50 dma.....take that ding dong man "he knows nothing ....he knows nothing$$$
RVBD came back strong UP $1.54 on heavy volume $$$
MR was UP 95 cents ahead of ER AH on thursday..expecting a beat & higher than consensus guidance $$$
RIMM was UP $3.31...only $3.85 away from all-time high...expecting that record to go away on heavy volume pronto $$$
GOOG is $707
BIDU is $382
SOHU is $59.91
ICE is $177.99
CTRP is $56.50
MA is $189.91
GRMN took a hit down $13 on takeover....
DRYS was riding high tide UP $10
We should have a strong follow thru on thursday...as world markets will be UP on fed cut....
BLOG does not give buy or sell.
Saleem
Wednesday, October 31, 2007
Fed 1/4% rate & discount cut..right on the money $$$
Fed rate cut of 1/4 % in both fed funds & discount rate is right on the money....
Fed real message is that economy is chugging along nicely......
Fed is not panicking into deeper cuts as expected by "nervous nellies"
Market will like the confidence which fed is displaying...so we head higher $$$$
Technology will be the biggest beneficiary of an improving economy.....
Nasdaq is taking off as I write.....Up26+
Good luck in the final hour $$$$
Saleem
Fed real message is that economy is chugging along nicely......
Fed is not panicking into deeper cuts as expected by "nervous nellies"
Market will like the confidence which fed is displaying...so we head higher $$$$
Technology will be the biggest beneficiary of an improving economy.....
Nasdaq is taking off as I write.....Up26+
Good luck in the final hour $$$$
Saleem
Markets betting on "treat not tricks from fed"
Market is celeberating halloween expecting a treat from fed.....
Market is behaving very confident that "Fed will do the right thing as christmas is approaching"
Fed wants to "boost investors & consumers confidence by propping UP the markets by managing interest rates"
In my portfolio the following is happening:
VMW is again the "superstar in my show" UP $4.28 to a new all-time high.....Virtualization business is booming worldwide...US marines gave a huge contract to VMW where they were able to condense 300 data centres in only 30 worldwide......this is known as optimization/utilization of existing resources instead of buying more & more and spending more & more on hardware,personnel,rent & electricity......none of them is cheap......
RVBD & AMZN are trying to stabilize around these levels.....they are just about done today finding support ...and should be moving higher if fed news is good......
RIMM is UP 57 cents ...Canaccord Capital increase target on RIMM to $160......
AAPL is the "second superstar in my show " UP $1.64 only 73 cents away from yesterday's all-time high......
MR which reports AH thursday UP 96 cents...expecting beat and good guidance......
@ 11.50 AM the following stocks are green on my WL :
GOOG (new high),BIDU,SOHU (new high),FMCN,TSL,
DELL (new high came clean on accounting & restored buyback) ,
SIRF (blowout ER),ICE,CTRP(kissing new high),VLO,TSO,
FSLR,MA(blowout ER),NCTY,STP,ASTI,CSCO,JASO,DRYS.
Good luck until fed decision.....
I will give my view of fed decision around 3 pm in my BLOG.
BLOG does not give buy or sell.
Saleem
Market is behaving very confident that "Fed will do the right thing as christmas is approaching"
Fed wants to "boost investors & consumers confidence by propping UP the markets by managing interest rates"
In my portfolio the following is happening:
VMW is again the "superstar in my show" UP $4.28 to a new all-time high.....Virtualization business is booming worldwide...US marines gave a huge contract to VMW where they were able to condense 300 data centres in only 30 worldwide......this is known as optimization/utilization of existing resources instead of buying more & more and spending more & more on hardware,personnel,rent & electricity......none of them is cheap......
RVBD & AMZN are trying to stabilize around these levels.....they are just about done today finding support ...and should be moving higher if fed news is good......
RIMM is UP 57 cents ...Canaccord Capital increase target on RIMM to $160......
AAPL is the "second superstar in my show " UP $1.64 only 73 cents away from yesterday's all-time high......
MR which reports AH thursday UP 96 cents...expecting beat and good guidance......
@ 11.50 AM the following stocks are green on my WL :
GOOG (new high),BIDU,SOHU (new high),FMCN,TSL,
DELL (new high came clean on accounting & restored buyback) ,
SIRF (blowout ER),ICE,CTRP(kissing new high),VLO,TSO,
FSLR,MA(blowout ER),NCTY,STP,ASTI,CSCO,JASO,DRYS.
Good luck until fed decision.....
I will give my view of fed decision around 3 pm in my BLOG.
BLOG does not give buy or sell.
Saleem
Tuesday, October 30, 2007
Nasdaq closed almost unchanged......
Markets went into wait mode for the fed upcoming decision whole day except Nasdaq which went into green decisively until closing 15 minutes......
Nasdaq as usual showed the most strength.......
Market internals were decidedly negative in NYSE & Nasdaq......
AMZN was the subject of negative article from Motley Fools who called it the "scariest stock"...this kind of negative take will only accelerate the turnaround as shorts love to "jump on a short opportunity in a hurry"
If AMZN finds its footing near 50 DMA which is $88.10...where it is holding "firm in AH"...
Once AMZN moves UP above 50dma expect a "huge short covering rally"
www.stockconsultant.com is rating AMZN @ 90 out of 100 for a positive trade for tommorrow...their immediate target is $97.24......
Shaeffer's Research is also positive on AMZN and they are seeing MF article as an opportunity to get a major short squeeze going.... as AMZN moves UP after finding support....
The above two organization are purely technical oriented......
My take is AMZN will find support around 50dma and move UP sharply after testing the support.......
My portfolio is the same as AM which is :
AMZN,AAPL,MR,RVBD,VMW,RIMM......
Today my portfolio was down only slightly above half % exactly .6%....thanks to my strategic sale of SINA in pre-market & booking decent profit.......
I cannot overemphasize the need to stay diversified in strong stocks.....& taking profit very quickly......dreamers get killed more often than they care to remember......
I am expecting tech big guns to continue their march UP after the fed policy statement.....
Bargain stocks and laggards will remain so.......more so now because speculators are getting worried about the market strength...so they will sell the dogs now...to meet margin calls or to stay out of the market......after losing a good portion of their equity.....
AH SIRF is flying on good ER.....
AH DRYS dry ship is more dry now down $20....
AH WYNN is getting killed on so so ER down $14 and LVS down $10 in sympathy....
Most investors/traders have not realized that October was a pretty good month..where Nasdaq went into highest close since heyday of 2000.....so much for Oct phobia......
Just before 1 pm and till 3 pm markets will show their magic of UP 100 and then down 100 every 10 minutes...means "nothing for thursday tape".....treat this as "great entertainment as staged every fed decision day"
Good luck for yo yo fed day......
BLOG does not give buy or sell.
Saleem
Nasdaq as usual showed the most strength.......
Market internals were decidedly negative in NYSE & Nasdaq......
AMZN was the subject of negative article from Motley Fools who called it the "scariest stock"...this kind of negative take will only accelerate the turnaround as shorts love to "jump on a short opportunity in a hurry"
If AMZN finds its footing near 50 DMA which is $88.10...where it is holding "firm in AH"...
Once AMZN moves UP above 50dma expect a "huge short covering rally"
www.stockconsultant.com is rating AMZN @ 90 out of 100 for a positive trade for tommorrow...their immediate target is $97.24......
Shaeffer's Research is also positive on AMZN and they are seeing MF article as an opportunity to get a major short squeeze going.... as AMZN moves UP after finding support....
The above two organization are purely technical oriented......
My take is AMZN will find support around 50dma and move UP sharply after testing the support.......
My portfolio is the same as AM which is :
AMZN,AAPL,MR,RVBD,VMW,RIMM......
Today my portfolio was down only slightly above half % exactly .6%....thanks to my strategic sale of SINA in pre-market & booking decent profit.......
I cannot overemphasize the need to stay diversified in strong stocks.....& taking profit very quickly......dreamers get killed more often than they care to remember......
I am expecting tech big guns to continue their march UP after the fed policy statement.....
Bargain stocks and laggards will remain so.......more so now because speculators are getting worried about the market strength...so they will sell the dogs now...to meet margin calls or to stay out of the market......after losing a good portion of their equity.....
AH SIRF is flying on good ER.....
AH DRYS dry ship is more dry now down $20....
AH WYNN is getting killed on so so ER down $14 and LVS down $10 in sympathy....
Most investors/traders have not realized that October was a pretty good month..where Nasdaq went into highest close since heyday of 2000.....so much for Oct phobia......
Just before 1 pm and till 3 pm markets will show their magic of UP 100 and then down 100 every 10 minutes...means "nothing for thursday tape".....treat this as "great entertainment as staged every fed decision day"
Good luck for yo yo fed day......
BLOG does not give buy or sell.
Saleem
Nasdaq fighting back towards green $$$$
Markets are in typical bull mode.....
Markets down quickly and trying to recover....
Nasdaq is giving a clear signal...that it is strong & wants to go higher $$$
Nasdaq has proven to most believers that it is the-place to be......
I expect a strong close and follow thru in AM.....then fed decision jitters will take over....
Fed may do the following :
.25 basis cut in fed funds rate....
.50 basis cut in discount rate....
If this happens.....we are of to the races ..better than $2 bet on a long shot in Kentucky Derby $$$$$
Today I sold all SINA in pre-market to book a gain of $4.60 per share......
I tripled my position in RVBD...but it tanked after my purchase....what else is new.....my cost now $33.84
I also bought MR as earnings play.....they report on thursday before open......my cost $39.71...
In my portfolio :
VMW down 89 cents...it went to new all-time high this AM...looks very good $$$
RVBD is down $1.20....recovered most of its loss..was down $2.53 @ low of the day...on heavy volume...either a retest of low to make double bottom or capitulation by big money...tommorrow is end of the October month ????
AMZN down 41 cents....
RIMM down 35 cents...
MR down 45 cents...
AAPL is "Superstar in my show " UP $2.39 on hevy volume as it sold 2 million copy of its new operating system Leopard in 3 day's.....only $1.12 away from its all-time high......
@11.20 the following are "green on my WL"
SINA(new high),SOHU ( new high on great ER & Guidance),CMED (new high),
TSL,SNDK,ISRG,ICE,GOOG (new high),BIDU (new high),WYN,NVDA,NYX.
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Markets down quickly and trying to recover....
Nasdaq is giving a clear signal...that it is strong & wants to go higher $$$
Nasdaq has proven to most believers that it is the-place to be......
I expect a strong close and follow thru in AM.....then fed decision jitters will take over....
Fed may do the following :
.25 basis cut in fed funds rate....
.50 basis cut in discount rate....
If this happens.....we are of to the races ..better than $2 bet on a long shot in Kentucky Derby $$$$$
Today I sold all SINA in pre-market to book a gain of $4.60 per share......
I tripled my position in RVBD...but it tanked after my purchase....what else is new.....my cost now $33.84
I also bought MR as earnings play.....they report on thursday before open......my cost $39.71...
In my portfolio :
VMW down 89 cents...it went to new all-time high this AM...looks very good $$$
RVBD is down $1.20....recovered most of its loss..was down $2.53 @ low of the day...on heavy volume...either a retest of low to make double bottom or capitulation by big money...tommorrow is end of the October month ????
AMZN down 41 cents....
RIMM down 35 cents...
MR down 45 cents...
AAPL is "Superstar in my show " UP $2.39 on hevy volume as it sold 2 million copy of its new operating system Leopard in 3 day's.....only $1.12 away from its all-time high......
@11.20 the following are "green on my WL"
SINA(new high),SOHU ( new high on great ER & Guidance),CMED (new high),
TSL,SNDK,ISRG,ICE,GOOG (new high),BIDU (new high),WYN,NVDA,NYX.
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Monday, October 29, 2007
Markets closed green $$$
Market internals are much healthier than before...
Advancing volume had substantial lead in NYSE & Nasdaq....
New 52 wk high were leading by big margin on both NYSE & Nasdaq...
I sold all FMCN & booked $3.76 gain per share.....I will be booking gain when prudent and will buy strong stocks which have pulled back.....another way of managing risk/reward ratio.
I bought AMZN as it has pulled back $10 from its recent high.....because Jimmy the Cramer has sold it for his class...so it is naturally a buy...AMZN is in its strongest Q.....because of runup in Gasoline most consumers are comfortable in going online & buying things from places like AMZN....saves gas & money...so they will be able to spend more....My cost on AMZN $90.74...
In my portfolio VMW was "the superstar to be in my show" UP a whopping $8.69 to an all-time high...on very heavy volume.....$135 is the target by most analyst.....
RIMM is getting closer to its all-time high UP $2.25......
My other stocks SINA,AAPL were small green in reg hr......
AH.....SINA jumped to a new all-time high UP a further $2.30..... on better than expected ER from SOHU.....as predicted in my BLOG $$$$$
SOHU is flying AH UP a total of $8++ on a beat & guiding higher $$$$
I had another extremely productive day UP 3.2% $$$$$
I highly recommend booking profit as markets are moving higher and buying strong stocks which have corrected slightly...also wed is fed rate cut day...there MAY be "sell on the news"
You can alway's buy the same stocks "again" if markets are trending higher on fed cut !!!!
Be wise.... and keep booking profit...stocks buying & selling should be "unemotional"...I am very high on many many stocks based on my FA/TA & intuition 101...but do not hesitate to sell ...to book a gain....
Good luck on tuesday as it is positioning to be another UP day $$$$
GOLD UP in record territory....
OIL UP in record territory...
Nasdaq UP and in new high....since 2000....
Serious money is being made...IF you are on the right side of trade...& in strong stocks in a diversified manner......
My portfolio is :
AAPL,AMZN,RVBD,SINA,VMW & RIMM.......
BLOG does not give buy or sell.
Saleem
Advancing volume had substantial lead in NYSE & Nasdaq....
New 52 wk high were leading by big margin on both NYSE & Nasdaq...
I sold all FMCN & booked $3.76 gain per share.....I will be booking gain when prudent and will buy strong stocks which have pulled back.....another way of managing risk/reward ratio.
I bought AMZN as it has pulled back $10 from its recent high.....because Jimmy the Cramer has sold it for his class...so it is naturally a buy...AMZN is in its strongest Q.....because of runup in Gasoline most consumers are comfortable in going online & buying things from places like AMZN....saves gas & money...so they will be able to spend more....My cost on AMZN $90.74...
In my portfolio VMW was "the superstar to be in my show" UP a whopping $8.69 to an all-time high...on very heavy volume.....$135 is the target by most analyst.....
RIMM is getting closer to its all-time high UP $2.25......
My other stocks SINA,AAPL were small green in reg hr......
AH.....SINA jumped to a new all-time high UP a further $2.30..... on better than expected ER from SOHU.....as predicted in my BLOG $$$$$
SOHU is flying AH UP a total of $8++ on a beat & guiding higher $$$$
I had another extremely productive day UP 3.2% $$$$$
I highly recommend booking profit as markets are moving higher and buying strong stocks which have corrected slightly...also wed is fed rate cut day...there MAY be "sell on the news"
You can alway's buy the same stocks "again" if markets are trending higher on fed cut !!!!
Be wise.... and keep booking profit...stocks buying & selling should be "unemotional"...I am very high on many many stocks based on my FA/TA & intuition 101...but do not hesitate to sell ...to book a gain....
Good luck on tuesday as it is positioning to be another UP day $$$$
GOLD UP in record territory....
OIL UP in record territory...
Nasdaq UP and in new high....since 2000....
Serious money is being made...IF you are on the right side of trade...& in strong stocks in a diversified manner......
My portfolio is :
AAPL,AMZN,RVBD,SINA,VMW & RIMM.......
BLOG does not give buy or sell.
Saleem
Market staying "green" so far......
Markets are in a basing mode.....
Markets are waiting for fed rate cut news.....
Lot of negativity is built into this market.....which is "great for contrary action"
Hong Kong is on fire for good reason.......11+% ongoing growth in China is fueling the outperformance.....
Until 08 olympics...this frenzied growth will continue.....
Most Chinese frontline stocks were lagging the runup in FXI/BIDU......they are in the process of catching UP....
In my portfolio :
VMW is on fire & smoking UP $6.33 to new all-time high on heavy volume......
SINA is Up 31 cents .... new high....most undervalued portal.....on a valuation basis.....
FMCN is also on fire & smoking UP $3.92 on heavy volume....only $1.02 from all-time high...
RIMM UP $1.58.....only $6.97 away from alltime high....
AAPL UP $1.03 only $2.87 cents away from alltime high....
Today I added RVBD ....my cost $33.96 UP 89 cents ....so far...most undervalued high growth networking leader.....oversold big time on in-line ER.....
@ 11.23 AM the following stocks on my WL are green :
CMED (alltime high on IBD coverage),MR,TSL,DELL (new high),
SNDK,ICE,BIDU (new high),WYNN (new high),CTRP (new high),
GOOG (new high),LVS (new high),GRMN,FSLR (new high),WFR (new high),
STP (new high),AKAM,MPEL,NTES (breakout),JASO,SWIR,NVTL.
As you acn see many many stocks are breaking out to new all-time highs...which is a sign of great underlying strength of the market.....be prepared for sharp pullbacks when overbought levels are reached......so taking profit as you go MAY not be a bad idea.....
Good luck on rest of this exciting day.....$$$$$$
BLOG does not give buy or sell.
Saleem
Markets are waiting for fed rate cut news.....
Lot of negativity is built into this market.....which is "great for contrary action"
Hong Kong is on fire for good reason.......11+% ongoing growth in China is fueling the outperformance.....
Until 08 olympics...this frenzied growth will continue.....
Most Chinese frontline stocks were lagging the runup in FXI/BIDU......they are in the process of catching UP....
In my portfolio :
VMW is on fire & smoking UP $6.33 to new all-time high on heavy volume......
SINA is Up 31 cents .... new high....most undervalued portal.....on a valuation basis.....
FMCN is also on fire & smoking UP $3.92 on heavy volume....only $1.02 from all-time high...
RIMM UP $1.58.....only $6.97 away from alltime high....
AAPL UP $1.03 only $2.87 cents away from alltime high....
Today I added RVBD ....my cost $33.96 UP 89 cents ....so far...most undervalued high growth networking leader.....oversold big time on in-line ER.....
@ 11.23 AM the following stocks on my WL are green :
CMED (alltime high on IBD coverage),MR,TSL,DELL (new high),
SNDK,ICE,BIDU (new high),WYNN (new high),CTRP (new high),
GOOG (new high),LVS (new high),GRMN,FSLR (new high),WFR (new high),
STP (new high),AKAM,MPEL,NTES (breakout),JASO,SWIR,NVTL.
As you acn see many many stocks are breaking out to new all-time highs...which is a sign of great underlying strength of the market.....be prepared for sharp pullbacks when overbought levels are reached......so taking profit as you go MAY not be a bad idea.....
Good luck on rest of this exciting day.....$$$$$$
BLOG does not give buy or sell.
Saleem
Saturday, October 27, 2007
MOMENTUM stocks for "ongoing rate cut rally " $$$
The following stocks on my watch list are showing momentum.Please use close stop.Traders & investors just love them.
RIMM,AAPL,VMW,SINA,FMCN,BIDU,GOOG,
SOHU(reports monday AH expect a beat & great guidance)SNDA,LVS,WYNN,NYX,ICE,CMED,NOK,FSLR,WFR,DELL,
YHOO (Alibaba 40% stake)IGT,CTRP,VLO,TSO,GRMN,STP,OMTR,DXPE,BZH,DRIV,IBN,FDRY
SPWR,
BOOM.
Markets will be very strong going into fed cut ....but may selloff after rate cut..because markets will be overbought by then...so position accordingly....alway's take profit..it is OK to book profit early than lose it all.
Please know your stocks FA & TA...nothing goes UP in straight line.....
Please stay diversified.
BLOG does not give buy or sell.
Next post monday @ 11.30 AM.
Enjoy your weekend.
Saleem
RIMM,AAPL,VMW,SINA,FMCN,BIDU,GOOG,
SOHU(reports monday AH expect a beat & great guidance)SNDA,LVS,WYNN,NYX,ICE,CMED,NOK,FSLR,WFR,DELL,
YHOO (Alibaba 40% stake)IGT,CTRP,VLO,TSO,GRMN,STP,OMTR,DXPE,BZH,DRIV,IBN,FDRY
SPWR,
BOOM.
Markets will be very strong going into fed cut ....but may selloff after rate cut..because markets will be overbought by then...so position accordingly....alway's take profit..it is OK to book profit early than lose it all.
Please know your stocks FA & TA...nothing goes UP in straight line.....
Please stay diversified.
BLOG does not give buy or sell.
Next post monday @ 11.30 AM.
Enjoy your weekend.
Saleem
Technically STRONG stocks for "ongoing rate cut rally " $$$
The following stocks are showing strength based on various technical formations.Please do FA for a more balanced view.
GMST,ESLR,SWIR,WNR,SCMR,SCHW,MNST,RYL,SAY,HXL,TIE,
ITMN,MRK,DECK.
TSX (Toronto stock Exchange)
VRS,OPC,IMO,NGD,PJO,PAA,PDN,SW.
Please do your own due diligence and stay diversified.
BLOG does not give buy or sell.
Saleem
GMST,ESLR,SWIR,WNR,SCMR,SCHW,MNST,RYL,SAY,HXL,TIE,
ITMN,MRK,DECK.
TSX (Toronto stock Exchange)
VRS,OPC,IMO,NGD,PJO,PAA,PDN,SW.
Please do your own due diligence and stay diversified.
BLOG does not give buy or sell.
Saleem
Technically WEAK stocks for "ongoing rate cut rally " $$$
The following stocks are showing weakness based on various technical formations.Please check FA for a balanced view.
VSEA,LRCX,FORM,BIG,HOKU,RVBD,FFIV,DOX,SMH,UNTD,ZUMZ,
MRO,ITMN,EDS.
TSX ( Toronto Stock Exchange)
BMO,NCX,SCC,ELD,LAM,MT,TNX.
Please do your own due diligence.
BLOG does not give buy or sell.
Saleem
VSEA,LRCX,FORM,BIG,HOKU,RVBD,FFIV,DOX,SMH,UNTD,ZUMZ,
MRO,ITMN,EDS.
TSX ( Toronto Stock Exchange)
BMO,NCX,SCC,ELD,LAM,MT,TNX.
Please do your own due diligence.
BLOG does not give buy or sell.
Saleem
Friday, October 26, 2007
Market closed @ HIGHS $$$
Markets finished on a very strong note as predicted last night....
Fed meets on wed to reduce fed funds rate by 1/4%......
Rate cut will further boost the market...as it will ease the suffering of many who are trapped in housing fiasco.....more people will afford to keep their houses...more buyers will be able to qualify for mortgages @ lower rate......
I sold all CMED ..booked gain of $2.40 per share.....
I doubled my stake in RIMM which I bought 7 cent above the low of the day.....this was the reason for selling CMED....RIMM was too attractive @ such a ridiculous price...my cost on RIMM went tumbling down to $116.48 in Toronto..a reduction in price per share by <$3.67>...
My portfolio is :
AAPL,FMCN,SINA,VMW & RIMM......
SINA went to new alltime high UP $5.19...
FMCN UP $2.06....
RIMM UP 87 Cent...
AAPL UP $1.92...
VMW down $1.91....
This week was my highest gain in my investing career......it beats my 2nd best week only a month ago....made 34.1% more than my previous best week $$$.....beside my good luck....I am continously booking profit & cutting loss ASAP...which I will continue to do so....
I am also comparing risk/reward ratio every minute of trading day.....
I am also trading winners all the time......you do not have a gain... unless you book profit $$$...idea is to make money...do not hang around for the last $$....
$ allocation are as follows as of friday's close:
AAPL 17.4%
FMCN 10.8%
SINA 11.8%
VMW 29%
RIMM 31%
Please stay with strong stocks in a diversified mode....
I practice what I preach.....
By 10am Sat I will post list of technically weak/strong & momentum stocks.
Please do your own due diligence.
BLOG does not give buy or sell.
Saleem
Fed meets on wed to reduce fed funds rate by 1/4%......
Rate cut will further boost the market...as it will ease the suffering of many who are trapped in housing fiasco.....more people will afford to keep their houses...more buyers will be able to qualify for mortgages @ lower rate......
I sold all CMED ..booked gain of $2.40 per share.....
I doubled my stake in RIMM which I bought 7 cent above the low of the day.....this was the reason for selling CMED....RIMM was too attractive @ such a ridiculous price...my cost on RIMM went tumbling down to $116.48 in Toronto..a reduction in price per share by <$3.67>...
My portfolio is :
AAPL,FMCN,SINA,VMW & RIMM......
SINA went to new alltime high UP $5.19...
FMCN UP $2.06....
RIMM UP 87 Cent...
AAPL UP $1.92...
VMW down $1.91....
This week was my highest gain in my investing career......it beats my 2nd best week only a month ago....made 34.1% more than my previous best week $$$.....beside my good luck....I am continously booking profit & cutting loss ASAP...which I will continue to do so....
I am also comparing risk/reward ratio every minute of trading day.....
I am also trading winners all the time......you do not have a gain... unless you book profit $$$...idea is to make money...do not hang around for the last $$....
$ allocation are as follows as of friday's close:
AAPL 17.4%
FMCN 10.8%
SINA 11.8%
VMW 29%
RIMM 31%
Please stay with strong stocks in a diversified mode....
I practice what I preach.....
By 10am Sat I will post list of technically weak/strong & momentum stocks.
Please do your own due diligence.
BLOG does not give buy or sell.
Saleem
Nasdaq very strong...Market's are green $$$
As expected Nasdaq took off and is UP strongly.....
Dow is also green....giving a helping hand.....
Financials are turning around......
Oil is @ all time high...
Oil stocks like TSO & VLO are UP strongly....
Gold is @ new high....
All in all most investors/traders are happy today $$$$$
In my portfolio :
CMED went to all-time high on high volume UP 92 cents...looking very good $$$$ next resistance $46.77 to overcome......
VMW is taking a well deserved rest down $1.70.....analyst target is $135.....
SINA UP $2.30 on heavy volume...BIDU report was taken as positive after CC so it is helping SINA move UP.....
FMCN UP $1.65 on heavy volume.....most undervalued growth story in Chinese Media business...
AAPL UP $1.83.....added 34% more AAPL in pre-market @ $184...biggest position in apple so far ....my cost now is $185.78....
RIMM down 96 cents.....still building base for next move UP.....Chinese sales of blackberry is imminent......
@ 11.21AM the following stocks are green :
BIDU (Up $12..ER was taken as good based on CC),WFR (UP $10 on ER),LDK,
NOK,NVDA,TSL,PMCS,DELL,SNDK,ISRG,ICE,YHOO,GOOG,CTRP,WYNN,
MSO,LVS,GRMN,FSLR,SNE,SOHU (new high),NMR,SNDA,EBAY,OXPS,STX,
HPQ,MA,AKAM,CSCO,NVTL,SWIR.
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Dow is also green....giving a helping hand.....
Financials are turning around......
Oil is @ all time high...
Oil stocks like TSO & VLO are UP strongly....
Gold is @ new high....
All in all most investors/traders are happy today $$$$$
In my portfolio :
CMED went to all-time high on high volume UP 92 cents...looking very good $$$$ next resistance $46.77 to overcome......
VMW is taking a well deserved rest down $1.70.....analyst target is $135.....
SINA UP $2.30 on heavy volume...BIDU report was taken as positive after CC so it is helping SINA move UP.....
FMCN UP $1.65 on heavy volume.....most undervalued growth story in Chinese Media business...
AAPL UP $1.83.....added 34% more AAPL in pre-market @ $184...biggest position in apple so far ....my cost now is $185.78....
RIMM down 96 cents.....still building base for next move UP.....Chinese sales of blackberry is imminent......
@ 11.21AM the following stocks are green :
BIDU (Up $12..ER was taken as good based on CC),WFR (UP $10 on ER),LDK,
NOK,NVDA,TSL,PMCS,DELL,SNDK,ISRG,ICE,YHOO,GOOG,CTRP,WYNN,
MSO,LVS,GRMN,FSLR,SNE,SOHU (new high),NMR,SNDA,EBAY,OXPS,STX,
HPQ,MA,AKAM,CSCO,NVTL,SWIR.
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Thursday, October 25, 2007
Nadaq closed much weaker..AH MSFT UP big $$$
Markets were following a familiar pattern of down triple digits.....then staging a rally in the last 75 minutes....
Each day rumour is playing a central role in the dip or reversal.....
Markets remain in jittery mode...so rumour are deciding the trend...UP or DOWN.....
AH MSFT lit up the nasdaq by beating estimates by 6 cents.....UP $4+ AH
VSEA was the disaster du jour AH down almost $10 on ER......
BIDU reported beat by 2 cents....rev in line...guidance rev higher by $1 million..but EPS may be under pressure because of expenses to upgrade services.....Down $13 AH...maybe Down big friday...because of lofty level......& lackluster EPS picture......
WFR came out with good ER UP $5++
In my portfolio :
VMW UP $10.48....most analyst increased VMW price target to $135 area.....reflecting 90%++ growth for several Q going forward as per CFO.......
SINA down $1.85
FMCN down $2.47...pressured down re 4.2% upcoming dilution in TOS....
CMED UP $2.66 on heavy volume....all set for "breakout to new all time high...only $1.45 away from previous high"...immediate trading target of $46.77 $$$$$
AAPL down $3.15...almost ready for "green day" slated for "breakout @ $188.80 target $205"...
RIMM down $4.96...still building support before another breakout....
ISRG strong..new high.....
YHOO strong
STP super strong..
VLO strong...
NOK new high...
Good luck on friday the 26th.....which is expected to be a very strong day for Nasdaq...take advantage by buying strong stocks in a diversified mode...know your stocks well..know FA & TA...and please sell bargain stocks...they are bargain for a reason......
BLOG does not give buy or sell.
Saleem
Each day rumour is playing a central role in the dip or reversal.....
Markets remain in jittery mode...so rumour are deciding the trend...UP or DOWN.....
AH MSFT lit up the nasdaq by beating estimates by 6 cents.....UP $4+ AH
VSEA was the disaster du jour AH down almost $10 on ER......
BIDU reported beat by 2 cents....rev in line...guidance rev higher by $1 million..but EPS may be under pressure because of expenses to upgrade services.....Down $13 AH...maybe Down big friday...because of lofty level......& lackluster EPS picture......
WFR came out with good ER UP $5++
In my portfolio :
VMW UP $10.48....most analyst increased VMW price target to $135 area.....reflecting 90%++ growth for several Q going forward as per CFO.......
SINA down $1.85
FMCN down $2.47...pressured down re 4.2% upcoming dilution in TOS....
CMED UP $2.66 on heavy volume....all set for "breakout to new all time high...only $1.45 away from previous high"...immediate trading target of $46.77 $$$$$
AAPL down $3.15...almost ready for "green day" slated for "breakout @ $188.80 target $205"...
RIMM down $4.96...still building support before another breakout....
ISRG strong..new high.....
YHOO strong
STP super strong..
VLO strong...
NOK new high...
Good luck on friday the 26th.....which is expected to be a very strong day for Nasdaq...take advantage by buying strong stocks in a diversified mode...know your stocks well..know FA & TA...and please sell bargain stocks...they are bargain for a reason......
BLOG does not give buy or sell.
Saleem
Markets trying to make up its mind...red/green $$$
Markets are undecided so far...first red then green ...now red again.....
Lot of economic news have hit the markets.....some strong... some weak....
High fliers are quiet today mostly red.....
Among the major ER BIDU reports tonight which will be the key to internet/Ad related stocks...
In my portfolio :
VMW is "the mother of all stocks now UP $11.93 to new all-time high today...all analyst/commentators were impressed with their ER & touting VMW monopolistic domination for almost another year..then they will remain as undisputed leader in virtualization"
SINA is down $1.28...no idea why...
FMCN down $1.49 on reaction to 4+% additional shares being offered.
CMED is UP $1.99 on strong volume...a very good sign.....$2.18 cents away from its all-time high..
AAPL down 64 cents....ready to march to new all time high $$$business is looking very good..Mac is flying off the shelves.....
RIMM down $1.40..basing before another major RUNUP $$$$
Among other green stock @ 11.36 AM are:
LDK,NOK,TSL,STP (new high on 10yr contract),ISRG (new high),
BIDU,CTRP,WYNN,LVS,NYX,VLO,FSLR (new high),SONY,
SOHU (new high),XING,NDAQ,NTRI,AKAM,MA,CIEN,JASO,ENER.
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Lot of economic news have hit the markets.....some strong... some weak....
High fliers are quiet today mostly red.....
Among the major ER BIDU reports tonight which will be the key to internet/Ad related stocks...
In my portfolio :
VMW is "the mother of all stocks now UP $11.93 to new all-time high today...all analyst/commentators were impressed with their ER & touting VMW monopolistic domination for almost another year..then they will remain as undisputed leader in virtualization"
SINA is down $1.28...no idea why...
FMCN down $1.49 on reaction to 4+% additional shares being offered.
CMED is UP $1.99 on strong volume...a very good sign.....$2.18 cents away from its all-time high..
AAPL down 64 cents....ready to march to new all time high $$$business is looking very good..Mac is flying off the shelves.....
RIMM down $1.40..basing before another major RUNUP $$$$
Among other green stock @ 11.36 AM are:
LDK,NOK,TSL,STP (new high on 10yr contract),ISRG (new high),
BIDU,CTRP,WYNN,LVS,NYX,VLO,FSLR (new high),SONY,
SOHU (new high),XING,NDAQ,NTRI,AKAM,MA,CIEN,JASO,ENER.
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Wednesday, October 24, 2007
Markets bounced off support...very good sign $$$$
Markets dealt with overbought conditions in tech by slumping sharply ...when everybody was convinced that market is scary & weak.....it bounced off the support as quickly....
Technically.... markets look much healthier now than yesterday......
Sharp & swift correction removes "froth in a hurry"
I took advantage of weak open by buying :
Bought 80% of my AAPL back..cost $ 185.95....
Bought 50% of RIMM back...cost in Toronto $120.40....
Still removed 18% equity from the market.....
Why I put 20% equity back in the markets.....because the sentiments was very negative going into open...thanks to techs poor ER & ML ER......
In pre-market AAPL & RIMM were holding much better than the overall techs.....inspite of very negative tone & recommended selling of half position by Jimmy the Cramer......
I bought AAPL $1.16 lower & RIMM $2.27 lower than yesterday's sale price...not a bad deal...
VMW reported strong revenue growth.... higher than the most optimistic number and earning beat by 1 cent....this is very strong.....because VMW spend lot of money in R&D to bring out upgrades to virtualization software and new softwares for desktop......
VMW did not give guidance for Q4 .....or guidance for FY 2008...as CFO said that they are not ready with those numbers......They are growing too-fast to get a handle @ this stage..as guidance may be too-conservative..based on what they know.....all my opinion of course $$$
VMW should see upgrades and increase in target price ....AH UP $5.....
Fast Money & Mad Money both are falling in love with VMW......
FMCN filed 5 million additional ADS offering in its filing with SEC AH ....plus 8.7 million from existing stockholders so a dilution of only 5 million which is a small add-on of 4.3%.... current TOS is 115.70 million shares..AH stock down 52 cents only....Citibank,Credit Suisse & Merril Lynch are the joint bookrunners for the offering.....
My portfolio is :
CMED,FMCN,SINA,VMW,AAPL & RIMM...back to my dream team of stocks...albeit smaller position in AAPL & RIMM.......
AH MSFT & AM EMC.....are reporting....
BRCM,ALTR,RVBD,LDK,BIDU,.....got big drubbing in today's selloff.....
NYX,NMX,ICE,SOHU (new high),VLO,GRMN,ISRG..were green.....
Good luck for Thursday.
BLOG does not give buy or sell.
Saleem
Technically.... markets look much healthier now than yesterday......
Sharp & swift correction removes "froth in a hurry"
I took advantage of weak open by buying :
Bought 80% of my AAPL back..cost $ 185.95....
Bought 50% of RIMM back...cost in Toronto $120.40....
Still removed 18% equity from the market.....
Why I put 20% equity back in the markets.....because the sentiments was very negative going into open...thanks to techs poor ER & ML ER......
In pre-market AAPL & RIMM were holding much better than the overall techs.....inspite of very negative tone & recommended selling of half position by Jimmy the Cramer......
I bought AAPL $1.16 lower & RIMM $2.27 lower than yesterday's sale price...not a bad deal...
VMW reported strong revenue growth.... higher than the most optimistic number and earning beat by 1 cent....this is very strong.....because VMW spend lot of money in R&D to bring out upgrades to virtualization software and new softwares for desktop......
VMW did not give guidance for Q4 .....or guidance for FY 2008...as CFO said that they are not ready with those numbers......They are growing too-fast to get a handle @ this stage..as guidance may be too-conservative..based on what they know.....all my opinion of course $$$
VMW should see upgrades and increase in target price ....AH UP $5.....
Fast Money & Mad Money both are falling in love with VMW......
FMCN filed 5 million additional ADS offering in its filing with SEC AH ....plus 8.7 million from existing stockholders so a dilution of only 5 million which is a small add-on of 4.3%.... current TOS is 115.70 million shares..AH stock down 52 cents only....Citibank,Credit Suisse & Merril Lynch are the joint bookrunners for the offering.....
My portfolio is :
CMED,FMCN,SINA,VMW,AAPL & RIMM...back to my dream team of stocks...albeit smaller position in AAPL & RIMM.......
AH MSFT & AM EMC.....are reporting....
BRCM,ALTR,RVBD,LDK,BIDU,.....got big drubbing in today's selloff.....
NYX,NMX,ICE,SOHU (new high),VLO,GRMN,ISRG..were green.....
Good luck for Thursday.
BLOG does not give buy or sell.
Saleem
Market near support of 1490 on S&P 500 !!!
Markets took an expected "tumble"......
Market corrections are sharp & swift......
Techs were overbought going into today.....thus a "sharp reversal in techs"
1490 support on S&P 500 is only 1 point away @ 11.25AM......
Always take profit as you go along......or else it CAN evaporate in no time.....
Stay diversified into proven success frontline stocks......
Stay ahead of overbought situations...which comes very quickly.....
Today's drop was severe because of ML & housing report....
Look @ your portfolio & switch out of weak ones and position in strong stocks....today is a very good day to do the switching in a diversified mode.
Know your stocks well..both FA & TA........
VMW reports AH...expecting a very good report & strong guidance $$$$$...my largest position with highest $$ allocation.....
Good luck today.
BLOG does not give buy or sell.
Saleem
Market corrections are sharp & swift......
Techs were overbought going into today.....thus a "sharp reversal in techs"
1490 support on S&P 500 is only 1 point away @ 11.25AM......
Always take profit as you go along......or else it CAN evaporate in no time.....
Stay diversified into proven success frontline stocks......
Stay ahead of overbought situations...which comes very quickly.....
Today's drop was severe because of ML & housing report....
Look @ your portfolio & switch out of weak ones and position in strong stocks....today is a very good day to do the switching in a diversified mode.
Know your stocks well..both FA & TA........
VMW reports AH...expecting a very good report & strong guidance $$$$$...my largest position with highest $$ allocation.....
Good luck today.
BLOG does not give buy or sell.
Saleem
Tuesday, October 23, 2007
Markets closed Higher $$$$
Markets as "expected build a base and moved higher"...
Market closed @ high of the day.......
There was lot of excitement in the markets today.....thanks to AAPL & RIMM...which torpedoed Nasdaq & Dow higher.......
AH ......AMZN,BRCM,JNPR,ALTR all reported earnings ....but the reception was "negative"
Markets will be weak on wed......
I did lot of trades today and they are :
Sold my biggest $$ allocation in RIMM.....sold all & booked a gain of $11.02 per share.....
Sold all AAPL and booked a gain of $16.51 per share......
Added 50% more CMED my cost now is $40.99....
Today was the biggest one day gain in my investing career.....beating previous highest by 25.2%.....I am quite overwhelmed by this stroke of luck.....thus it is time to reduce my exposure to the market...while I am way-ahead $$$$$
I am taking 38% equity out of the market.......
My portfolio is :
CMED,FMCN,SINA,VMW........
VMW reports AH on wed....I am expecting a blowout Q and strong guidance....
Good luck on wed.
BLOG does not give buy or sell.
Saleem
Market closed @ high of the day.......
There was lot of excitement in the markets today.....thanks to AAPL & RIMM...which torpedoed Nasdaq & Dow higher.......
AH ......AMZN,BRCM,JNPR,ALTR all reported earnings ....but the reception was "negative"
Markets will be weak on wed......
I did lot of trades today and they are :
Sold my biggest $$ allocation in RIMM.....sold all & booked a gain of $11.02 per share.....
Sold all AAPL and booked a gain of $16.51 per share......
Added 50% more CMED my cost now is $40.99....
Today was the biggest one day gain in my investing career.....beating previous highest by 25.2%.....I am quite overwhelmed by this stroke of luck.....thus it is time to reduce my exposure to the market...while I am way-ahead $$$$$
I am taking 38% equity out of the market.......
My portfolio is :
CMED,FMCN,SINA,VMW........
VMW reports AH on wed....I am expecting a blowout Q and strong guidance....
Good luck on wed.
BLOG does not give buy or sell.
Saleem
Markets...building base for UP move $$$
Markets are building a base to move higher.......
Techs are stronger ...thanks to AAPL...which not only beat on every metric..but gave higher guidance on both top & bottom line....higher than the highest on the street......
AAPL leopard operating system is out in few day's...which will boost Mac sales big time..24" screen looks awesome......
In my portfolio :
AAPL is "the superstar UP $10.78" on heavy volume of 36 million share...
AAPL highest target now is $243..by Bear Stern's.....
Lot of investor's & trader's will jump on AAPL bandwagon now...because growth is evident to everybody....Q1 which ends in dec ....will be a blockbuster gadgetry Q....
VMW which reports tomorrow AH is UP $2.27..only $9+ from its all-time high......
SINA UP 51 cents.....2nd best search engine in China with partnership with GOOG...also big in ad revenue.....
CMED UP 28 cents......
FMCN UP $1.33..most undervalued Chinese media giant.....
RIMM UP $1.....marking time before RUNUP.......
@11.25 the following stocks on my screen are green :
NOK,BRCM,ISRG,ICE YHOO,GOOG (new high),BIDU,CTRP,WYNN,
LVS,NYX,GRMN,FSLR,WFR,NCTY,INFY,MR,AKAM,MA,CIEN.
Markets are become very focussed on strong stocks which deliver...so stock picking is absolutely critical in a diversified mode....otherwise it will become dufficult to make money for next 30 day's.....
If you stay put in high growth stocks..then end of the year rally will take them much much higher $$$$$
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Techs are stronger ...thanks to AAPL...which not only beat on every metric..but gave higher guidance on both top & bottom line....higher than the highest on the street......
AAPL leopard operating system is out in few day's...which will boost Mac sales big time..24" screen looks awesome......
In my portfolio :
AAPL is "the superstar UP $10.78" on heavy volume of 36 million share...
AAPL highest target now is $243..by Bear Stern's.....
Lot of investor's & trader's will jump on AAPL bandwagon now...because growth is evident to everybody....Q1 which ends in dec ....will be a blockbuster gadgetry Q....
VMW which reports tomorrow AH is UP $2.27..only $9+ from its all-time high......
SINA UP 51 cents.....2nd best search engine in China with partnership with GOOG...also big in ad revenue.....
CMED UP 28 cents......
FMCN UP $1.33..most undervalued Chinese media giant.....
RIMM UP $1.....marking time before RUNUP.......
@11.25 the following stocks on my screen are green :
NOK,BRCM,ISRG,ICE YHOO,GOOG (new high),BIDU,CTRP,WYNN,
LVS,NYX,GRMN,FSLR,WFR,NCTY,INFY,MR,AKAM,MA,CIEN.
Markets are become very focussed on strong stocks which deliver...so stock picking is absolutely critical in a diversified mode....otherwise it will become dufficult to make money for next 30 day's.....
If you stay put in high growth stocks..then end of the year rally will take them much much higher $$$$$
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Monday, October 22, 2007
AAPL blew past estimates & guides HIGHER $$$$
AAPL proved all the skeptics "wrong again".....
AAPL beat estimates on top & bottom line handily....
After a long time AAPL actually guides "higher than the highest estimate on both top & bottom line for Q1".....surprise suprise $$$$
AAPL opening store in China in spring.....
AAPL was amply rewarded by being UP $12.33 AH plus $3.94 in reg hr..for a total jump of $16.27....not bad for one day positioning.....
Expect major target increase to may be as high as $250.....
Expect a 3 to 1 stock split soon $$$$$
I almost forgot that there was suppose to be a "guarrenteed CRASH in the markets today...lol"
Oh..but wait...Super confident & super LOUD Macke of fast money is buying DOG after open...so crash must be coming AGAIN....because he ALWAY'S knows in advance ????
Nasdaq was the strongest of all...UP volume led by better than 3 to 1...so who was buying today....????..even Advancing stock had a comfortable lead on nasdaq..by 536 more advancers than declining stocks......
VMW was my superstar today UP $4.64...further UP AH..now only $10 away from its all-time high $$$$
Some other strong stocks were :
GOOG,GRMN,ISRG,JASO,BRCM,SNDK,WYNN,LVS,FSLR,SOHU,LDK.
Did you notice that all strong stocks were "mostly strong & bargain remained bargain"
Please buy with conviction and stay in strong stocks in a "diversified mode"....
Treat media & CNBC as entertainment only and use them as "very reliable contrary indicator"
Good luck for tuesday the 23rd.
BLOG does not give buy or sell.
Saleem
AAPL beat estimates on top & bottom line handily....
After a long time AAPL actually guides "higher than the highest estimate on both top & bottom line for Q1".....surprise suprise $$$$
AAPL opening store in China in spring.....
AAPL was amply rewarded by being UP $12.33 AH plus $3.94 in reg hr..for a total jump of $16.27....not bad for one day positioning.....
Expect major target increase to may be as high as $250.....
Expect a 3 to 1 stock split soon $$$$$
I almost forgot that there was suppose to be a "guarrenteed CRASH in the markets today...lol"
Oh..but wait...Super confident & super LOUD Macke of fast money is buying DOG after open...so crash must be coming AGAIN....because he ALWAY'S knows in advance ????
Nasdaq was the strongest of all...UP volume led by better than 3 to 1...so who was buying today....????..even Advancing stock had a comfortable lead on nasdaq..by 536 more advancers than declining stocks......
VMW was my superstar today UP $4.64...further UP AH..now only $10 away from its all-time high $$$$
Some other strong stocks were :
GOOG,GRMN,ISRG,JASO,BRCM,SNDK,WYNN,LVS,FSLR,SOHU,LDK.
Did you notice that all strong stocks were "mostly strong & bargain remained bargain"
Please buy with conviction and stay in strong stocks in a "diversified mode"....
Treat media & CNBC as entertainment only and use them as "very reliable contrary indicator"
Good luck for tuesday the 23rd.
BLOG does not give buy or sell.
Saleem
Where is the CRASH....keep looking...not happening !!!
So the whole world was being "drummed up for a stunning crash in markets"
So...where is it.....why it is hiding.....is it afraid to come out.....what a chicken..this "new & improved crash must be"...
Nasdaq being flat is NOT my version or definition of CRASH......
Investor's & trader's are extremely gullible to hedgies manipulation through media.....
How many times traders wants to "run away from downtick"
Investing and intelligent/contrary positioning is a very profitable way to make money.....do NOT seek permission from media for your entry & exit points from markets.....it should be part of your OWN well researched and well defined strategy.......
In my portfolio :
AAPL UP $2.83...waiting for a stellar ER AH....AAPL hit new all-time high today !!!!
VMW UP $1.47 cents.....another good report on 24th oct AH......
SINA down $1.36......
CMED $1.28....
RIMM down $2.46
FMCN down 69 cents...
@ 11.29AM the following are green :
LDK,NOK,NVDA,GOOG,SNDK(upgraded to focus),BRCM,ISRG,AMAT,
SIRF,BX,YHOO,WYNN,WYN,LVS,GRMN,HLIT(near 52wk high),SNE,
IIJI,SOHU,LRCX,INFY,SWIR,PHM.
Have a relaxing "non-crash day today".....
Markets are way oversold......
BLOG does not give buy or sell.
Saleem
So...where is it.....why it is hiding.....is it afraid to come out.....what a chicken..this "new & improved crash must be"...
Nasdaq being flat is NOT my version or definition of CRASH......
Investor's & trader's are extremely gullible to hedgies manipulation through media.....
How many times traders wants to "run away from downtick"
Investing and intelligent/contrary positioning is a very profitable way to make money.....do NOT seek permission from media for your entry & exit points from markets.....it should be part of your OWN well researched and well defined strategy.......
In my portfolio :
AAPL UP $2.83...waiting for a stellar ER AH....AAPL hit new all-time high today !!!!
VMW UP $1.47 cents.....another good report on 24th oct AH......
SINA down $1.36......
CMED $1.28....
RIMM down $2.46
FMCN down 69 cents...
@ 11.29AM the following are green :
LDK,NOK,NVDA,GOOG,SNDK(upgraded to focus),BRCM,ISRG,AMAT,
SIRF,BX,YHOO,WYNN,WYN,LVS,GRMN,HLIT(near 52wk high),SNE,
IIJI,SOHU,LRCX,INFY,SWIR,PHM.
Have a relaxing "non-crash day today".....
Markets are way oversold......
BLOG does not give buy or sell.
Saleem
Sunday, October 21, 2007
AAPL ER monday AH...will it give boost to its share price & nasdaq !!!!
AAPL reports monday AH.........
AAPL is reporting in the week .....where there is tremendous anxiety about markets.....because it is October...and it is celeberating 20 yr anniversary.......as if it is "relevant today ???"...
I do NOT see ..how 20 years ago event..has anything to do with current market conditions.....
All this attention to 20 years ago...is to inject FEAR and force selling...so hedgies & MM can scoop CHEAPER shares from nervous investors.......
Friday was OE.....so October Crash was "orchestrated for maximum benefit"...that is DONE & OVERWITH......
In case you have not noticed yet ...my handle is 87....so I know lot more about 87 crash than most investors......
Monday will be a "calm day"...and by close Nasdaq will be showing strength.........
AAPL ER will give a big boost to Nasdaq ......
AAPL will have a "blowout ER"...which is alway's the case.......
I am expecting AAPL to make a new all time HIGH in AH.....
AAPL is "alway's ahead of the curve with its innovation and superb marketing machine".......
AAPL EPS is optimized by aggressive deals with all suppliers based on high volume......
AAPL get away with "sky high margins on all its product"
AAPL volume of imac will be the "biggest growth area in terms of volume & margin"
So what are the "expected consensus numbers.... which AAPL is a master in managing"
Sales Q4 9/07.. $6.07 billion +25.5% yoy
Sales Q1 12/07 $8.58 billion+$2.51billion sequentially or 41.3% Q/Q
EPS Q4 9/07 86 cents +38.7% yoy
EPS Q1 12/07 $1.39 cents +53 cents sequentially or 61.6% Q/Q
EPS 9/08 $4.59
PE 9/08 37.13
AAPL is looking good going forward........
Please do your own due diligence .....as I do own AAPL for my portfolio.
BLOG does not give buy or sell.
Good luck for monday .....
Enjoy rest of this weekend...
Saleem
AAPL is reporting in the week .....where there is tremendous anxiety about markets.....because it is October...and it is celeberating 20 yr anniversary.......as if it is "relevant today ???"...
I do NOT see ..how 20 years ago event..has anything to do with current market conditions.....
All this attention to 20 years ago...is to inject FEAR and force selling...so hedgies & MM can scoop CHEAPER shares from nervous investors.......
Friday was OE.....so October Crash was "orchestrated for maximum benefit"...that is DONE & OVERWITH......
In case you have not noticed yet ...my handle is 87....so I know lot more about 87 crash than most investors......
Monday will be a "calm day"...and by close Nasdaq will be showing strength.........
AAPL ER will give a big boost to Nasdaq ......
AAPL will have a "blowout ER"...which is alway's the case.......
I am expecting AAPL to make a new all time HIGH in AH.....
AAPL is "alway's ahead of the curve with its innovation and superb marketing machine".......
AAPL EPS is optimized by aggressive deals with all suppliers based on high volume......
AAPL get away with "sky high margins on all its product"
AAPL volume of imac will be the "biggest growth area in terms of volume & margin"
So what are the "expected consensus numbers.... which AAPL is a master in managing"
Sales Q4 9/07.. $6.07 billion +25.5% yoy
Sales Q1 12/07 $8.58 billion+$2.51billion sequentially or 41.3% Q/Q
EPS Q4 9/07 86 cents +38.7% yoy
EPS Q1 12/07 $1.39 cents +53 cents sequentially or 61.6% Q/Q
EPS 9/08 $4.59
PE 9/08 37.13
AAPL is looking good going forward........
Please do your own due diligence .....as I do own AAPL for my portfolio.
BLOG does not give buy or sell.
Good luck for monday .....
Enjoy rest of this weekend...
Saleem
VMW....ER wed..."virtualization leader"
VMW is among the hottest IPO of the year......IPO @ $27.... opened @ $51.50 friday close @ $97.74 UP $70.74 from IPO price or UP 262%....so far.....
VMW investors are INTC,HPQ,CSCO.......
VMW is breaking a "new hyper-growth area of virtualization"
Virtualization is a software which "optimizes the current hardware(servers,computers,laptops) which company owns and it is pooled together and allocated as it is needed"
Virtualization optimizes the use of various operating systems within the corporation and it can run concurrently all OS on the same PC.
So instead of buying more hardware ie servers...it gets more juice/work out of the existing servers...thus saving on hardware cost,space saving,personnel saving & elictricity saving...all through VMW software....
Currently the penetration is around 5% of entire market......it is expected to grow rapidly in the next four years to about 15% penetration......
MSFT is getting into this game with its next upgrade cycle of server operating system in middle of 2008.....still behind by almost a year to VMW current generation software.....
VMW is also introducing a "new version of its software in Nov of this year...to further consolidate its lead in virtualization optimization software"
SO....how about financials..and where it is heading......
Sales Q3 $332.12 million
Sales Q4 $382.19 million
Seq Gain +$50.07 million Q/Q
% gain seq +15% Q/Q
Sales 12/07 $1.27billion
Sales 12/08 $1.85 billion
............... +$58o million
% gain.........45.6% YoY
EPS Q3 17 cents
EPS Q4 19 cents
EPS 12/07 65 cents
EPS 12/08 93 cents
08/07 +28 cents
EPS 43% YoY
I expect VMW to guide higher than consensus for Q4......
As VMW is a new IPO....this is the first Q they will report as an independent company......
VMW is being followed by 18 analyst......
VMW high $114.88
VMW friday close $97.74
Will VMW go to new high after ER on 10/24.........only time will tell !!!!
Please do your own due diligence...as I own VMW for my portfolio.
BLOG does not give buy or sell.
Saleem
VMW investors are INTC,HPQ,CSCO.......
VMW is breaking a "new hyper-growth area of virtualization"
Virtualization is a software which "optimizes the current hardware(servers,computers,laptops) which company owns and it is pooled together and allocated as it is needed"
Virtualization optimizes the use of various operating systems within the corporation and it can run concurrently all OS on the same PC.
So instead of buying more hardware ie servers...it gets more juice/work out of the existing servers...thus saving on hardware cost,space saving,personnel saving & elictricity saving...all through VMW software....
Currently the penetration is around 5% of entire market......it is expected to grow rapidly in the next four years to about 15% penetration......
MSFT is getting into this game with its next upgrade cycle of server operating system in middle of 2008.....still behind by almost a year to VMW current generation software.....
VMW is also introducing a "new version of its software in Nov of this year...to further consolidate its lead in virtualization optimization software"
SO....how about financials..and where it is heading......
Sales Q3 $332.12 million
Sales Q4 $382.19 million
Seq Gain +$50.07 million Q/Q
% gain seq +15% Q/Q
Sales 12/07 $1.27billion
Sales 12/08 $1.85 billion
............... +$58o million
% gain.........45.6% YoY
EPS Q3 17 cents
EPS Q4 19 cents
EPS 12/07 65 cents
EPS 12/08 93 cents
08/07 +28 cents
EPS 43% YoY
I expect VMW to guide higher than consensus for Q4......
As VMW is a new IPO....this is the first Q they will report as an independent company......
VMW is being followed by 18 analyst......
VMW high $114.88
VMW friday close $97.74
Will VMW go to new high after ER on 10/24.........only time will tell !!!!
Please do your own due diligence...as I own VMW for my portfolio.
BLOG does not give buy or sell.
Saleem
Saturday, October 20, 2007
Momentum stocks for upcoming "rebound rally from October LOWS" $$$
The following stock has been showing MOMO......Please use close stop....these stocks generally move FIRST in any rally or sometime buck the trend & go UP in a down market.
RIMM,AAPL,VMW.SINA,FMCN,CMED,MR,SOHU,BIDU,GOOG,GRMN,
NYX, LVS,WYNN,ISRG,SHOO,STP,NVDA,BRCM,PMCS,ICE,CTRP,AOB,FSLR,
HLIT,NTES,NDAQ,HPQ,AUY,MA,TIE,JOBS,VCLK,OSTK,LCRD,BSX.
Please buy in a DIVERSIFIED mode.
I will be posting analysis of AAPL which reports on monday the 22nd oct and VMW which reports on wed the 24th oct...by 10AM sunday....
BLOG does not give buy or sell.
Saleem
RIMM,AAPL,VMW.SINA,FMCN,CMED,MR,SOHU,BIDU,GOOG,GRMN,
NYX, LVS,WYNN,ISRG,SHOO,STP,NVDA,BRCM,PMCS,ICE,CTRP,AOB,FSLR,
HLIT,NTES,NDAQ,HPQ,AUY,MA,TIE,JOBS,VCLK,OSTK,LCRD,BSX.
Please buy in a DIVERSIFIED mode.
I will be posting analysis of AAPL which reports on monday the 22nd oct and VMW which reports on wed the 24th oct...by 10AM sunday....
BLOG does not give buy or sell.
Saleem
Technically STRONG stocks for upcoming "rebound rally from October LOWS" $$$
The following stocks are showing technical strength based on tape action UPTO friday.Please know your stocks and do FA.
ASD,HOV,ESLR,HES,LRCX,STP,SKS,NXY,ALTU,SVU,RPRX,SSTI.
TSX ( Toronto Stock Exchange)
PDN,SU,LAM,XEG,U,FIU.
Please do your own DD.
BLOG does not give buy or sell.
Saleem
ASD,HOV,ESLR,HES,LRCX,STP,SKS,NXY,ALTU,SVU,RPRX,SSTI.
TSX ( Toronto Stock Exchange)
PDN,SU,LAM,XEG,U,FIU.
Please do your own DD.
BLOG does not give buy or sell.
Saleem
Technically WEAK stocks for upcoming "rebound rally from October LOWS" $$$
The following stocks are showing weakness based on friday the Oct 19 tape...defined by various technical formations.....please do FA to get a balanced overall picture....one day tape does NOT make a trend especially based on a down day like friday...where MOST stock took a hit.
AN,STM,MTG,MS,NBR,TSN,CPB,K,DNDN,PRFT,SWIR,GERN,C,WB,TEX,TM,WY.
TSX (Toronto Stock Exchange)
RCI.B,ROC,BVF,CNR,X.
Please do your own due diligence.
Stay diversified in strong stocks.
BLOG does not give buy or sell.
Saleem
AN,STM,MTG,MS,NBR,TSN,CPB,K,DNDN,PRFT,SWIR,GERN,C,WB,TEX,TM,WY.
TSX (Toronto Stock Exchange)
RCI.B,ROC,BVF,CNR,X.
Please do your own due diligence.
Stay diversified in strong stocks.
BLOG does not give buy or sell.
Saleem
Friday, October 19, 2007
Markets down, down & down TGIF !!!!
Markets took a well orchestrated tumble.......thanks to 20 years flashback.....
The more you were exposed to the markets ..the worse tumble you got......unless you were extremely lucky....
I had to take a "tough decision of selling all LDK.....because it was NOT holding any support" took a very steep $11.86 per share hit......my worse hit of the year.....
Bought back & then some AAPL my cost $170.60.....AAPL reports monday AH....expecting very good ER and very good guidance going forward.....expecting a 3 for 1 split also.......
My portfolio is :
AAPL,CMED,FMCN,SINA,VMW,RIMM......I feel I have "dream team in my portfolio"
My portfolio took a hit of 4%...thanks to LDK for 42.6% of the hit.....
I expect markets to find its traction by monday close.....thanks to AAPL anticipated good ER..which will give QQQQ a much needed boost.....
I will post by 10am saturday list of technically weak/strong & momentum stocks list.
BLOG does not give buy or sell.
Have a good weekend.
Saleem
The more you were exposed to the markets ..the worse tumble you got......unless you were extremely lucky....
I had to take a "tough decision of selling all LDK.....because it was NOT holding any support" took a very steep $11.86 per share hit......my worse hit of the year.....
Bought back & then some AAPL my cost $170.60.....AAPL reports monday AH....expecting very good ER and very good guidance going forward.....expecting a 3 for 1 split also.......
My portfolio is :
AAPL,CMED,FMCN,SINA,VMW,RIMM......I feel I have "dream team in my portfolio"
My portfolio took a hit of 4%...thanks to LDK for 42.6% of the hit.....
I expect markets to find its traction by monday close.....thanks to AAPL anticipated good ER..which will give QQQQ a much needed boost.....
I will post by 10am saturday list of technically weak/strong & momentum stocks list.
BLOG does not give buy or sell.
Have a good weekend.
Saleem
Markets "spooked by 87 crash memory +++"
Markets are taking it on the chin today based on many "negative issues"....
1987 crash 20th anniversary is having pyschological affect....and some professional/hedgies are playing the fear.....by shorting/buying puts......
CAT made bearish comment about the US economy slowing down.....which is NOT news to anybody...but a confirmation which is enforcing selling......
I wanted to book profit in 4 position...but I was able to do it in one only.....
I sold AAPL and booked a gain of $3.20 per share......
I bought FMCN @ $57.74.......
Everything is down big today...in my portfolio also.....
I may reposition before end of the day.....to trade on monday.....
As I have been saying that market internals have been WEAK for almost a week......and today is a day of sellers taking control......to flush out overbought conditions.....
Today is a very good day to REPOSITION in strong stocks in a diversified manner...for quick trade on monday....
This market will remain "traders dominated"...so position accordingly.......
Few stocks are still green @ 11.30AM.....and they are :
PMCS (making new high today),ISRG (new all-time high on great ER),ICE,
GOOG (new high on good ER),NYX (S&P 500 inclusion),IIJI,HLIT.
I still feel that strong techs are the place to be.....markets always corrects...and then goes on to make "new highs".
Good luck on friday the 19th close.
BLOG does not give buy or sell.
Saleem
1987 crash 20th anniversary is having pyschological affect....and some professional/hedgies are playing the fear.....by shorting/buying puts......
CAT made bearish comment about the US economy slowing down.....which is NOT news to anybody...but a confirmation which is enforcing selling......
I wanted to book profit in 4 position...but I was able to do it in one only.....
I sold AAPL and booked a gain of $3.20 per share......
I bought FMCN @ $57.74.......
Everything is down big today...in my portfolio also.....
I may reposition before end of the day.....to trade on monday.....
As I have been saying that market internals have been WEAK for almost a week......and today is a day of sellers taking control......to flush out overbought conditions.....
Today is a very good day to REPOSITION in strong stocks in a diversified manner...for quick trade on monday....
This market will remain "traders dominated"...so position accordingly.......
Few stocks are still green @ 11.30AM.....and they are :
PMCS (making new high today),ISRG (new all-time high on great ER),ICE,
GOOG (new high on good ER),NYX (S&P 500 inclusion),IIJI,HLIT.
I still feel that strong techs are the place to be.....markets always corrects...and then goes on to make "new highs".
Good luck on friday the 19th close.
BLOG does not give buy or sell.
Saleem
GOOG ER as expected ..target $800 $$$
Markets closed in a mixed note yesterday...Nasdaq UP slightly & Down Down slightly...
Market internals remained weak......new lows are leading 52 week high....declining stocks are still leading.......
Market internals are telling me that this is a traders market for now.......
GOOG ER was strong...considering it was a slow Q...and they spend more money again on hiring ..more than expected or guided.....
GOOG is entering strong 4th Q...
GOOG target raised to $800 by Credit Suisse & Goldman.......
My portfolio was down .8%......thanks to LDK which was down $3++...on 4th story by WSJ/Barron's...on inventory issue.....I personally feel that LDK inventory issue is more of "how to account for inventory @ hand...of different grades"
LDK will improve accounting controls to deal with this rapidly growing company in Silicon Solar Wafer business...they make wafer from wafer scrap from semi companies......of various grades.
Some lower grades are put away...until ready to be dealt with in terms of production..this is where the accounting issues are being exploited by an ex controller /shorts & WSJ....this shall pass very soon.....when LDK announces their new controls and a small adjustment to their inventory...which cannot be used..they will take a small charge for unuseable wafer scrap....
I am expecting a "major jump in LDK once accounting review report comes out"
My portfolio is RIMM,VMW,CMED,AAPL,SINA,LDK.
My health is now in treatment mode.....Doctor gave Antibiotic to deal with bacterial infection in my digestive track....plus have ordered some test to ensure that what he suspect is just that ..nothing more...will go for Colonoscopy in few day's.....
Thanks very much for all your concern & best wishes....feel privileged to have so many well wishers.....
Good luck on today's trade...will post @ my usual time 1130AM friday.
BLOG does not give buy or sell.
Saleem
Market internals remained weak......new lows are leading 52 week high....declining stocks are still leading.......
Market internals are telling me that this is a traders market for now.......
GOOG ER was strong...considering it was a slow Q...and they spend more money again on hiring ..more than expected or guided.....
GOOG is entering strong 4th Q...
GOOG target raised to $800 by Credit Suisse & Goldman.......
My portfolio was down .8%......thanks to LDK which was down $3++...on 4th story by WSJ/Barron's...on inventory issue.....I personally feel that LDK inventory issue is more of "how to account for inventory @ hand...of different grades"
LDK will improve accounting controls to deal with this rapidly growing company in Silicon Solar Wafer business...they make wafer from wafer scrap from semi companies......of various grades.
Some lower grades are put away...until ready to be dealt with in terms of production..this is where the accounting issues are being exploited by an ex controller /shorts & WSJ....this shall pass very soon.....when LDK announces their new controls and a small adjustment to their inventory...which cannot be used..they will take a small charge for unuseable wafer scrap....
I am expecting a "major jump in LDK once accounting review report comes out"
My portfolio is RIMM,VMW,CMED,AAPL,SINA,LDK.
My health is now in treatment mode.....Doctor gave Antibiotic to deal with bacterial infection in my digestive track....plus have ordered some test to ensure that what he suspect is just that ..nothing more...will go for Colonoscopy in few day's.....
Thanks very much for all your concern & best wishes....feel privileged to have so many well wishers.....
Good luck on today's trade...will post @ my usual time 1130AM friday.
BLOG does not give buy or sell.
Saleem
Thursday, October 18, 2007
Markets fighting back .....
Markets were given more bad news about housing & sub-prime by Bank of America...2nd largest bank in US......
The magnitude of loss was the stinker......so a negative start for the market.....
Markets are in a rotating correction for the last one week.....and it will continue until we are all set to report Q4......
Q4 is the strongest quarter for tech & all consumer related business.....so I am expecting a HUGE rally going into christmas.......
In the meantime keep playing the rotation and keep booking profit.....most stocks you can catch $1.50 swing on a daily basis......all the strong stocks do that daily.....
Today I added 32% more VMW.....my cost now is $103.75......
VMW is the sole leader of virtualization technology......they optimize servers , PC & Laptop to do more with what you have...so companies save on hardware,space,electricity & personnel....they have almost 2 year lead from MSFT......MSFT will remain has been in this area...you start 2 years late and you stay behind ALWAY'S....
In my portfolio :
VMW down $1.55..
SINA down 58 cents..
LDK UP 47 cents..
CMED UP 64 cents...
RIMM flat..
AAPL down 58 cents..
Among stocks I watch @ 11.21 AM the green is showing in :
STP (new high),FMCN,NOK (good ER),NTES (highest channel),DELL,
ICE,IGT,BIDU,CTRP,FSLR,IIJI,MTU,NMR,NCTY,MR,ASTI.AKAM,
JASO.
GOOG reports AH.....it is expected to be a good report with good forward hints..as Q4 is the strongest Q for all internet /consumer spending related area.
GOOG will give a big boost to QQQQ......
Stay in the market in a diversified strong stocks portfolio $$$$
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
The magnitude of loss was the stinker......so a negative start for the market.....
Markets are in a rotating correction for the last one week.....and it will continue until we are all set to report Q4......
Q4 is the strongest quarter for tech & all consumer related business.....so I am expecting a HUGE rally going into christmas.......
In the meantime keep playing the rotation and keep booking profit.....most stocks you can catch $1.50 swing on a daily basis......all the strong stocks do that daily.....
Today I added 32% more VMW.....my cost now is $103.75......
VMW is the sole leader of virtualization technology......they optimize servers , PC & Laptop to do more with what you have...so companies save on hardware,space,electricity & personnel....they have almost 2 year lead from MSFT......MSFT will remain has been in this area...you start 2 years late and you stay behind ALWAY'S....
In my portfolio :
VMW down $1.55..
SINA down 58 cents..
LDK UP 47 cents..
CMED UP 64 cents...
RIMM flat..
AAPL down 58 cents..
Among stocks I watch @ 11.21 AM the green is showing in :
STP (new high),FMCN,NOK (good ER),NTES (highest channel),DELL,
ICE,IGT,BIDU,CTRP,FSLR,IIJI,MTU,NMR,NCTY,MR,ASTI.AKAM,
JASO.
GOOG reports AH.....it is expected to be a good report with good forward hints..as Q4 is the strongest Q for all internet /consumer spending related area.
GOOG will give a big boost to QQQQ......
Stay in the market in a diversified strong stocks portfolio $$$$
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Wednesday, October 17, 2007
Split market @ close .....
Dow Down Nasdaq UP......
Split market is not a good sign.....both Dow & Nasdaq needs to dance together.....
Market internals were not strong even on Nasdaq.....
Nasdaq new 52 week low were in lead..Advancing stock lead bu only 131.....the only good news on Nasdaq was advancing volume was ahead by 2.39 to 1......
I bought back VMW @ $104.19
I bought back SINA @ $54.28
I bought CMED twice @ $41.12
I bought AAPL @ $171.26....I thought I will never buy AAPL until SEC option investigation is over...but after 10 months...it is a safe bet that SEC is not pursuing it as far as Steve Jobs ia concerned....
My portfolio now is :
AAPL,CMED,LDK,SINA,VMW & RIMM.....
My portfolio was UP 2.8%.......
EBAY ER was good except some minor issues for lower margin for 2008......so bad news was given in an upfront manner...market may discount this quickly.....
All Chinese petroleum stocks were UP big.....SNP UP $24+PTR $33+
LFC was UP $11+...
FXI was UP $19+...
STP was strong hit new high...
NVDA new high.....
AAPL new high....
Thursday we have GOOG reporting AH...should be good...
Monday AAPL is reporting should be good also.....
If all the important ER is good as perceived by the market...then we will have major rally going into next week....with some hesitation going into OE friday this week.
Sorry for late posting......had a serious attack of muscle spasm...took 90 minutes to deal with it....tomorrow I will go to see my personal physician....@ 3PM.
Good luck for thursday.
BLOG does not give buy or sell.
Saleem
Split market is not a good sign.....both Dow & Nasdaq needs to dance together.....
Market internals were not strong even on Nasdaq.....
Nasdaq new 52 week low were in lead..Advancing stock lead bu only 131.....the only good news on Nasdaq was advancing volume was ahead by 2.39 to 1......
I bought back VMW @ $104.19
I bought back SINA @ $54.28
I bought CMED twice @ $41.12
I bought AAPL @ $171.26....I thought I will never buy AAPL until SEC option investigation is over...but after 10 months...it is a safe bet that SEC is not pursuing it as far as Steve Jobs ia concerned....
My portfolio now is :
AAPL,CMED,LDK,SINA,VMW & RIMM.....
My portfolio was UP 2.8%.......
EBAY ER was good except some minor issues for lower margin for 2008......so bad news was given in an upfront manner...market may discount this quickly.....
All Chinese petroleum stocks were UP big.....SNP UP $24+PTR $33+
LFC was UP $11+...
FXI was UP $19+...
STP was strong hit new high...
NVDA new high.....
AAPL new high....
Thursday we have GOOG reporting AH...should be good...
Monday AAPL is reporting should be good also.....
If all the important ER is good as perceived by the market...then we will have major rally going into next week....with some hesitation going into OE friday this week.
Sorry for late posting......had a serious attack of muscle spasm...took 90 minutes to deal with it....tomorrow I will go to see my personal physician....@ 3PM.
Good luck for thursday.
BLOG does not give buy or sell.
Saleem
Rally not as strong as I expected ???
Markets are green..but dow is struggling.....
Nasdaq maintaining a decent gain of 30 points......
I booked lot of gains in this rally and they are :
Sold all VMW for a gain of $4.45 per share...not bad for less than a day of work....
SOLD all FMCN for a gain of $1 per share....again in less than a day.....
SOLD all SINA for a gain of $2.82 per share..second trade in a week....
My current portfolio as I write is :
LDK,RIMM,EGO......I may add some more today as the day goes on.....
@ 11.26AM the following stocks are green on my watchlist :
AAPL,BIDU,NOK,DELL,SNDK,AMAT,TSL,ICE,YHOO,GOOG,BIDU,
CTRP,WYNN,RVBD,LVS,NVDA(new high ),NYX,GRMN,FSLR (new high),
HLIT(new high),WFR,SNE,SNDA,NTES,STP,NDAQ,INFY,HPQ,MR,AKAM,
INTC,YHOO,CIEN,LRCX.
Good luck on rest of the day.....do not forget to lock profits $$$$
BLOG does not give buy or sell.
Saleem
Nasdaq maintaining a decent gain of 30 points......
I booked lot of gains in this rally and they are :
Sold all VMW for a gain of $4.45 per share...not bad for less than a day of work....
SOLD all FMCN for a gain of $1 per share....again in less than a day.....
SOLD all SINA for a gain of $2.82 per share..second trade in a week....
My current portfolio as I write is :
LDK,RIMM,EGO......I may add some more today as the day goes on.....
@ 11.26AM the following stocks are green on my watchlist :
AAPL,BIDU,NOK,DELL,SNDK,AMAT,TSL,ICE,YHOO,GOOG,BIDU,
CTRP,WYNN,RVBD,LVS,NVDA(new high ),NYX,GRMN,FSLR (new high),
HLIT(new high),WFR,SNE,SNDA,NTES,STP,NDAQ,INFY,HPQ,MR,AKAM,
INTC,YHOO,CIEN,LRCX.
Good luck on rest of the day.....do not forget to lock profits $$$$
BLOG does not give buy or sell.
Saleem
Tuesday, October 16, 2007
Rally on track AGAIN $$$$$ INTC YHOO Strong ER
Markets were washed out by close today.....
Market internals turned deep bearish by close.....
In a long time new 52 wk LOW led both NYSE & Nasdaq.....Nasdaq was more lopsided with new 52 week lows.....lows led by 42.....
So the correction was "sharp & swift in 2 days"......sentiment went negative in a hurry"
Just when everybody including me had written off this rally...came stellar ER from INTC & YHOO.....which lit UP the entire market in AH......expect a "huge rally wed"
Thursday AH is ER from "mother of all stock GOOG"...which is expected to be very good.....
So this rally has some leg.......
I sold my entire position in NMX and took a loss of $3.92 per share......was not happy with the tape....so it is "wise to take loss and move ON"......
So what I did with NMX proceed........
Bought back FMCN which I sold yesterday @ $1.50 lower....my cost $58.06.....
More than "tripled my position in VMW"as it is looking ready to run big time......my cost now $98.76......
After everything was said & done...I broke even for two days in a row.....not bad considering NMX weakness.......
My portfolio is :
RIMM,VMW,FMCN,SINA,LDK & EGO......
AAPL trading AH kissing all-time high $$$...
BRCM @ new high....
RVBD kissing new high.....
NVDA kissing new high...
FSLR kissing new high...
SOHU 32 cent away from new high....
YTEC was strong UP $3+++
Hope you are positioned in strong stocks for wed open...if NOT....it is still not too late $$$
Good luck on wed.
BLOG does not give buy or sell.
Saleem
Market internals turned deep bearish by close.....
In a long time new 52 wk LOW led both NYSE & Nasdaq.....Nasdaq was more lopsided with new 52 week lows.....lows led by 42.....
So the correction was "sharp & swift in 2 days"......sentiment went negative in a hurry"
Just when everybody including me had written off this rally...came stellar ER from INTC & YHOO.....which lit UP the entire market in AH......expect a "huge rally wed"
Thursday AH is ER from "mother of all stock GOOG"...which is expected to be very good.....
So this rally has some leg.......
I sold my entire position in NMX and took a loss of $3.92 per share......was not happy with the tape....so it is "wise to take loss and move ON"......
So what I did with NMX proceed........
Bought back FMCN which I sold yesterday @ $1.50 lower....my cost $58.06.....
More than "tripled my position in VMW"as it is looking ready to run big time......my cost now $98.76......
After everything was said & done...I broke even for two days in a row.....not bad considering NMX weakness.......
My portfolio is :
RIMM,VMW,FMCN,SINA,LDK & EGO......
AAPL trading AH kissing all-time high $$$...
BRCM @ new high....
RVBD kissing new high.....
NVDA kissing new high...
FSLR kissing new high...
SOHU 32 cent away from new high....
YTEC was strong UP $3+++
Hope you are positioned in strong stocks for wed open...if NOT....it is still not too late $$$
Good luck on wed.
BLOG does not give buy or sell.
Saleem
Markets to take cue from earnings AH......
Markets are trying to deal with ER starting from tech giants tonight.......
INTC,YHOO,IBM are the big ones.......
I am expecting all three will guide higher......so markets will react positively on wed...so I think...
ERIC shock this AM with their lousy ER & guidance.....it is in a dead sector...so no news there...that is where deadbeat NT & ALU compete.....
Markets know the story of ERIC.....so trying to regain their footing.....will not be surprised if we close green in Nasdaq.......
It is a stock picker market...stay out of concept or hyped small caps......they are racing "downhill".......
AAPL is green already on its upcoming release of its "new & improved OS for Macs...Leopard is debuting in two week......AAPL is leading us out of this AM funk........
Among few green @ 11.09 AM are :
BRCM (new high...its new chip is ahead by one yr against TXN & QCOM),AMAT,
SIRF ( keeps going UP),NVDA,WYNN,WYN,LVS,AMD,NMR,LRCX,JASO,NVLS.
Markets will reward those who know FA & TA of their holding......watch support on all your positions......sell before resistance......do not fight for last $$$......show conviction within range $$$
No change in my portfolio...all are RED.......
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
INTC,YHOO,IBM are the big ones.......
I am expecting all three will guide higher......so markets will react positively on wed...so I think...
ERIC shock this AM with their lousy ER & guidance.....it is in a dead sector...so no news there...that is where deadbeat NT & ALU compete.....
Markets know the story of ERIC.....so trying to regain their footing.....will not be surprised if we close green in Nasdaq.......
It is a stock picker market...stay out of concept or hyped small caps......they are racing "downhill".......
AAPL is green already on its upcoming release of its "new & improved OS for Macs...Leopard is debuting in two week......AAPL is leading us out of this AM funk........
Among few green @ 11.09 AM are :
BRCM (new high...its new chip is ahead by one yr against TXN & QCOM),AMAT,
SIRF ( keeps going UP),NVDA,WYNN,WYN,LVS,AMD,NMR,LRCX,JASO,NVLS.
Markets will reward those who know FA & TA of their holding......watch support on all your positions......sell before resistance......do not fight for last $$$......show conviction within range $$$
No change in my portfolio...all are RED.......
Good luck on rest of the day.
BLOG does not give buy or sell.
Saleem
Monday, October 15, 2007
Markets forcing "a cautious tone" ????
Today's tape is forcing me to take a "very cautious approach to trading"......
This means " buy the dips and sell the rallies "...for now.....
I am NOT SURE but it "feels like a topping action may be developing in the markets".....
Chinese stocks have gone "too far for a long long time.....a less exposure is prudent"
In Chinese stocks I will stick with "quality & strong stocks with solid future...which is lagging in RUNUP"
I did few more trades today...sort of cleanup & repositioning in what I know & feel comfortable with...
Sold all XFML and took a $1 per share loss...it is stuck in the mud...going nowhere..and also low quality..imho
Bought EGO my cost $6.85...need exposure in GOLD as a defensive approach.....
Bought NMX four times today my cost $128.60.....my second largest position just below RIMM.
My portfolio now :
RIMM,NMX,VMW,LDK,SINA & EGO......
All the big names were down big today.....
GOOG down $17+...
BIDU down $8+....
RIMM down $4+...
VMW down $4+...
NMX down $3+
ICE down $3+
WYNN down $4+
LVS down $4+
NYX down $1++
GRMN down $1++
WFR down $1+
On the positive side all the Chinese petroleum companies...were UP $15+++
BRCM UP on new chip
SIRF UP on heavy volume
All Gold were UP......
Make sure you do FA & TA on all your holdings...it is time to go for "higher quality & leaders not also ran"
I alway's pay attention to tape......today the tape was negative across the board....decliners were leading by substantial margin.....down volume also had substantial lead.....
Please continue to do your own due diligence & ensure your comfort level...as markets may be more challenging than before......more so a stock picker market...with technical strength..know the support & resistance and play those perimeters.....
Good luck for tuesday.
BLOG does not give buy or sell.
Saleem
This means " buy the dips and sell the rallies "...for now.....
I am NOT SURE but it "feels like a topping action may be developing in the markets".....
Chinese stocks have gone "too far for a long long time.....a less exposure is prudent"
In Chinese stocks I will stick with "quality & strong stocks with solid future...which is lagging in RUNUP"
I did few more trades today...sort of cleanup & repositioning in what I know & feel comfortable with...
Sold all XFML and took a $1 per share loss...it is stuck in the mud...going nowhere..and also low quality..imho
Bought EGO my cost $6.85...need exposure in GOLD as a defensive approach.....
Bought NMX four times today my cost $128.60.....my second largest position just below RIMM.
My portfolio now :
RIMM,NMX,VMW,LDK,SINA & EGO......
All the big names were down big today.....
GOOG down $17+...
BIDU down $8+....
RIMM down $4+...
VMW down $4+...
NMX down $3+
ICE down $3+
WYNN down $4+
LVS down $4+
NYX down $1++
GRMN down $1++
WFR down $1+
On the positive side all the Chinese petroleum companies...were UP $15+++
BRCM UP on new chip
SIRF UP on heavy volume
All Gold were UP......
Make sure you do FA & TA on all your holdings...it is time to go for "higher quality & leaders not also ran"
I alway's pay attention to tape......today the tape was negative across the board....decliners were leading by substantial margin.....down volume also had substantial lead.....
Please continue to do your own due diligence & ensure your comfort level...as markets may be more challenging than before......more so a stock picker market...with technical strength..know the support & resistance and play those perimeters.....
Good luck for tuesday.
BLOG does not give buy or sell.
Saleem
Market tape "very weak"...????
Markets are showing "weakness inspite of record run in Shanghai & Hong Kong".....
As Markets are in higher ground so a very close monitoring of portfolio is highly desireable.....
I did lot of trade this morning as I was "not happy with tape"......
Sold all FMCN booked a gain of $8.94 per share.....
Sold all CMED booked a gain of $2.56 per share....
Bought 6% more RIMM @ open.....my cost now $111.65 in Toronto....
Bought VMW @ $99.20......
Bought NMX @ $128.87....
Added 11% SINA my cost now $52.05.....
Added 20% LDK my cost now $48.00...
My portfolio now is :
LDK,VMW,NMX,RIMM,SINA,XFML..so far...i may add something before the day is out .....
@ 11.36 AM the following on my watch list is green :
BRCM (new high),SNDK,CTRP,SIRF (higher channel),NVDA,AOB,
FSLR,HLIT,XING,SNDA.
Please do not hesitate to book gain or loss.....to position properly in stronger stocks....Taking profits is different than how strongly you feel about the company....idea is to make money $$$
Good luck on rest of the day .....
BLOG does not give buy or sell.
Saleem
As Markets are in higher ground so a very close monitoring of portfolio is highly desireable.....
I did lot of trade this morning as I was "not happy with tape"......
Sold all FMCN booked a gain of $8.94 per share.....
Sold all CMED booked a gain of $2.56 per share....
Bought 6% more RIMM @ open.....my cost now $111.65 in Toronto....
Bought VMW @ $99.20......
Bought NMX @ $128.87....
Added 11% SINA my cost now $52.05.....
Added 20% LDK my cost now $48.00...
My portfolio now is :
LDK,VMW,NMX,RIMM,SINA,XFML..so far...i may add something before the day is out .....
@ 11.36 AM the following on my watch list is green :
BRCM (new high),SNDK,CTRP,SIRF (higher channel),NVDA,AOB,
FSLR,HLIT,XING,SNDA.
Please do not hesitate to book gain or loss.....to position properly in stronger stocks....Taking profits is different than how strongly you feel about the company....idea is to make money $$$
Good luck on rest of the day .....
BLOG does not give buy or sell.
Saleem
Sunday, October 14, 2007
Momentum stocks for upcoming "mother of all rally" $$$
The following stocks are showing momentum...which I follow.....please use stop.
RIMM,SINA,FMCN,CMED,GOOG,AAPL,BIDU,VMW,STV,JASO,BRCM,
JNPR,FSLR,TSL,DELL,YGE,AMAT,ICE,IGT,CTRP,WYNN,LVS,GRMN,
RVBD,NVDA,NYX,AOB,XING,SOHU,GIGM,EBAY,LRCX,MPEL,MA,
PTR,ZNH,DRYS,CHA,CEA,SY,WX,PWRD.
Please stay in a diversified mode with prudent risk management by allocating appropriate $ weighting........
Here is my $ weighting for my portfolio as of friday close :
CMED 13.6 %
FMCN 19%
LDK 14.8%
SINA 16.2%
XFML 7.1%
RIMM 29.3%
Please do your own due diligence and find your own comfort level with your investing/trading strategy.
Good luck next week.
BLOG does not give buy or sell.
Saleem
RIMM,SINA,FMCN,CMED,GOOG,AAPL,BIDU,VMW,STV,JASO,BRCM,
JNPR,FSLR,TSL,DELL,YGE,AMAT,ICE,IGT,CTRP,WYNN,LVS,GRMN,
RVBD,NVDA,NYX,AOB,XING,SOHU,GIGM,EBAY,LRCX,MPEL,MA,
PTR,ZNH,DRYS,CHA,CEA,SY,WX,PWRD.
Please stay in a diversified mode with prudent risk management by allocating appropriate $ weighting........
Here is my $ weighting for my portfolio as of friday close :
CMED 13.6 %
FMCN 19%
LDK 14.8%
SINA 16.2%
XFML 7.1%
RIMM 29.3%
Please do your own due diligence and find your own comfort level with your investing/trading strategy.
Good luck next week.
BLOG does not give buy or sell.
Saleem
Technically STRONG stocks for upcoming "mother of all rally" $$$
The following stocks are developing strength based on various technical formations.This is based on friday's tape.Please do FA to ge a balanced view.
URRE,CPB,ANPI,JADE,AUY,IDCC,VLCM,ANN,VC,XING,GROW,LXK,
FREE,ESV,BZH,TTWO,PAET,HL,HAYZ,BSX,GPS,MNST,SWHC,HES,
CNET,VIA.B,GERN,INAP,ARIA,ACAD,VOLC,RCII,AKAM,COGO,
AVCT,RRI,EVVV,GIGA,ANPI.
TSX (Toronto Stock Exchange )
PTI,WIN,GIL,MLY,PPN,MXG,TUN,BIM,ARQ,QTA,SLW,BCM.
BLOG does not give buy or sell.
Saleem
URRE,CPB,ANPI,JADE,AUY,IDCC,VLCM,ANN,VC,XING,GROW,LXK,
FREE,ESV,BZH,TTWO,PAET,HL,HAYZ,BSX,GPS,MNST,SWHC,HES,
CNET,VIA.B,GERN,INAP,ARIA,ACAD,VOLC,RCII,AKAM,COGO,
AVCT,RRI,EVVV,GIGA,ANPI.
TSX (Toronto Stock Exchange )
PTI,WIN,GIL,MLY,PPN,MXG,TUN,BIM,ARQ,QTA,SLW,BCM.
BLOG does not give buy or sell.
Saleem
Technically WEAK stocks for upcoming "mother of all rally" $$$
The following stocks are showing weakness based on various technical formations.This is based on tape action for friday.Please do FA to get a balanced view.
X,SMSI,MENT,TIE,NXY,BZH,SNDK,KLAC,AMLN,VSEA,MW,TIF,
EAT,Q,BRKS,ALTR,IBAS,AMSF,ADCT,NKTR,IMB,TXRH,FCS.
TSX (Toronto Stock Exchange)
CAE,LNR,UFS,BVX,PCC,DWI,MRC,TTH,TDG.UN.
BLOG does not give buy or sell.
Saleem
X,SMSI,MENT,TIE,NXY,BZH,SNDK,KLAC,AMLN,VSEA,MW,TIF,
EAT,Q,BRKS,ALTR,IBAS,AMSF,ADCT,NKTR,IMB,TXRH,FCS.
TSX (Toronto Stock Exchange)
CAE,LNR,UFS,BVX,PCC,DWI,MRC,TTH,TDG.UN.
BLOG does not give buy or sell.
Saleem
Friday, October 12, 2007
Markets gave a "green thumbs UP to all believers"$$$
What a difference one day makes.......
Markets recovered most of yesterday's losses......
Market internals were very strong....Advancing volume,Advanceing stocks & new 52 week high's led by wide margin.....this confirms the strength of this amazing bull market....which turns right around ...the very next day...no panic for friday or end of the week......
What a day I had with LDK......I thought I had waited out the inventory issues already...but NO..wall street tried for the "third time same game" @ one point LDK was down almost $6....and the volume was "huge"..14.5 million..it went as low as $40.46..closed @ $42.95 down $2.85.......this is where FA & TA comes in handy......knowing what you are buying...what are the issues and how much "credence"you want to give to "rehash of old issues"....I used my conviction & confidence to stay PUT.
CMED was very strong ..UP $1.63 on above average volume.......
FMCN UP 51 cents...still basing before a major RUNUP.......
SINA was UP $2.75 on heavy volume.....an undervalued stock based on its prospect of being the #2 in search in China & Ad revenue looking way UP.......
XFML UP 22 cents.....getting ready to jump UP......
RIMM UP $2.91.......only $4.89 away from all-time high....
ps ...overall I had a profitable day...
Among other highlights:
BIDU is on a roll AGAIN UP $14+....now Jimmy the Cramer in his latest flip-flop saying BIDU is going to $500........Karen Finerman was boasting of being short BIDU...I wonder what happened....I do have some idea......it was a "toilet trade"....money flushed down the drain.....
AAPL getting close to all-time high......
GOOG close to new high...almost kissing.....
FSLR & GRMN were strong.....
All China big guns were flying FXI was UP $10++
Tomorrow is our EID for muslims all over the world...which marks the end of Ramadan...which involves complete fasting (no food no water) from dawn to dusk.....so one can feel the hunger...
I will be going for prayer in the morning and then visits with family & friends...so my posting for saturday will be delayed till Sunday NOON for technically weak,strong & list of momentum stocks.......
BLOG does not give buy or sell.
Have a relaxing weekend.
Saleem
Markets recovered most of yesterday's losses......
Market internals were very strong....Advancing volume,Advanceing stocks & new 52 week high's led by wide margin.....this confirms the strength of this amazing bull market....which turns right around ...the very next day...no panic for friday or end of the week......
What a day I had with LDK......I thought I had waited out the inventory issues already...but NO..wall street tried for the "third time same game" @ one point LDK was down almost $6....and the volume was "huge"..14.5 million..it went as low as $40.46..closed @ $42.95 down $2.85.......this is where FA & TA comes in handy......knowing what you are buying...what are the issues and how much "credence"you want to give to "rehash of old issues"....I used my conviction & confidence to stay PUT.
CMED was very strong ..UP $1.63 on above average volume.......
FMCN UP 51 cents...still basing before a major RUNUP.......
SINA was UP $2.75 on heavy volume.....an undervalued stock based on its prospect of being the #2 in search in China & Ad revenue looking way UP.......
XFML UP 22 cents.....getting ready to jump UP......
RIMM UP $2.91.......only $4.89 away from all-time high....
ps ...overall I had a profitable day...
Among other highlights:
BIDU is on a roll AGAIN UP $14+....now Jimmy the Cramer in his latest flip-flop saying BIDU is going to $500........Karen Finerman was boasting of being short BIDU...I wonder what happened....I do have some idea......it was a "toilet trade"....money flushed down the drain.....
AAPL getting close to all-time high......
GOOG close to new high...almost kissing.....
FSLR & GRMN were strong.....
All China big guns were flying FXI was UP $10++
Tomorrow is our EID for muslims all over the world...which marks the end of Ramadan...which involves complete fasting (no food no water) from dawn to dusk.....so one can feel the hunger...
I will be going for prayer in the morning and then visits with family & friends...so my posting for saturday will be delayed till Sunday NOON for technically weak,strong & list of momentum stocks.......
BLOG does not give buy or sell.
Have a relaxing weekend.
Saleem
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