Markets are in a holding pattern in a slight negative tone......
Markets are working off big gains from yesterday.......
Once this digestive phase is over ...we will hit new record close.....
Added 7% more RIMM today as Raymond James downgraded RIMM this AM...this is third downgrade since yesterday......RIMM will report good Q on thursday AH....guidance will exceed current consensus.....my cost on RIMM is $97.05.....
CMED is down 49 Cents....
FMCN UP $1.59 ...as expected major RUNUP today .....as it is the most undervalued stock in China based on its robust growth.....$$$
WFR is UP $1.95 ...recovering nicely for two days......
SNDK UP 2 Cents....showing resiliency.....so far....
NMX UP 14 Cents after having nice turnaround....
RIMM is down $3.25......on earning & downgrades jitter.....
Other stocks which are showing green @ 11.17 AM are :
TSL,ICE,FSLR (new high),GOOG (new high),
BIDU ( UP$19 on major turnaround on heavy volume to new all-time high),
LVS ( new high),AAPL (new high),SNE (fighting its way back to mid range),
LFC (new high),ACH (new high),CIEN.
Good luck on rest of the day....afternoon looks like GREEN $$$$$
BLOG does not give buy or sell.
Saleem
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