Ryder system...a component of transportation index...gave a profit warning...saying economy is slowing down.....is taking a toll on market today.....more of a profit taking than economic concern......
Barron's had a very negative article on LDK whivh is down 10%.....and also taking a toll on all solar shares......FSLR,TSL,STP,YGE,SOLF,JASO.......down across the board...
Gold is down $7.....
Oil is down $1.40.....
I made a "speculative purchase of XFML @ $10.10 "....I was introduced to this stock by Mina to review it and found lagging as compared to other Chinese plays......so far losing 48 Cents....will hold until profitable.....they are in media & finance programming with heavy emphasis on TV program production & consulting.
In my portfolio :
CMED down 5 Cents...
FMCN UP $1.25......moving UP after building a nice base for 10 days.........will challenge old high's very soon......
SINA down 19 cents .....building a base to launch its new highs assault.....very soon.....
SNDK UP 55 cents....after being beaten up on friday on spot nand pricing.....
NOK down 46 cents...still staying down from NVT purchase.....basing almost complete..should move higher....
NVDA UP 50 Cents...wants to go to new high's......
RIMM UP $2.39 to new all-time high on very heavy volume......looks like it wants to go to $140...
XFML UP 78 cents @ $9.72
@11.29AM the following stocks on my monitor aew Green :
GOOG (new high),AAPL(new high),BIDU(new high),AMZN(new high),
BRCM (new high),ICE,CTRP,SIRF,RVBD,NYX(higher highs),AOB,
VLO,GRMN,HLIT (new high),SOHU,CTDC (filing semi annual report),
HPQ (new high),AKAM,SNDA.
Good luck on rest of the day.
BLOG does not give buy or sell.
Please do your own due diligence and be comfortable with your position.
Saleem
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