Markets showed continued selling from open.......
@12.48 PM selling seems drying up.......
Posted late today .....as I am leaving for a New Year get-together around 3PM...so wanted to make a half day report.......
In my portfolio :
I sold my entire position in AAPL and booked a gain of $21.69 per share......why I sold it...no reason except I wanted to book gain and buy other stocks which were being sold off......
I added 50% more BIDU on this silly sell of due to accidental death of CFO........my cost moved UP to $377.54......
Doubled my position in LDK and my cost moved DOWN to $49.74....
Also purchased CSIQ my cost $28.33.......This stock is behaving very strong & wants to go UP...RSI is also attractive compared to other solar stocks except LDK.......
I personally believe that Solar will be among the strongest sector in 2008...thus I am OVERWEIGHT now $$$$$
BIDU Down $7.90.......
MA is "the-superstar in my show today UP $2.91"
CSIQ is UP 61 cents but I am almost flat.......
RIMM is down $2.73.......
LDK is down $1.40........
Most of the strong techs are down today on "thin trading".....do NOT know the reason WHY ?????
@12.55 the following are green :
VMW,ICE (getting close to all-time high),CTRP,MSO,CMED,NYX,
FSLR,ISRG,IFN,SOHU,SNDA,OXPS,NDAQ,MR,JADE,ENER,
I will post on New Year's day on tuesday by NOON.......
I wanted to reposition for 2008 today on weakness.......always like to buy on weakness...another of my many mantras which I strictly follow.......
Have a very happy New Year......
Please drink in extreme MODERATION.......
We all have a whole lot of LIVING to do !!!!!
Hoping for a very profitable new year $$$$$$
Good luck on rest of today's trading which ends @ 4PM.
Saleem
Monday, December 31, 2007
Saturday, December 29, 2007
MOMENTUM stocks for 2008 RUNUP $$$
The following stocks are showing momentum based on recent tape.Please use tight stop to limit loss.Also do FA to monitor changes.
AAPL,BIDU,RIMM,MA,LDK,FSLR,ASTI,TSL,SOLF,DRYS,AMZN,
AGU,CCJ,ICE,POT,CTRP,ABX,ISRG,WFR,SNE,GOOG,IFN,EWY,
STP,NDAQ,BG,GLD,GG,KGC,AUY.
Please do your own due diligence as there are many many stocks which are poised to move UP which I do NOT follow.
I normally restrict my watch list to about 100 stocks MAX...and try to sift through for inclusion in any list.
I expect STOCKS to outperform indices in 2008.
Focus should be on stocks to buy & trade...instead of worrying as to where Dow or NASDAQ will go on a day to day basis....this is exactly what I am doing.
I am NOT in the business of predicting where the markets will go in 2008.....I do NOT think anyone KNOWS.......
But we all CAN spot stocks which are ON the move or GOING to move.....charts & fundamental analysis steers US in the right direction......
Repeating & Repeating......buy strong stocks ONLY in 2008 with 80% $$ other 20% can go to 2nd tier...but NEVER bargain hunting from 52 week LOW list.......
Hope your plans are all set for a nice 2008 welcome party !!!!!
Happy New year in terms of health ,Happiness & almighty $$$.....
For the MOST part...we DO control the outcome for 2008.....it is ALL in how hard we try to IMPROVE things.....NO magic WAND in the world I live in.....
Hoping for a great finish to 2007 on Monday !!!!
Impatiently waiting for 2008 !!!!
Happiness is MORE important than anything...usually it does NOT cost anything to have an ATTITUDE which EMBRACES happiness...no matter what !!!!!
Thanks for sharing your precious time in my BLOG...It means a lot to me......
Ever Grateful for everything which I have been blessed with !!!
Saleem
AAPL,BIDU,RIMM,MA,LDK,FSLR,ASTI,TSL,SOLF,DRYS,AMZN,
AGU,CCJ,ICE,POT,CTRP,ABX,ISRG,WFR,SNE,GOOG,IFN,EWY,
STP,NDAQ,BG,GLD,GG,KGC,AUY.
Please do your own due diligence as there are many many stocks which are poised to move UP which I do NOT follow.
I normally restrict my watch list to about 100 stocks MAX...and try to sift through for inclusion in any list.
I expect STOCKS to outperform indices in 2008.
Focus should be on stocks to buy & trade...instead of worrying as to where Dow or NASDAQ will go on a day to day basis....this is exactly what I am doing.
I am NOT in the business of predicting where the markets will go in 2008.....I do NOT think anyone KNOWS.......
But we all CAN spot stocks which are ON the move or GOING to move.....charts & fundamental analysis steers US in the right direction......
Repeating & Repeating......buy strong stocks ONLY in 2008 with 80% $$ other 20% can go to 2nd tier...but NEVER bargain hunting from 52 week LOW list.......
Hope your plans are all set for a nice 2008 welcome party !!!!!
Happy New year in terms of health ,Happiness & almighty $$$.....
For the MOST part...we DO control the outcome for 2008.....it is ALL in how hard we try to IMPROVE things.....NO magic WAND in the world I live in.....
Hoping for a great finish to 2007 on Monday !!!!
Impatiently waiting for 2008 !!!!
Happiness is MORE important than anything...usually it does NOT cost anything to have an ATTITUDE which EMBRACES happiness...no matter what !!!!!
Thanks for sharing your precious time in my BLOG...It means a lot to me......
Ever Grateful for everything which I have been blessed with !!!
Saleem
Technically STRONG stocks for 2008 RUNUP $$$
The following stocks are showing technical strength based on various formations.Please use tight stop to limit loss.Always check FA for a balanced view.
DRYS,CALM,AUY,ASTI,CNET,AMZN,SLB,SIRF,BHI,ADBE,HAL,
ALTR,ALTI,ISIL,RVBD,NLY,GME,TASR,AMAT,EMC,SHFL.
TSX ( Toronto Stock Exchange)
PCA,CYS,CTC.A,CGS,MFI,VT,SLW,ATA,NKO,ALS.
BLOG does NOT give buy or sell.
Saleem
DRYS,CALM,AUY,ASTI,CNET,AMZN,SLB,SIRF,BHI,ADBE,HAL,
ALTR,ALTI,ISIL,RVBD,NLY,GME,TASR,AMAT,EMC,SHFL.
TSX ( Toronto Stock Exchange)
PCA,CYS,CTC.A,CGS,MFI,VT,SLW,ATA,NKO,ALS.
BLOG does NOT give buy or sell.
Saleem
Technically WEAK stocks for 2008 RUNUP $$$
The following stocks are showing technical weakness based on various formations.Please cross check FA for a balanced view.Always use tight stop to limit loss.
FMCN,CSCO,NVDA,SNDA,HPQ,STX,WYE,MOT,CA,CROX,ARBA,
TROW,SKM,GILD,ADI.
TSX ( Toronto Stock Exchange)
CLS,MLC,HXD,WFI,TIH,XIN.
BLOG does NOT give buy or sell.
Saleem
FMCN,CSCO,NVDA,SNDA,HPQ,STX,WYE,MOT,CA,CROX,ARBA,
TROW,SKM,GILD,ADI.
TSX ( Toronto Stock Exchange)
CLS,MLC,HXD,WFI,TIH,XIN.
BLOG does NOT give buy or sell.
Saleem
Friday, December 28, 2007
Markets went nowhere......
Markets went nowhere today.....
Dow & S&P 500 were token green and Nasdaq liked red......
Monday will be another lackluster day.......
Next whole week it will be "thin trading"....
We MAY get some UP move on thursday & friday.....I hope.....
In my portfolio :
BIDU,RIMM & MA were red.....
AAPL & LDK were green....
Down .3% for the day.......
For the week I was UP 1.6% overall .......after factoring a loss of 1.2% in Canadian $ short...hoping to make more money in my CAD short starting monday...I hope......as I expect US$ to start moving UP !!!
Be ready for an extremely low volume monday.......washing car may be more exciting that day...or if you prefer to wax your car ....it should get you in the mood for new years eve......
2008 should be a very good year for stocks.....as we have suffered big time in 2007 ...thanks to sub-prime/housing fiasco.......
I will be posting technically weak/strong & momentum stocks by 10 AM Saturday......
BLOG does NOT give buy or sell.
Saleem
Dow & S&P 500 were token green and Nasdaq liked red......
Monday will be another lackluster day.......
Next whole week it will be "thin trading"....
We MAY get some UP move on thursday & friday.....I hope.....
In my portfolio :
BIDU,RIMM & MA were red.....
AAPL & LDK were green....
Down .3% for the day.......
For the week I was UP 1.6% overall .......after factoring a loss of 1.2% in Canadian $ short...hoping to make more money in my CAD short starting monday...I hope......as I expect US$ to start moving UP !!!
Be ready for an extremely low volume monday.......washing car may be more exciting that day...or if you prefer to wax your car ....it should get you in the mood for new years eve......
2008 should be a very good year for stocks.....as we have suffered big time in 2007 ...thanks to sub-prime/housing fiasco.......
I will be posting technically weak/strong & momentum stocks by 10 AM Saturday......
BLOG does NOT give buy or sell.
Saleem
Markets digesting many cross-currents ???
Markets have lot to digest these days........
Housing,credit,slowdown,retail,Geo-political,high oil prices & year-end selling by institutions.....
Considering all the above......
Markets are holding pretty GOOD !!!!
You must understand & follow the dynamics of the market.......
Whether markets are going down or UP........
It is the-stocks selection which matters.......
There is NO easy pill in existence.... to accomplish that....
It is all about..... where you see your stocks by year end & WHY.....
Why...... is where knowing about FA & TA comes into play.......
If you are looking for easy answer to find those GEMS...then you will NOT get the full benefit of knowing what to buy when to buy and more importantly......when to sell........
Stop using daily.... tick by tick monitoring...NOT good for your physical or financial health.......
Because if you are doing that ...you are allowing markets to CONTROL you.......that is too-much power given to market manipulators........
Follow weekly & monthly monitoring....you will feel much better about your health & wealth.....
Markets will NOT be normal until week of Jan 11.......
So relax...... & try to enjoy the holidays....maybe visit some family/friends or plan some get together.......& catch up on gossips.......
In my portfolio :
BIDU is UP $2.47....
MA is UP 92 cents....
AAPL is UP $1.68....
RIMM UP 95 cents ....
LDK is UP 38 cents.....
LDK backed off to build a base......then it should be ready to move UP !!!!
Patience & conviction is a requirement to make serious money.......so change your bad trading habbits...& try to relax and enjoy your stocks selection......
@11.31 AM the following are green :
AGU,SOLF,CCJ,TSL,POT,IGT,CTRP,WYNN,CMED,ABX,AMZN,
IFN,GOOG,DRYS,CIEN.
Good luck for rest of the day.
Have you done a written investing/trading objectives for 2008 ? you need all the details....like:
-Starting $ invested
-Starting portfolio value
-List of stocks to invest in & why......very important of all
-monthly return expectations
-Maximum exposure in terms of $$ invested.....a cut off point
-Maximum portfolio value..also a cut off point enforced...too-much exposure is NEVER good...
-A page to monitor all of the above
BLOG does NOT give buy or sell.
Saleem
Housing,credit,slowdown,retail,Geo-political,high oil prices & year-end selling by institutions.....
Considering all the above......
Markets are holding pretty GOOD !!!!
You must understand & follow the dynamics of the market.......
Whether markets are going down or UP........
It is the-stocks selection which matters.......
There is NO easy pill in existence.... to accomplish that....
It is all about..... where you see your stocks by year end & WHY.....
Why...... is where knowing about FA & TA comes into play.......
If you are looking for easy answer to find those GEMS...then you will NOT get the full benefit of knowing what to buy when to buy and more importantly......when to sell........
Stop using daily.... tick by tick monitoring...NOT good for your physical or financial health.......
Because if you are doing that ...you are allowing markets to CONTROL you.......that is too-much power given to market manipulators........
Follow weekly & monthly monitoring....you will feel much better about your health & wealth.....
Markets will NOT be normal until week of Jan 11.......
So relax...... & try to enjoy the holidays....maybe visit some family/friends or plan some get together.......& catch up on gossips.......
In my portfolio :
BIDU is UP $2.47....
MA is UP 92 cents....
AAPL is UP $1.68....
RIMM UP 95 cents ....
LDK is UP 38 cents.....
LDK backed off to build a base......then it should be ready to move UP !!!!
Patience & conviction is a requirement to make serious money.......so change your bad trading habbits...& try to relax and enjoy your stocks selection......
@11.31 AM the following are green :
AGU,SOLF,CCJ,TSL,POT,IGT,CTRP,WYNN,CMED,ABX,AMZN,
IFN,GOOG,DRYS,CIEN.
Good luck for rest of the day.
Have you done a written investing/trading objectives for 2008 ? you need all the details....like:
-Starting $ invested
-Starting portfolio value
-List of stocks to invest in & why......very important of all
-monthly return expectations
-Maximum exposure in terms of $$ invested.....a cut off point
-Maximum portfolio value..also a cut off point enforced...too-much exposure is NEVER good...
-A page to monitor all of the above
BLOG does NOT give buy or sell.
Saleem
Thursday, December 27, 2007
Year end selloff continues......
Markets continued its relentless selling.....
S&P500 slipped below 1490 level...closing @ 1476.27......
There is two more days of year end selling by institutions.....
In my portfolio :
BIDU was the superstar UP $9.53...... slated for a breakout @ $421.89...for a target of $464.20..
MA was UP 55 cents ..slated for breakout @ $217.72.....for a target of $236.20...
AAPL was down 38 cents on higher highs...slated for breakout @ $202.32 for a target of $219.10...
RIMM was down $1.58.....
LDK was the big loser down $4.36...technically looking strong for Friday with a rating of 80/95 by www.stockconsultant.com ...which provided all the above breakout points.....on BIDU,AAPL & MA.....
My portfolio was down .5%.....not bad considering Nasdaq was down almost 48 points or 1.75%..
Shipping stocks came to life today with DRYS & DSX being strong......
AMZN was also strong.....
POT was strong...on upgrade by GS...
Please ensure that you have the sustainability of waiting out the current sell off...which MAY continue in new year also.......
Always have the readiness for "worse case scenario".....or else you will be forced to sell in panic near LOW ......NOT a good way to start 2008.......
Never ever be OVEREXPOSED to this crazy market......EVER !!!
If you are overexposed then sell something immediately to "increase your comfort level with the market and your stocks"
Always have 4 to 5 stocks in different strong sectors......
Never buy too many shares of any stock...no matter how bullish you ever are !!!!
These common sense approach I have emphasized for many months now.......
I DO practice what I PREACH...just look @ my portfolio....
I also pulled more money out from market yesterday..before I bought LDK TWICE...This is my way of reducing exposure to the market.....since Aug I have been pulling money out every time I had big gains.....what you don't own cannot hurt you !!!
This strategy is very important for traders......limiting exposure all the time & rewarding yourself with each successful trade $$$
Good luck on your sane strategy...2008 has to be MORE productive ...if you play it SMART & WISE $$$$$
BLOG does NOT give buy or sell.
Thanks for sharing your thoughts in today's sad news......
Saleem
S&P500 slipped below 1490 level...closing @ 1476.27......
There is two more days of year end selling by institutions.....
In my portfolio :
BIDU was the superstar UP $9.53...... slated for a breakout @ $421.89...for a target of $464.20..
MA was UP 55 cents ..slated for breakout @ $217.72.....for a target of $236.20...
AAPL was down 38 cents on higher highs...slated for breakout @ $202.32 for a target of $219.10...
RIMM was down $1.58.....
LDK was the big loser down $4.36...technically looking strong for Friday with a rating of 80/95 by www.stockconsultant.com ...which provided all the above breakout points.....on BIDU,AAPL & MA.....
My portfolio was down .5%.....not bad considering Nasdaq was down almost 48 points or 1.75%..
Shipping stocks came to life today with DRYS & DSX being strong......
AMZN was also strong.....
POT was strong...on upgrade by GS...
Please ensure that you have the sustainability of waiting out the current sell off...which MAY continue in new year also.......
Always have the readiness for "worse case scenario".....or else you will be forced to sell in panic near LOW ......NOT a good way to start 2008.......
Never ever be OVEREXPOSED to this crazy market......EVER !!!
If you are overexposed then sell something immediately to "increase your comfort level with the market and your stocks"
Always have 4 to 5 stocks in different strong sectors......
Never buy too many shares of any stock...no matter how bullish you ever are !!!!
These common sense approach I have emphasized for many months now.......
I DO practice what I PREACH...just look @ my portfolio....
I also pulled more money out from market yesterday..before I bought LDK TWICE...This is my way of reducing exposure to the market.....since Aug I have been pulling money out every time I had big gains.....what you don't own cannot hurt you !!!
This strategy is very important for traders......limiting exposure all the time & rewarding yourself with each successful trade $$$
Good luck on your sane strategy...2008 has to be MORE productive ...if you play it SMART & WISE $$$$$
BLOG does NOT give buy or sell.
Thanks for sharing your thoughts in today's sad news......
Saleem
Markets are hurting with assassination & economic data !!
Markets are taking a tumble after hearing of the assassination of former Prime Minister Benazir Bhutto.......whom I had the privilege of meeting once......
A tragedy for Pakistan & Free World...Benazir was Educated @ Boston College & Harvard and was forward thinking and a "moderate"......
I am "stunned & angry @ her murder"...feeling embarrassed to be a Pakistani........
Was exchanging email & phone calls with many friends who are equally in shock & horror......
Sorry for taking so much space which may NOT concern others......
In market.....two set of data which came this AM are hurting market......also .......
In my portfolio :
BIDU,AAPL,RIMM & MA are UP......
LDK alongwith other solar stocks are taking on the chin...down $3.11.....
Ag stocks got a big boost from GS with a buy rating on POT & AGU.....targets increased on all...
AMZN & DRYS are strong.......
Please continue doing your due diligence and position properly for 2008.....
BLOG does NOT give buy or sell.
Saleem
A tragedy for Pakistan & Free World...Benazir was Educated @ Boston College & Harvard and was forward thinking and a "moderate"......
I am "stunned & angry @ her murder"...feeling embarrassed to be a Pakistani........
Was exchanging email & phone calls with many friends who are equally in shock & horror......
Sorry for taking so much space which may NOT concern others......
In market.....two set of data which came this AM are hurting market......also .......
In my portfolio :
BIDU,AAPL,RIMM & MA are UP......
LDK alongwith other solar stocks are taking on the chin...down $3.11.....
Ag stocks got a big boost from GS with a buy rating on POT & AGU.....targets increased on all...
AMZN & DRYS are strong.......
Please continue doing your due diligence and position properly for 2008.....
BLOG does NOT give buy or sell.
Saleem
Wednesday, December 26, 2007
Solar hurricane lifting all boats $$$
Solar stocks have taken off like wild fire on Wall Street......
Even highly speculative solar are recording "huge gains"
CSUN,AKNS,CTDC....have NO earnings ...but are UP,UP & UP.....
What is this "telling US" ??????
The message is simple.......
Now that China has announced their committment to alternative Energy today.......
The valuation will go "sky high"......
Reminds me of "internet craze"...when YHOO was UP,UP & UP on "no news"
So how do you play this Solar Bonanza ?????
Have a mix of high quality & some near quality stocks......
I will discourage you from jumping in highly specualtive ones.....
Please check RSI before buying any Solar stocks.....as some are really EXTENDED.......
In my portfolio :
I added 30% more LDK again...my cost went down to $52.16...LDK remains "oversold based on RSI of 53.34 as of todays close"......LDK technically is also very healthy as it is way above 50 DMA of $41.55 closed @ $51.88......there is resistance between $53.78 to $55.00..after that immediate target is $58.80...then ......$62.......
I was down 28 cents on my purchase in LDK........
BIDU had a "mother of all rally UP $19.09"...only $29.52 from all-time high.....
AAPL went to $200.96 then retraced closing UP 15 Cents.......a new all-time high was reached today $$$$
MA took a rest today due to retail negative news down $2.64...expecting a big UP move anytime $$$$
RIMM was UP 96 cents...after basing for few days.......
My portfolio was UP .9% today..because I was down .4% in my CAD short...
Today I closed my trading fiscal year for tax purposes......I am extremely proud of my FINAL "printout numbers ready to go with my tax filing"
My stock portfolio for 2007 was UP 344.1%...with NO options.......all stocks !!!!
In my Canadian $ short I am further UP 90% as of todays close.....
Overall stocks plus CAD short gain totals UP to 434.10%.......
I did 290 trades in 2007...means on average I did 1.32 trade per trading day....
I intend to CUT down on my trading substantially in 2008.......
Please note that my current portfolio GAIN is NOT factored in my 2007 numbers...those will go in my 2008 tax filing........
Well......it is very NICE to close the year on such a HIGH note $$$$$....It is a RARITY for me !!!
If you are wondering as to HOW I did it......lot of FA & TA is involved.....
Homework & hardwork & DAILY monitoring of many good IDEAS did it.......
I had many many HOME RUNS...none trumpeted on CNBC.....or by so-called GENIUSES on MB...
@ best MB generally HURT inexperienced investors big-time......as MOST posters are "big pretenders of their activities.....where TRUTH is DEFOCUSSED big time..LYING is the name of the game..."
MB is full of OPINIONS backed by NO facts of FA or TA.......Opinions are given when NOT asked.... or given when they have NEVER owned those stocks.....so NO CREDIBILTY ever.....
So...if you want to make "serious money do NOT waste your time on MB or CNBC...learn FA & TA in "peace & quiet".....
Know the industry trends in terms of future growth......with a "worldwide view"....
BLOG does NOT give BUY or SELL.
Good luck in 2008.....it has already started as of today...what you own NOW belongs to 2008..... unless it is OPTIONS which has next day settlement.
Saleem
Even highly speculative solar are recording "huge gains"
CSUN,AKNS,CTDC....have NO earnings ...but are UP,UP & UP.....
What is this "telling US" ??????
The message is simple.......
Now that China has announced their committment to alternative Energy today.......
The valuation will go "sky high"......
Reminds me of "internet craze"...when YHOO was UP,UP & UP on "no news"
So how do you play this Solar Bonanza ?????
Have a mix of high quality & some near quality stocks......
I will discourage you from jumping in highly specualtive ones.....
Please check RSI before buying any Solar stocks.....as some are really EXTENDED.......
In my portfolio :
I added 30% more LDK again...my cost went down to $52.16...LDK remains "oversold based on RSI of 53.34 as of todays close"......LDK technically is also very healthy as it is way above 50 DMA of $41.55 closed @ $51.88......there is resistance between $53.78 to $55.00..after that immediate target is $58.80...then ......$62.......
I was down 28 cents on my purchase in LDK........
BIDU had a "mother of all rally UP $19.09"...only $29.52 from all-time high.....
AAPL went to $200.96 then retraced closing UP 15 Cents.......a new all-time high was reached today $$$$
MA took a rest today due to retail negative news down $2.64...expecting a big UP move anytime $$$$
RIMM was UP 96 cents...after basing for few days.......
My portfolio was UP .9% today..because I was down .4% in my CAD short...
Today I closed my trading fiscal year for tax purposes......I am extremely proud of my FINAL "printout numbers ready to go with my tax filing"
My stock portfolio for 2007 was UP 344.1%...with NO options.......all stocks !!!!
In my Canadian $ short I am further UP 90% as of todays close.....
Overall stocks plus CAD short gain totals UP to 434.10%.......
I did 290 trades in 2007...means on average I did 1.32 trade per trading day....
I intend to CUT down on my trading substantially in 2008.......
Please note that my current portfolio GAIN is NOT factored in my 2007 numbers...those will go in my 2008 tax filing........
Well......it is very NICE to close the year on such a HIGH note $$$$$....It is a RARITY for me !!!
If you are wondering as to HOW I did it......lot of FA & TA is involved.....
Homework & hardwork & DAILY monitoring of many good IDEAS did it.......
I had many many HOME RUNS...none trumpeted on CNBC.....or by so-called GENIUSES on MB...
@ best MB generally HURT inexperienced investors big-time......as MOST posters are "big pretenders of their activities.....where TRUTH is DEFOCUSSED big time..LYING is the name of the game..."
MB is full of OPINIONS backed by NO facts of FA or TA.......Opinions are given when NOT asked.... or given when they have NEVER owned those stocks.....so NO CREDIBILTY ever.....
So...if you want to make "serious money do NOT waste your time on MB or CNBC...learn FA & TA in "peace & quiet".....
Know the industry trends in terms of future growth......with a "worldwide view"....
BLOG does NOT give BUY or SELL.
Good luck in 2008.....it has already started as of today...what you own NOW belongs to 2008..... unless it is OPTIONS which has next day settlement.
Saleem
Stocks marking time for tax loss selling !!!
Stocks as predicted opened down & staying down......
Reasons for weakness were weak retail sales......NO news there....considering the challenges in economy & housing/credit crunch......
There is a very good chance that we will close GREEN.......That is the OPTIMISTIC me talking !!!
In my portfolio :
I added 32% MA...my cost went down to $210.72.....
I bought LDK as it REMAINS the most "undervalued solar stock for 2008" my cost $52.23.....
BIDU is "the-superstar in my show today" UP $10.19.......
MA is down $2.87......
AAPL is UP 38 cents.....
RIMM is down $1.62....
LDK is UP $2.84 ...but I am down 71 cents....
@11.36 AM the following are green :
AGU (new high),CCJ,SOLF (new high),CSIQ(new high),CSUN,
TSL,SIRF,POT(new high),TSO,ABX,FSLR(new high),SPWR,
AMZN,SNE,IFN,GOOG,NMR,HOKU,ESLR(new high),GRMN,
MR,ASTI.
I am trying to create a portfolio which will NOT require too many trades in 2008.....that may be a "wishful thinking"...but...@ least I am planning......
The only guide to my trading activity will be RSI reading......hate to ignore that very "reliable trading alert"
Good luck on rest of the day.
BLOG does NOT give buy or sell.
Please retink your strategy based on "what you missed big time...plus AVOID all the mistake you have REPEATEDLY made"
Do intense DAILY FA/TA....and then develop CONVICTION......
Conviction WITHOUT FA/TA has NO meaning......
So....position well for a much better 2008 $$$$$
Saleem
Reasons for weakness were weak retail sales......NO news there....considering the challenges in economy & housing/credit crunch......
There is a very good chance that we will close GREEN.......That is the OPTIMISTIC me talking !!!
In my portfolio :
I added 32% MA...my cost went down to $210.72.....
I bought LDK as it REMAINS the most "undervalued solar stock for 2008" my cost $52.23.....
BIDU is "the-superstar in my show today" UP $10.19.......
MA is down $2.87......
AAPL is UP 38 cents.....
RIMM is down $1.62....
LDK is UP $2.84 ...but I am down 71 cents....
@11.36 AM the following are green :
AGU (new high),CCJ,SOLF (new high),CSIQ(new high),CSUN,
TSL,SIRF,POT(new high),TSO,ABX,FSLR(new high),SPWR,
AMZN,SNE,IFN,GOOG,NMR,HOKU,ESLR(new high),GRMN,
MR,ASTI.
I am trying to create a portfolio which will NOT require too many trades in 2008.....that may be a "wishful thinking"...but...@ least I am planning......
The only guide to my trading activity will be RSI reading......hate to ignore that very "reliable trading alert"
Good luck on rest of the day.
BLOG does NOT give buy or sell.
Please retink your strategy based on "what you missed big time...plus AVOID all the mistake you have REPEATEDLY made"
Do intense DAILY FA/TA....and then develop CONVICTION......
Conviction WITHOUT FA/TA has NO meaning......
So....position well for a much better 2008 $$$$$
Saleem
Tuesday, December 25, 2007
2007...the year it WAS !!!!
Now that wed is the last day to trade for 2007......
Let us look back and see what happened in the past year.......
If you would have bet on shorting Nasdaq with a QID......you bought @ $55 and ending the year @ $36.44 a loss of $18.56 per share...a 33.7% loss per share.....
Shorting does have Sex appeal...but it is PAINFUL most of the time......
But if you would have bought the following @ start of the year ...guess what $$$$$
RIMM was @ $40.... and now @ $117.98 ....a gain of $77.98 per share or a gain of 194.9% per share.....
I did NOT catch all of the GAIN in RIMM but caught everything from $54 onwards......not bad for a 62 year old trader and still holding.......
AAPL was $82 ...and now $198.80....a gain of $116.80 per share or a gain of 142.4% per share....
I missed most of the AAPL run till $165 but got it all since...still holding......
Why I am highlighting these two stocks ????
We all try very hard to make some money year over year......but most fail to make a big DENT in their performance...WHY ?????
Because we are looking for a home -run overnight.......there is NO such thing...if you factor all the strike-out......
So...what can you learn from the above 3 example.......?????
There are some very good stocks who will perform better than market...most of the time year after year......
So Why NOT put 50% of your trading $ into those Solid stocks and leave them ALONE for 12 months......
I am ALMOST certain that they will beat any system you are trying to follow.......bar NONE !!!!
So for 2008 instead of going for FAD & trading like "drunken sailor" try something more sobering......Calm down & place your bet for the year $$$$$
This way you can keep your other 50% $$$ in high yielding money market funds...and manage your $$ in a more sane manner......
This way ...you can devote your time to more important things...like work,family,gardening,car maintenance & other things which needs your precious time !!!!!!
Life is NOT suppose to be this complicated...but we go out of the way to make it painful......why mostly because of GREED !!!!
There is NO need to keep UP with JONES of the world.......
Create your own world of peace,tranquility & harmony !!!!!!
Good luck on your OWN due diligence.
I am always here to answer any question.... to help you on your way to the promise land.
Good luck for 2008!!!!
Saleem
Let us look back and see what happened in the past year.......
If you would have bet on shorting Nasdaq with a QID......you bought @ $55 and ending the year @ $36.44 a loss of $18.56 per share...a 33.7% loss per share.....
Shorting does have Sex appeal...but it is PAINFUL most of the time......
But if you would have bought the following @ start of the year ...guess what $$$$$
RIMM was @ $40.... and now @ $117.98 ....a gain of $77.98 per share or a gain of 194.9% per share.....
I did NOT catch all of the GAIN in RIMM but caught everything from $54 onwards......not bad for a 62 year old trader and still holding.......
AAPL was $82 ...and now $198.80....a gain of $116.80 per share or a gain of 142.4% per share....
I missed most of the AAPL run till $165 but got it all since...still holding......
Why I am highlighting these two stocks ????
We all try very hard to make some money year over year......but most fail to make a big DENT in their performance...WHY ?????
Because we are looking for a home -run overnight.......there is NO such thing...if you factor all the strike-out......
So...what can you learn from the above 3 example.......?????
There are some very good stocks who will perform better than market...most of the time year after year......
So Why NOT put 50% of your trading $ into those Solid stocks and leave them ALONE for 12 months......
I am ALMOST certain that they will beat any system you are trying to follow.......bar NONE !!!!
So for 2008 instead of going for FAD & trading like "drunken sailor" try something more sobering......Calm down & place your bet for the year $$$$$
This way you can keep your other 50% $$$ in high yielding money market funds...and manage your $$ in a more sane manner......
This way ...you can devote your time to more important things...like work,family,gardening,car maintenance & other things which needs your precious time !!!!!!
Life is NOT suppose to be this complicated...but we go out of the way to make it painful......why mostly because of GREED !!!!
There is NO need to keep UP with JONES of the world.......
Create your own world of peace,tranquility & harmony !!!!!!
Good luck on your OWN due diligence.
I am always here to answer any question.... to help you on your way to the promise land.
Good luck for 2008!!!!
Saleem
Monday, December 24, 2007
Market closed well above resistance $$$
Market closed S&P500 @ 1496.45 .....well above much-dreaded resistance of 1490......
There MAY be initial selloff on wed in the name of POOR retail sales...citing price discounting...
This is another excuse to lock-in profit & sell losers.......
I will be looking to BUY on that DIP...IF it happens......
Wed MAY RETEST support on S&P and I am betting on it holding ABOVE 1490.....
No matter what..... I WILL buy on wed......
In my portfolio :
AAPL was "the superstar in my show" UP $4.89 & highest close on a breakout.....next target $212......
SOLF gave me the fastest $ FUN trade...$7.28 per share in 4 trading days !!!!
RIMM was taking a "well deserved nap...hopefully....will wake UP on wed" down 65 cents.....
BIDU was UP 13 Cents......
MA gave me 67 cents.....
My portfolio is :
AAPL,BIDU,MA & RIMM.....
Solar stocks are flying...most of them hitting new 52 wk high $$$$$
I MAY be adding Solar on wed...strength is INCREDIBLE.....
My portfolio was UP 2.2% but...... some of that will be taken away by Canadian $ short which went against me today.....will know the exact amount in AM......
Wishing everyone a Merry Christmas.......
Enjoy the Dinner & Gift from NEAR & DEAR ones......
BLOG does NOT give buy or sell.
I will be happy to answer any strategy question or stock opinion between now & market open on wed.....
It is all part of your due diligence......
I thank 39,400 visitors to my BLOG .....I am very grateful that my analysis is factored in your decision making.
Saleem
There MAY be initial selloff on wed in the name of POOR retail sales...citing price discounting...
This is another excuse to lock-in profit & sell losers.......
I will be looking to BUY on that DIP...IF it happens......
Wed MAY RETEST support on S&P and I am betting on it holding ABOVE 1490.....
No matter what..... I WILL buy on wed......
In my portfolio :
AAPL was "the superstar in my show" UP $4.89 & highest close on a breakout.....next target $212......
SOLF gave me the fastest $ FUN trade...$7.28 per share in 4 trading days !!!!
RIMM was taking a "well deserved nap...hopefully....will wake UP on wed" down 65 cents.....
BIDU was UP 13 Cents......
MA gave me 67 cents.....
My portfolio is :
AAPL,BIDU,MA & RIMM.....
Solar stocks are flying...most of them hitting new 52 wk high $$$$$
I MAY be adding Solar on wed...strength is INCREDIBLE.....
My portfolio was UP 2.2% but...... some of that will be taken away by Canadian $ short which went against me today.....will know the exact amount in AM......
Wishing everyone a Merry Christmas.......
Enjoy the Dinner & Gift from NEAR & DEAR ones......
BLOG does NOT give buy or sell.
I will be happy to answer any strategy question or stock opinion between now & market open on wed.....
It is all part of your due diligence......
I thank 39,400 visitors to my BLOG .....I am very grateful that my analysis is factored in your decision making.
Saleem
Market saying Merry Christmas...S&P above resistance !!!
Markets are showing strength......
S&P 500 above 1490 resistance.....
In my portfolio :
I bought MA @ open ..my cost $211.45.....It has been rated for a breakout @ $218.07 with a target price of $235.06... by www.stockconsultant.com
MA is UP 40 cents @ $212.75.......so I am UP $1.30 per share so far......
I sold all SOLF @ $33.25 to book a gain of $7.29 per share.....gave a christmas bonus to myself$$$...Idea is to make money ASAP...
BIDU is UP 45 cents......
AAPL is UP $4.17...it had a breakout today and the target is $212.00 as per www.stockconsultant.com
RIMM is in & out of green currently down 13 cents.....
My portfolio is :
BIDU,MA,AAPL,RIMM......
@11.20 AM the following are green :
C,LDK,TSL,ICE,POT(new high),AGU (new high),NVDA,NMX,
FSLR(new high),SPWR,ISRG,WFR(new high),IFN,EWY,CSIQ,
ESLR,INFY,JASO.
Today market is closing @ 1.00 PM......
Good luck for the next 90 minutes.
BLOG does NOT give buy or sell.
Saleem
S&P 500 above 1490 resistance.....
In my portfolio :
I bought MA @ open ..my cost $211.45.....It has been rated for a breakout @ $218.07 with a target price of $235.06... by www.stockconsultant.com
MA is UP 40 cents @ $212.75.......so I am UP $1.30 per share so far......
I sold all SOLF @ $33.25 to book a gain of $7.29 per share.....gave a christmas bonus to myself$$$...Idea is to make money ASAP...
BIDU is UP 45 cents......
AAPL is UP $4.17...it had a breakout today and the target is $212.00 as per www.stockconsultant.com
RIMM is in & out of green currently down 13 cents.....
My portfolio is :
BIDU,MA,AAPL,RIMM......
@11.20 AM the following are green :
C,LDK,TSL,ICE,POT(new high),AGU (new high),NVDA,NMX,
FSLR(new high),SPWR,ISRG,WFR(new high),IFN,EWY,CSIQ,
ESLR,INFY,JASO.
Today market is closing @ 1.00 PM......
Good luck for the next 90 minutes.
BLOG does NOT give buy or sell.
Saleem
Sunday, December 23, 2007
Tax LOSS selling !!!!
Please note that last date for tax loss selling is Wed Dec 26............on US exchange !!!
In Canada it is Monday Dec 24th........as Canadian Exchange are closed on 26 to celebrate Boxing day...
Why these dates are important ??????
Because....if you are planning to buy or SELL any stock.....
Investors & traders will be looking to book GAINS or LOSS on/by those days.....
So a little pre-planning to buy or sell MAY be a very good idea.......
So......if you are planning to sell any stock on US exchange.....it may be profitable to do so on Monday the 24th.......
Conversely.....if you are planning to buy any stock on US exchange.....you MAY get it CHEAPER on 26th.....when everybody is trying to lock gains or lock loss......thus a downward pressure on stocks.......that is the THEORY anyway...whether it pans out or NOT....it depends on what the overall market wants to do......stocks generally follow market trends.......
Also..... there MAY be buying pressure on strong stocks...thus prices may be HIGHER......@ best wall street is a crap shoot........
@ least..... you can factor one MORE thing in your decision making !!!!!
Who said......it is EASY to make MONEY on Wall Street !!!!!
BLOG does NOT give buy or sell.
Saleem
In Canada it is Monday Dec 24th........as Canadian Exchange are closed on 26 to celebrate Boxing day...
Why these dates are important ??????
Because....if you are planning to buy or SELL any stock.....
Investors & traders will be looking to book GAINS or LOSS on/by those days.....
So a little pre-planning to buy or sell MAY be a very good idea.......
So......if you are planning to sell any stock on US exchange.....it may be profitable to do so on Monday the 24th.......
Conversely.....if you are planning to buy any stock on US exchange.....you MAY get it CHEAPER on 26th.....when everybody is trying to lock gains or lock loss......thus a downward pressure on stocks.......that is the THEORY anyway...whether it pans out or NOT....it depends on what the overall market wants to do......stocks generally follow market trends.......
Also..... there MAY be buying pressure on strong stocks...thus prices may be HIGHER......@ best wall street is a crap shoot........
@ least..... you can factor one MORE thing in your decision making !!!!!
Who said......it is EASY to make MONEY on Wall Street !!!!!
BLOG does NOT give buy or sell.
Saleem
Saturday, December 22, 2007
MOMENTUM stocks for year end RALLY $$$
The following stocks are showing momentum recently.Please do your own due diligence and use tight stop.
RIMM,BIDU,AAPL,SOLF,STP,FSLR,MA,CTRP,IFN,EWY,
AGU,CSIQ,YGE,TSL,ICE,NVDA,NYX,NMX,ISRG,WFR,
SNE,AMZN,GOOG,MR,HPQ,NDAQ,JASO.
BLOG does NOT give buy or sell.
Saleem
RIMM,BIDU,AAPL,SOLF,STP,FSLR,MA,CTRP,IFN,EWY,
AGU,CSIQ,YGE,TSL,ICE,NVDA,NYX,NMX,ISRG,WFR,
SNE,AMZN,GOOG,MR,HPQ,NDAQ,JASO.
BLOG does NOT give buy or sell.
Saleem
Technically STRONG stocks for year end RALLY $$$
The following stocks are showing technical strength based on various formations.Please update with FA.Always use tight STOP to limit loss.
XOM,SLB,OXY,MDR,ATHR,ETN,EV,EBAY,CHK,LTR,MF,
MSFT,QLGC,MENT,EK,GSS,BGG,VCLK,BG,USU,MCRL,SSTI,HPOL.
TSX (Toronto Stock Exchange)
Saleem
XOM,SLB,OXY,MDR,ATHR,ETN,EV,EBAY,CHK,LTR,MF,
MSFT,QLGC,MENT,EK,GSS,BGG,VCLK,BG,USU,MCRL,SSTI,HPOL.
TSX (Toronto Stock Exchange)
DML,AGI,CG,QUA,SNC,MGA,RCI.A.
BLOG does NOT give buy or sell.Saleem
Technically WEAK stocks for year end RALLY $$$
The following stocks are showing technical weakness based on various formation.Please do FA for a balanced view.Always use tight STOP to limit loss.
XING,ASML,WYNN,RS,ELN,RNWK,BSX,SGP,BHP,PAAS,ITW,
GG,CRNT,HRB.NETC,WINN,ESI,SPIL,APOL,MSCC,FPL,ACGL.
TSX (Toronto Stock Exchange)
ABX,MFC,OCX,CFW,U,FM,FNX,ABT,SOY.
BLOG does NOT give buy or sell.
Saleem
XING,ASML,WYNN,RS,ELN,RNWK,BSX,SGP,BHP,PAAS,ITW,
GG,CRNT,HRB.NETC,WINN,ESI,SPIL,APOL,MSCC,FPL,ACGL.
TSX (Toronto Stock Exchange)
ABX,MFC,OCX,CFW,U,FM,FNX,ABT,SOY.
BLOG does NOT give buy or sell.
Saleem
Friday, December 21, 2007
Markets looking beyond "slowdown in economy"
Markets are giving "signal that all is NOT unwell & issues are getting resolved very quickly"
Market internals were very strong on all indices...looks good for monday !!!
Markets are ready to stage a strong exit & entry to a more normal new year......
While you all relaxing & enjoying "festive moments with family & friends"....spare some quality time to printout a strategy & stocks to work with in 08......
Unless you have a document to measure against......then you have NO plan to execute for 08....
Do NOT look for MB or BLOGS to give you tickers.......
Work on your OWN and find reason to own QUALITY.....
No matter what the economy does....there are hundreds of stocks which go UP daily.....
Do NOT give yourself any EXCUSE as to why you are NOT achieving your objectives......if you do your OWN homework....you CAN exceed your targets $$$$$
You need to get AWAY from NOISE of MB & CNBC to concentrate on your OWN focus......
RESEARCH & CONVICTION is a MUST to make serious money......
Trading for the sake of trading MUST be CURTAILED.....by doing that you are trying to compound your problems of bad timing & bad picks......which is a very expensive way to figure out this market......
I have tried very hard by my transparency to LEAD by example.......by listing my cost of each trade as it occurs in real -time.........
For the week I ended UP 3.5% overall.......even after taking a big beating in my Canadian $ short....I lost 2.7% in my short ...... as CAD went against me 4 out of 5 days.....this week.....
My portfolio remained the same :
AAPL,BIDU,SOLF & RIMM.......
BIDU was "brought below $380 to match the strike price on options"......hopefully BIDU will make a big move next week.......
I will be posting list of technically weak/strong & momentum stocks by 10AM...on saturday !!!
BLOG does NOT give buy or sell.
Enjoy your family shopping for christmas/holidays.......family comes first then friends !!!!!
Saleem
Market internals were very strong on all indices...looks good for monday !!!
Markets are ready to stage a strong exit & entry to a more normal new year......
While you all relaxing & enjoying "festive moments with family & friends"....spare some quality time to printout a strategy & stocks to work with in 08......
Unless you have a document to measure against......then you have NO plan to execute for 08....
Do NOT look for MB or BLOGS to give you tickers.......
Work on your OWN and find reason to own QUALITY.....
No matter what the economy does....there are hundreds of stocks which go UP daily.....
Do NOT give yourself any EXCUSE as to why you are NOT achieving your objectives......if you do your OWN homework....you CAN exceed your targets $$$$$
You need to get AWAY from NOISE of MB & CNBC to concentrate on your OWN focus......
RESEARCH & CONVICTION is a MUST to make serious money......
Trading for the sake of trading MUST be CURTAILED.....by doing that you are trying to compound your problems of bad timing & bad picks......which is a very expensive way to figure out this market......
I have tried very hard by my transparency to LEAD by example.......by listing my cost of each trade as it occurs in real -time.........
For the week I ended UP 3.5% overall.......even after taking a big beating in my Canadian $ short....I lost 2.7% in my short ...... as CAD went against me 4 out of 5 days.....this week.....
My portfolio remained the same :
AAPL,BIDU,SOLF & RIMM.......
BIDU was "brought below $380 to match the strike price on options"......hopefully BIDU will make a big move next week.......
I will be posting list of technically weak/strong & momentum stocks by 10AM...on saturday !!!
BLOG does NOT give buy or sell.
Enjoy your family shopping for christmas/holidays.......family comes first then friends !!!!!
Saleem
RIMM lit the fire for market UP move $$$$
Markets are enjoying a RIMM rally day...inspite of QUAD witching day !!!!!
Recession fears have been "overplayed......we will have 2 Q of slowdown ...then 2nd half of 08 will be FINE.......markets always discount economic issues and looks AHEAD $$$
Lot of posters on MB are getting their jollies by rehashing recession.......what that has to do with making money in stock market...sound like "underperforming losers".......
Some big techs are "kept in check because pros were betting on a weak day....so they are caught with their proverbial DOWN"
In my portfolio :
I added another 20% SOLF @ open...my cost went down to $25.96.....my 3rd purchase in 3 days.....Why...it looks strong from TA perspective....according to www.stockcharts.com based on their P&F chart....target for SOLF is $71.50......lot of room on the upside $$$$....
SOLF is UP $1.07......
AAPL is UP $4.68....lot of buzz about jan Mac world intro...like 16Gig iphone & touch pad laptop !!!
RIMM is UP $11.87 on superb ER & Guidance.....they are predicting solid growth worldwide...
Many analyst have raised their target & rating...target range NOW is $150 to $170.....
BIDU is UP $3.75.....working its way to higher & higher ground....OE is playing game with BIDU so far....NOT for long though $$$$$.....YHOO lost a court case in China for music copyright violations...positive for BIDU clean approach NOW !!!!
@ 11.20 AM the following are green :
FSLR,STP,IFN,AGU,YGE,TSL,C,SIRF,LVS,NMX,AUY,VLO,ABX,
SPWR,ISRG,WFR,SNE,AMZN,MA,GOOG,MR,HOKU,EWY,FMCN,
JASO.
Good luck on a "contra rally ...thanks to RIMM"......
BLOG does NOT give buy or sell.
Saleem
Recession fears have been "overplayed......we will have 2 Q of slowdown ...then 2nd half of 08 will be FINE.......markets always discount economic issues and looks AHEAD $$$
Lot of posters on MB are getting their jollies by rehashing recession.......what that has to do with making money in stock market...sound like "underperforming losers".......
Some big techs are "kept in check because pros were betting on a weak day....so they are caught with their proverbial DOWN"
In my portfolio :
I added another 20% SOLF @ open...my cost went down to $25.96.....my 3rd purchase in 3 days.....Why...it looks strong from TA perspective....according to www.stockcharts.com based on their P&F chart....target for SOLF is $71.50......lot of room on the upside $$$$....
SOLF is UP $1.07......
AAPL is UP $4.68....lot of buzz about jan Mac world intro...like 16Gig iphone & touch pad laptop !!!
RIMM is UP $11.87 on superb ER & Guidance.....they are predicting solid growth worldwide...
Many analyst have raised their target & rating...target range NOW is $150 to $170.....
BIDU is UP $3.75.....working its way to higher & higher ground....OE is playing game with BIDU so far....NOT for long though $$$$$.....YHOO lost a court case in China for music copyright violations...positive for BIDU clean approach NOW !!!!
@ 11.20 AM the following are green :
FSLR,STP,IFN,AGU,YGE,TSL,C,SIRF,LVS,NMX,AUY,VLO,ABX,
SPWR,ISRG,WFR,SNE,AMZN,MA,GOOG,MR,HOKU,EWY,FMCN,
JASO.
Good luck on a "contra rally ...thanks to RIMM"......
BLOG does NOT give buy or sell.
Saleem
Thursday, December 20, 2007
Mother of all ER from RIMM $$$$$
Russell Small Cap & Nasdaq stole the show today.......
Internals were very strong on Nasdaq...
UP volume led by 2.5 to 1 on Nasdaq.....
In my portfolio:
Sold all LDK and booked a profit of $26 per share......
Bought 37% more BIDU @ open...my cost went UP to $370.38....
Bought 150% more SOLF @ open...my cost went UP to $26.01....
Pulled more house money out before buying above.......
My portfolio is :
AAPL,BIDU,RIMM & SOLF.......
AAPL,RIMM & BIDU were all UP...while SOLF was down......
Overall my portfolio was down 2.3% today...thanks to LDK.........
RIMM came out with "rocket launch ER & guidance which knock the pants of SHORTS...who had used CNBC to bad mouth RIMM for last 2 weeks.....even after a blowout ER..Maria & her co host were yelling "my god..RIMM cannot go on forever...inspite of polite rebuttal by Jim Goldman......."
Expecting many upgrades on RIMM & target increase......CC was superb !!!!
I have always "strongly suggested to diversify.....and I lead by example"
I also gave my brief "to the point take about LDK.....and I could NOT have been more CLEAR as to how I felt about LDK ER......companies live by margins & die by margins...never a good thing to have cost "going UP"......
I like MANY stocks based on fundamental analysis...but if fundamental is NOT too hot anymore......it is TIME to move ON to better story stock......
I am always buying other stocks based on FA/TA & pricing...but DO STOP @ certain $ allocation.......
I have seen markets very closely and thing do turn on a DIME.......
NEVER EVER hesitate to take a hefty GAIN while it is there......or it will "evaporate in nanosecond".......
Never fall in love with any one or two or ten stocks......there are about 27,000 stocks to choose from......
I keep doing DD when others are "bad mouthing a good stock" ...my DD tells me to stay put or add MORE...but always in a diversified MODE......
There is no such thing as "all IN in ONE position".......
Market are always "unpredictable for any one stock..but it is pretty safe when you have four or five strong stocks.....it cushions you from any surprise !!!!!
Expect a strong rally in techs...thanks to RIMM.....
It is "never too late to implement WISE long term strategy...I could NOT be more open & honest about how I do it......."
Make a "fresh start if you are feeling frustrated with markets or your stock selections or your trading strategy"
I will be more than happy to give my "experience 2 cents...if you seek some word of wisdom"
I know it is tough for some of you today..........I know the PAIN of losing serious money...I have been there.....BUT it is NOT the end of the world.....
Think your strategy ...one more time !!!!
BLOG does NOT give buy or sell.
You must revisit your stocks on a daily basis for FA/TA or NEWS !!!!
Saleem
Internals were very strong on Nasdaq...
UP volume led by 2.5 to 1 on Nasdaq.....
In my portfolio:
Sold all LDK and booked a profit of $26 per share......
Bought 37% more BIDU @ open...my cost went UP to $370.38....
Bought 150% more SOLF @ open...my cost went UP to $26.01....
Pulled more house money out before buying above.......
My portfolio is :
AAPL,BIDU,RIMM & SOLF.......
AAPL,RIMM & BIDU were all UP...while SOLF was down......
Overall my portfolio was down 2.3% today...thanks to LDK.........
RIMM came out with "rocket launch ER & guidance which knock the pants of SHORTS...who had used CNBC to bad mouth RIMM for last 2 weeks.....even after a blowout ER..Maria & her co host were yelling "my god..RIMM cannot go on forever...inspite of polite rebuttal by Jim Goldman......."
Expecting many upgrades on RIMM & target increase......CC was superb !!!!
I have always "strongly suggested to diversify.....and I lead by example"
I also gave my brief "to the point take about LDK.....and I could NOT have been more CLEAR as to how I felt about LDK ER......companies live by margins & die by margins...never a good thing to have cost "going UP"......
I like MANY stocks based on fundamental analysis...but if fundamental is NOT too hot anymore......it is TIME to move ON to better story stock......
I am always buying other stocks based on FA/TA & pricing...but DO STOP @ certain $ allocation.......
I have seen markets very closely and thing do turn on a DIME.......
NEVER EVER hesitate to take a hefty GAIN while it is there......or it will "evaporate in nanosecond".......
Never fall in love with any one or two or ten stocks......there are about 27,000 stocks to choose from......
I keep doing DD when others are "bad mouthing a good stock" ...my DD tells me to stay put or add MORE...but always in a diversified MODE......
There is no such thing as "all IN in ONE position".......
Market are always "unpredictable for any one stock..but it is pretty safe when you have four or five strong stocks.....it cushions you from any surprise !!!!!
Expect a strong rally in techs...thanks to RIMM.....
It is "never too late to implement WISE long term strategy...I could NOT be more open & honest about how I do it......."
Make a "fresh start if you are feeling frustrated with markets or your stock selections or your trading strategy"
I will be more than happy to give my "experience 2 cents...if you seek some word of wisdom"
I know it is tough for some of you today..........I know the PAIN of losing serious money...I have been there.....BUT it is NOT the end of the world.....
Think your strategy ...one more time !!!!
BLOG does NOT give buy or sell.
You must revisit your stocks on a daily basis for FA/TA or NEWS !!!!
Saleem
Wednesday, December 19, 2007
LDK disappoints with no EPS beat ????
LDK EPS did NOT beat and guidance of EPS is also in-line......
This certainly is NOT what I was expecting from LDK ER.....
LDK beat on Sales and also guided higher on Sales for Q4......
LDK is facing higher cost...thus putting pressure on margin.....
My portfolio remained the same:
AAPL,BIDU,LDK,RIMM,SOLF......
My portfolio was down .8% thanks to LDK which closed down $3.89......taking further beating in AH down another......$4.80 to $61.35.....total down so far....$8.69
ORCL had good ER...... which should help tech on thursday.......
AH most of the strong techs are higher......
RIMM reports AH......guidance will be the key........
Tomorrow muslims are celeberating "EID" which is like thanksgiving.....so I will be out whole day first for prayer then meeting friends.......
I will make an attempt to post 730 PM recap......
Please continue doing your own due diligence and find your OWN comfort level.
BLOG does NOT give buy or sell.
Saleem
This certainly is NOT what I was expecting from LDK ER.....
LDK beat on Sales and also guided higher on Sales for Q4......
LDK is facing higher cost...thus putting pressure on margin.....
My portfolio remained the same:
AAPL,BIDU,LDK,RIMM,SOLF......
My portfolio was down .8% thanks to LDK which closed down $3.89......taking further beating in AH down another......$4.80 to $61.35.....total down so far....$8.69
ORCL had good ER...... which should help tech on thursday.......
AH most of the strong techs are higher......
RIMM reports AH......guidance will be the key........
Tomorrow muslims are celeberating "EID" which is like thanksgiving.....so I will be out whole day first for prayer then meeting friends.......
I will make an attempt to post 730 PM recap......
Please continue doing your own due diligence and find your OWN comfort level.
BLOG does NOT give buy or sell.
Saleem
Markets are hesitant .......
Markets are hesitant so far this AM.......
Fed auction of $20 Billion went well as they were oversubscribed.....
European & other Central banks pumping of liquidity close to Trillion is making a "big Dent in the year end squaring of books"......
Credit crunch is easing....which is a big change from few weeks ago......
We still have a very good chance of seeing an year-end rally...once OE squaring off is out of the way............
In my portfolio :
I bought SOLF @ open... my cost is $25.25.......it is UP $1.93.....it is among the fastest growing Solar company in China......
LDK is down 60 cents...it reports AH...CC is @ 6PM...expecting very good earnings report $$$$
BIDU is down $2.17.......wants to go much higher !!!!
AAPL is down $1.81......taking a nap.......hopefully wakeUP call is coming !!!!
RIMM is UP 33 cents...reports AH thursday $$$$$$
@ 11.14AM...the following are green :
AGU,YGE,MR,CMED,BRCM,TSL,DELL,C,ICE,YHOO,WYNN,NYX,
NMX,VLO,ISRG,AMZN,IFN,MA,GOOG,EWY,FMCN,STP,NDAQ,
GRMN,VMW.
OE is restraining this market ????
Good luck for rest of the day.
BLOG does NOT give buy or sell.
Saleem
Fed auction of $20 Billion went well as they were oversubscribed.....
European & other Central banks pumping of liquidity close to Trillion is making a "big Dent in the year end squaring of books"......
Credit crunch is easing....which is a big change from few weeks ago......
We still have a very good chance of seeing an year-end rally...once OE squaring off is out of the way............
In my portfolio :
I bought SOLF @ open... my cost is $25.25.......it is UP $1.93.....it is among the fastest growing Solar company in China......
LDK is down 60 cents...it reports AH...CC is @ 6PM...expecting very good earnings report $$$$
BIDU is down $2.17.......wants to go much higher !!!!
AAPL is down $1.81......taking a nap.......hopefully wakeUP call is coming !!!!
RIMM is UP 33 cents...reports AH thursday $$$$$$
@ 11.14AM...the following are green :
AGU,YGE,MR,CMED,BRCM,TSL,DELL,C,ICE,YHOO,WYNN,NYX,
NMX,VLO,ISRG,AMZN,IFN,MA,GOOG,EWY,FMCN,STP,NDAQ,
GRMN,VMW.
OE is restraining this market ????
Good luck for rest of the day.
BLOG does NOT give buy or sell.
Saleem
Tuesday, December 18, 2007
Turnaround Tuesday...It Was $$$
Markets zig zagged its way to a high close accross the board !!!!
Market internals were strong also........
Russell 2000 was the strongest by far......which means that small cap were participating today !!!
Nasdaq was the second strongest index......followed by S&P500.......
Market internals were strong whole day...thus resulting in strong close......
Mini S&P can distort the markets by manipulators very easily...
Always check advancing volume & advancing stocks ratios ......which will give you confidence to stay in the market or do buying with confidence.....
In my portfolio :
LDK was UP $1.82...reports AH wed......
BIDU was "the superstar in my show UP $16.97.....my conviction was rewarded big time after buying 4 times"...... which I also had done previously with LDK purchase.......
RIMM was UP 43 Cents........reports Thu AH......
AAPL was the only loser in my portfolio down $1.42......it had retraced $22 after hitting $200 few days ago........Oh..the life in super-fast lane.......
My portfolio was UP 1.5% today !!!!
AH.....PALM reported Loss in their ER and guided to another loss......
FRPT lost another contract to Navistar and is down $1.60 AH.....
Most solar stocks were strong and some hitting new 52 week high.....FSLR,SPWR,CSIQ,ESLR,SOLF,CSUN....alll higher $$$$
We should see a follow thru by close again !!!!!
Remember I am an optimist !!!!!
BLOG does NOT give buy or sell.
Saleem
ps...the time displayed in my post is always PST.....HQ of GOOG is in CA...please add 3 hours for EST.........
Market internals were strong also........
Russell 2000 was the strongest by far......which means that small cap were participating today !!!
Nasdaq was the second strongest index......followed by S&P500.......
Market internals were strong whole day...thus resulting in strong close......
Mini S&P can distort the markets by manipulators very easily...
Always check advancing volume & advancing stocks ratios ......which will give you confidence to stay in the market or do buying with confidence.....
In my portfolio :
LDK was UP $1.82...reports AH wed......
BIDU was "the superstar in my show UP $16.97.....my conviction was rewarded big time after buying 4 times"...... which I also had done previously with LDK purchase.......
RIMM was UP 43 Cents........reports Thu AH......
AAPL was the only loser in my portfolio down $1.42......it had retraced $22 after hitting $200 few days ago........Oh..the life in super-fast lane.......
My portfolio was UP 1.5% today !!!!
AH.....PALM reported Loss in their ER and guided to another loss......
FRPT lost another contract to Navistar and is down $1.60 AH.....
Most solar stocks were strong and some hitting new 52 week high.....FSLR,SPWR,CSIQ,ESLR,SOLF,CSUN....alll higher $$$$
We should see a follow thru by close again !!!!!
Remember I am an optimist !!!!!
BLOG does NOT give buy or sell.
Saleem
ps...the time displayed in my post is always PST.....HQ of GOOG is in CA...please add 3 hours for EST.........
Markets ignoring all good news ????
Markets have "ignored all the right steps taken by worldwide banks".....
Fed even is trying to reform lending criteria for mortgages......
Do you think that markets will be excited about dealing with all the issues "identified by wall street".....No No & No.....
Do you know why ???
Becuase there is option expiry this friday......which is more important than all the central banks coordinated moves and feds direct involvement.....even GWB is trying his best through GS Paulson...treasury secty......
No...None of this is important steps.....as OE is the-game in town.......
Once they are (means hedge funds & MM) done with squaring away their billions @ the expense of freaking out small investors......everything will "look rosy for the markets"
Because hedge funds will be "long the markets AGAIN"....
When do I think this game will be over....could be today before close or as late as 1 PM thursday.........
In my portfolio :
I added 35% more BIDU @ open...my cost went down to $366.56.......
BIDU is Down $2.99......
LDK is down $3.73.....
AAPL is down $3.06...
RIMM is Down 70 Cents.....
@11.16 AM EST ...the following are green :
CSIQ,EMKR,DELL,AMAT,SIRF,TSO,NVDA,VLO,ABX,AUY,
SPWR,FSLR,WFR,SNE,AMZN,JASO,SINA,SOHU,FMCN,EWY,STP.
LDK reports Q3 ER tommorrow after close...I am expecting a BEAT & guide HIGHER for Q4...that is the reason why LDK is showing weakness today & also to digest gain from yesterdays RUNUP......
AGU is down sharply $3.79 after completing its secondary @ $58 with over-allotment......
Hoping for a better close......always an optimist !!!!
BLOG does NOT give buy or sell.
Saleem
Fed even is trying to reform lending criteria for mortgages......
Do you think that markets will be excited about dealing with all the issues "identified by wall street".....No No & No.....
Do you know why ???
Becuase there is option expiry this friday......which is more important than all the central banks coordinated moves and feds direct involvement.....even GWB is trying his best through GS Paulson...treasury secty......
No...None of this is important steps.....as OE is the-game in town.......
Once they are (means hedge funds & MM) done with squaring away their billions @ the expense of freaking out small investors......everything will "look rosy for the markets"
Because hedge funds will be "long the markets AGAIN"....
When do I think this game will be over....could be today before close or as late as 1 PM thursday.........
In my portfolio :
I added 35% more BIDU @ open...my cost went down to $366.56.......
BIDU is Down $2.99......
LDK is down $3.73.....
AAPL is down $3.06...
RIMM is Down 70 Cents.....
@11.16 AM EST ...the following are green :
CSIQ,EMKR,DELL,AMAT,SIRF,TSO,NVDA,VLO,ABX,AUY,
SPWR,FSLR,WFR,SNE,AMZN,JASO,SINA,SOHU,FMCN,EWY,STP.
LDK reports Q3 ER tommorrow after close...I am expecting a BEAT & guide HIGHER for Q4...that is the reason why LDK is showing weakness today & also to digest gain from yesterdays RUNUP......
AGU is down sharply $3.79 after completing its secondary @ $58 with over-allotment......
Hoping for a better close......always an optimist !!!!
BLOG does NOT give buy or sell.
Saleem
Monday, December 17, 2007
Turnaround Tuesday coming UP $$$$
Markets took it on the chin.........
Nasdaq got the worse beating of all indices.......
Reason......it must be Option Expiry week......
Markets are always unpredictable......
One must be comfortable with exposure & strategy........
Tuesday could give us some relief...as markets are deeply oversold...so a "technical bounce is imminent"
In my portfolio :
I did lot of trades to take advantage of the freefall.......always use freefall conditions to re-evaluate & reposition....what else is NEW......
Sold all AGU to lock profit of $4.56 per share......and put all proceeds in BIDU.......
Sold all ESLR ...took a loss of $1.58 per share....and put all proceeds in BIDU.......
Sold all HOKU...took aloss of $1.25 per share...and put all proceeds in BIDU......
You must be wondering ......why all the lovefest with BIDU.....it has come down $61.16 from its high......and I could NOT control my enthusiasm for BIDU @ this price..my cost $368.03....
Inspite of the fact that I bought BIDU 3 times today...still I missed the LOW of the day....but you cannot blame me for trying ...trying.....& trying.......I am a Taurus and sometimes...I do show the "bull in me".......
So ...My portfolio is :
AAPL,BIDU,LDK & RIMM........
My portfolio was UP 1.9% thanks to LDK but I lost 1% in my CAD short...so overall gain is .9%...not bad for a brutal day.......
BIDU closed well above 50DMA of $352.89 after dipping below to $348.91......closed @ $356.00!!!
Jimmy the Cramer gave his stamp of approval to BIDU in his lightening round today......for some it is an important endorsement...for me it means nothing...BIDU will follow its own trend !!!
LDK behaved extraordinarily well in this horriffic market by closing UP $11.34 @ $68.18..low of the day was $65.00 during mid day......while market closed @ low of the day but LDK did NOT $$$.....
Oh......you must be wondering why I sold AGU today....beside the above mentioned reason.....they are pricing secondary tommorrow...stocks generally trends DOWN on pricing day......but if it is turnaround tuesday as I am expecting...AGU should go with the market.......
Tuesday SHOULD bring some sun & cheer to wall street...I hope !!!!
BLOG does NOT give buy or sell.
Saleem
Nasdaq got the worse beating of all indices.......
Reason......it must be Option Expiry week......
Markets are always unpredictable......
One must be comfortable with exposure & strategy........
Tuesday could give us some relief...as markets are deeply oversold...so a "technical bounce is imminent"
In my portfolio :
I did lot of trades to take advantage of the freefall.......always use freefall conditions to re-evaluate & reposition....what else is NEW......
Sold all AGU to lock profit of $4.56 per share......and put all proceeds in BIDU.......
Sold all ESLR ...took a loss of $1.58 per share....and put all proceeds in BIDU.......
Sold all HOKU...took aloss of $1.25 per share...and put all proceeds in BIDU......
You must be wondering ......why all the lovefest with BIDU.....it has come down $61.16 from its high......and I could NOT control my enthusiasm for BIDU @ this price..my cost $368.03....
Inspite of the fact that I bought BIDU 3 times today...still I missed the LOW of the day....but you cannot blame me for trying ...trying.....& trying.......I am a Taurus and sometimes...I do show the "bull in me".......
So ...My portfolio is :
AAPL,BIDU,LDK & RIMM........
My portfolio was UP 1.9% thanks to LDK but I lost 1% in my CAD short...so overall gain is .9%...not bad for a brutal day.......
BIDU closed well above 50DMA of $352.89 after dipping below to $348.91......closed @ $356.00!!!
Jimmy the Cramer gave his stamp of approval to BIDU in his lightening round today......for some it is an important endorsement...for me it means nothing...BIDU will follow its own trend !!!
LDK behaved extraordinarily well in this horriffic market by closing UP $11.34 @ $68.18..low of the day was $65.00 during mid day......while market closed @ low of the day but LDK did NOT $$$.....
Oh......you must be wondering why I sold AGU today....beside the above mentioned reason.....they are pricing secondary tommorrow...stocks generally trends DOWN on pricing day......but if it is turnaround tuesday as I am expecting...AGU should go with the market.......
Tuesday SHOULD bring some sun & cheer to wall street...I hope !!!!
BLOG does NOT give buy or sell.
Saleem
Markets hesitant before fed auction of SIV/ABCP ...
Markets are hesitant before the result of Fed auction of SIV/ABCP.......
Nasdaq is the weakest of all indices.........
LDK is "the-superstar in my show UP $12.54".....on removal of inventory issue by an independent audit.
LDK reports Q3 ER AH on wed....I expect LDK to beat estimate & also guide higher for Q4...which has only 14 days left.......
I expect LDK stock price to go to new all-time high on these expectations $$$$
Most solar stocks are down today on profit taking........
In my portfolio :
LDK UP $12.54 on extremely heavy 8.46 million volume in 97 minutes......
AGU is UP 38 cents .......
AAPL is down $1.59......
RIMM is down $2.58....
Hoku is down 42 cents....
ESLR down 88 cents......
@ 11.10 AM the following are green :
C,TSL ,POT,IGT,TSO,NYX,VLO,ABX,LRCX,
MPEL,JASO......
Good luck for rest of the day.
BLOG does NOT give buy or sell.
Please manage your trade with your OWN objectives.
Saleem
Nasdaq is the weakest of all indices.........
LDK is "the-superstar in my show UP $12.54".....on removal of inventory issue by an independent audit.
LDK reports Q3 ER AH on wed....I expect LDK to beat estimate & also guide higher for Q4...which has only 14 days left.......
I expect LDK stock price to go to new all-time high on these expectations $$$$
Most solar stocks are down today on profit taking........
In my portfolio :
LDK UP $12.54 on extremely heavy 8.46 million volume in 97 minutes......
AGU is UP 38 cents .......
AAPL is down $1.59......
RIMM is down $2.58....
Hoku is down 42 cents....
ESLR down 88 cents......
@ 11.10 AM the following are green :
C,TSL ,POT,IGT,TSO,NYX,VLO,ABX,LRCX,
MPEL,JASO......
Good luck for rest of the day.
BLOG does NOT give buy or sell.
Please manage your trade with your OWN objectives.
Saleem
LDK finds nothing wrong in inventory $$$$
LDK announced this morning that they did NOT find anything wrong with their inventory as alleged by a former employee.
This was an independent audit which clears LDK........
LDK also announced that their Q3 Er will come out wed after close......
LDK is UP almost $15 in pre-pre market $$$$$
CONVICTION is very important in investing or trading...which only comes from knowing FA & TA.......
Most traders show great patience when stock is going down.....but trade out with few $ gain.....
You always need few home runs to propel your portfolio into triple digit gains......
Good luck on your strategy....a little patience goes a long way $$$$
BLOG does NOT give buy or sell.
Saleem
This was an independent audit which clears LDK........
LDK also announced that their Q3 Er will come out wed after close......
LDK is UP almost $15 in pre-pre market $$$$$
CONVICTION is very important in investing or trading...which only comes from knowing FA & TA.......
Most traders show great patience when stock is going down.....but trade out with few $ gain.....
You always need few home runs to propel your portfolio into triple digit gains......
Good luck on your strategy....a little patience goes a long way $$$$
BLOG does NOT give buy or sell.
Saleem
Saturday, December 15, 2007
Momentum stocks for "hedgies fed bullying " $$$
Following stocks are showing momentum based on very recent tape action.Please do your FA & TA analysis to increase your comfort level.Use tight STOP to prevent loss.
LDK,RIMM,AAPL,AGU,HOKU,ESLR,STP,JASO,FSLR,
YGE,ICE,POT,CTRP,FMCN,NVDA,SPWR,WFR,MA,
GOOG,ISRG,NDAQ,BIDU,GRMN,HPQ,VMW,GS.
My suggestion pick any five based on your OWN due diligence.
BLOG does NOT give buy or sell.
Good luck next week...as it is an Option Expiry Quad witching.
If you have any question,I will be more than happy to answer in my BLOG comment section.
All you need to do is click on comment in my latest post....enter email address and create a password for my blog only....
Enjoy your weekend with family & friends.
Saleem
LDK,RIMM,AAPL,AGU,HOKU,ESLR,STP,JASO,FSLR,
YGE,ICE,POT,CTRP,FMCN,NVDA,SPWR,WFR,MA,
GOOG,ISRG,NDAQ,BIDU,GRMN,HPQ,VMW,GS.
My suggestion pick any five based on your OWN due diligence.
BLOG does NOT give buy or sell.
Good luck next week...as it is an Option Expiry Quad witching.
If you have any question,I will be more than happy to answer in my BLOG comment section.
All you need to do is click on comment in my latest post....enter email address and create a password for my blog only....
Enjoy your weekend with family & friends.
Saleem
Technically STRONG stocks for "hedgies fed bullying " $$$
Following stocks are showing technical strength based on various formations.Always use tight STOP to control loss.Check FA for a balanced view.
ANDE,HON,AVR,IDEV,CRM,TXN,PRFT,MR,SDTH,LINTA,PEIX.
TSX ( Toronto Stock Exchange)
MDI,MNF,AEM,CDM,OCX,IOL,ALM,QGX.
BLOG doe NOT give buy or sell.
Saleem
ANDE,HON,AVR,IDEV,CRM,TXN,PRFT,MR,SDTH,LINTA,PEIX.
TSX ( Toronto Stock Exchange)
MDI,MNF,AEM,CDM,OCX,IOL,ALM,QGX.
BLOG doe NOT give buy or sell.
Saleem
Technically WEAK stocks for "hedgies fed bullying " $$$
Following stocks are showing technical weakness based on various formations.Please use tight STOP to control your loss.Also check FA to get a balanced view.
QLGC,ISIS,SKM,SSL,AMT,FTEK,CCBL,CIEN,AKAM,VSH,KR,
TIBX,HAS,ABX,CELL,NAVI,OSTK,AMAT,BIIB.
TSX ( Toronto Stock Exchange)
YRI,IMG,LAM,BCE,CLS,ELD,KAT,WFI.
BLOG does NOT give buy or sell.
Saleem
QLGC,ISIS,SKM,SSL,AMT,FTEK,CCBL,CIEN,AKAM,VSH,KR,
TIBX,HAS,ABX,CELL,NAVI,OSTK,AMAT,BIIB.
TSX ( Toronto Stock Exchange)
YRI,IMG,LAM,BCE,CLS,ELD,KAT,WFI.
BLOG does NOT give buy or sell.
Saleem
Friday, December 14, 2007
Who is controlling the markets ????
Markets are being controlled & manipulated from open to close.......
Markets were manipulated down 110 @ open.....
Market then turned UP 50 by 1130AM......
Market was taken down to 178 @ close......
All of the above GYRATIONS on NO additional news ????
Hedgies are still busy showing Fed ...that who CONTROLS wall street......
Small investors are being frightened away by this protracted downtrend on same OLD news ???
All I can suggest is ......to know your stocks and pick stocks well.......
Wall street is NOT going to give you "all clear anytime soon".....
I see the same thing going ON till first half of 08.....
Old news is being recycled over & over again......
Positive news is being defocussed big time.......
LIBOR is coming down in England.......
World Central banks are doing cooordinated injection of money daily...thus EASING liquidity issues.....
Most Banks/Brokerages/Mortgage companies are REVEALING their exposure daily worldwide and taking billion & billions in charges.......
But......nobody wants to talk about these things......
We are coming to the end of all this mess very quickly these days.....but NO acknowledgment or discussion in the media or CNBC......
All they do whole day is to BASH fed 24/7.......
Fed is on the right track.....and it will work in few days...as auctions are coming UP all over the world to buy SIV & other instruments which cannot be traded NOW.......
Lot of sectors are doing well..like Solar...where every stock has made a major RUNUP $$$
My portfolio remain unchanged and they are:
AAPL,RIMM,AGU,LDK,ESLR & HOKU.......
I was UP 4% for the week.....2.5% in stocks & 1.5% in my short CAD.....
My Canadian $ short alone has given me 119.4% gain in overall equity for 2007...which I initiated on Nov 7,2007...5.5 weeks back........
This proves that if you put your own ideas to work with CONVICTION...the rewards are incredible.....no one told me that CAD was a good short...All I heard from everyone that Canadian $ is among the strongest currency in the world......
I write all this to prove that your own homework gives you the biggest bang for the buck.....
Only 10 trading days left in this year........
There will be tremendous selling to book tax loss.....
Next friday is Quad Witching....which will put further pressure ......
See that next few weeks will be MORE challenging......
So...be ready with a game plan...your OWN.....
I will be posting list of technically WEAK/STRONG plus MOMENTUM stocks by 10 AM saturday...
BLOG does NOT give buy or sell.
Have a nice weekend.
Saleem
Markets were manipulated down 110 @ open.....
Market then turned UP 50 by 1130AM......
Market was taken down to 178 @ close......
All of the above GYRATIONS on NO additional news ????
Hedgies are still busy showing Fed ...that who CONTROLS wall street......
Small investors are being frightened away by this protracted downtrend on same OLD news ???
All I can suggest is ......to know your stocks and pick stocks well.......
Wall street is NOT going to give you "all clear anytime soon".....
I see the same thing going ON till first half of 08.....
Old news is being recycled over & over again......
Positive news is being defocussed big time.......
LIBOR is coming down in England.......
World Central banks are doing cooordinated injection of money daily...thus EASING liquidity issues.....
Most Banks/Brokerages/Mortgage companies are REVEALING their exposure daily worldwide and taking billion & billions in charges.......
But......nobody wants to talk about these things......
We are coming to the end of all this mess very quickly these days.....but NO acknowledgment or discussion in the media or CNBC......
All they do whole day is to BASH fed 24/7.......
Fed is on the right track.....and it will work in few days...as auctions are coming UP all over the world to buy SIV & other instruments which cannot be traded NOW.......
Lot of sectors are doing well..like Solar...where every stock has made a major RUNUP $$$
My portfolio remain unchanged and they are:
AAPL,RIMM,AGU,LDK,ESLR & HOKU.......
I was UP 4% for the week.....2.5% in stocks & 1.5% in my short CAD.....
My Canadian $ short alone has given me 119.4% gain in overall equity for 2007...which I initiated on Nov 7,2007...5.5 weeks back........
This proves that if you put your own ideas to work with CONVICTION...the rewards are incredible.....no one told me that CAD was a good short...All I heard from everyone that Canadian $ is among the strongest currency in the world......
I write all this to prove that your own homework gives you the biggest bang for the buck.....
Only 10 trading days left in this year........
There will be tremendous selling to book tax loss.....
Next friday is Quad Witching....which will put further pressure ......
See that next few weeks will be MORE challenging......
So...be ready with a game plan...your OWN.....
I will be posting list of technically WEAK/STRONG plus MOMENTUM stocks by 10 AM saturday...
BLOG does NOT give buy or sell.
Have a nice weekend.
Saleem
Inflation cannot scare the markets...no surprise there !!!!
Inflation uptick has been articulated by many and everybodys brother in-law and are scared of it...as it is guarenteed to TANK the markets........
Unless you are living in some jungle and eating bananas daily.....we all know in real world that energy has caused inflationary effect in many many industries......In case you are still NOT getting the point....everything which is manufactured or delivered use energy as a major component/cost and needs to be passed on to consumers.......
All the CNBC & MB idiots are always rehashing things which has happened or everyone is aware of......sign of dangerously LOW IQ......
I had predicted yesterday in my post ....that todays CPI will NOT be factor..no matter how bad it is.......
Markets always looks forward....IDIOTS always trying to cover their BEHIND by looking & focussing on yesterday......some genius still recalls with great anguish all the previous crashes going back 70 years......
Worldwide economy is GROWING @ furious pace...unless you have NOT heard of China ,India,Dubai & rest of the world........it pays to KNOW about more than IOWA primary...
Frenzied growth causes inflation.......
China & India is trying their damndest to control inflation by increasing banking lending /reserve requirements several times this year.......even BB ( Ben Bernanke not Bridget Bardot) is trying very hard to contain rate decreases.....much to the dislikes of YAHOOS on CNBC......
What is good for economy worldwide is NOT good for MINI S&P hedgies.......
Hedgies through their proxies on CNBC & MEDIA are trying to bad mouth & BULLY fed.....I say take a HIKE ........
Sorry for such a boring discussion on inflation/growth/interest rate...
All I can say that.... fed & its coordinated move by central banks worldwide is having an affect on "UNCHOKING liquidity & LIBOR rates"
Now to more important things.........$$$$$
In my portfolio :
I bought ESLR @ open...yes when this world was coming to an end.....my cost is $16.83....
ESLR is UP $1.90 to $17.01...giving me 14 cents per share....
LDK is trying to move UP after consolidation is UP 92 cents.......expecting audit report next monday & Q3 ER same week......
AGU is down 7 cents......18th they will close secondary on tuesday......
AAPL is UP 57 cents......getting close to all-time high......
RIMM is UP $3.87......CITI & RBC extremely bullish about its business going forward & in 08...
HOKU is UP 24 cents.....above breakout point $$$$
@ 11.19 AM the following are green :
BIDU,JASO(upgraded $100 target),STP,FSLR,SPWR,TSL,YGE,C (it was downgraded to sell this AM),SIRF,ICE (new high),POT,TSO,NVDA,NMX,VLO,ISRG,WFR (close to high),
IFN,GOOG,CSIQ,SINA,FMCN,SOHU,SNDA,GRMN,ASTI,VMW,ENER.
Solar as a sector is very strong.....so I have 3 different stocks in my portfolio.....
Good luck for rest of the day.
BLOG does NOT give buy or sell.
Saleem
Unless you are living in some jungle and eating bananas daily.....we all know in real world that energy has caused inflationary effect in many many industries......In case you are still NOT getting the point....everything which is manufactured or delivered use energy as a major component/cost and needs to be passed on to consumers.......
All the CNBC & MB idiots are always rehashing things which has happened or everyone is aware of......sign of dangerously LOW IQ......
I had predicted yesterday in my post ....that todays CPI will NOT be factor..no matter how bad it is.......
Markets always looks forward....IDIOTS always trying to cover their BEHIND by looking & focussing on yesterday......some genius still recalls with great anguish all the previous crashes going back 70 years......
Worldwide economy is GROWING @ furious pace...unless you have NOT heard of China ,India,Dubai & rest of the world........it pays to KNOW about more than IOWA primary...
Frenzied growth causes inflation.......
China & India is trying their damndest to control inflation by increasing banking lending /reserve requirements several times this year.......even BB ( Ben Bernanke not Bridget Bardot) is trying very hard to contain rate decreases.....much to the dislikes of YAHOOS on CNBC......
What is good for economy worldwide is NOT good for MINI S&P hedgies.......
Hedgies through their proxies on CNBC & MEDIA are trying to bad mouth & BULLY fed.....I say take a HIKE ........
Sorry for such a boring discussion on inflation/growth/interest rate...
All I can say that.... fed & its coordinated move by central banks worldwide is having an affect on "UNCHOKING liquidity & LIBOR rates"
Now to more important things.........$$$$$
In my portfolio :
I bought ESLR @ open...yes when this world was coming to an end.....my cost is $16.83....
ESLR is UP $1.90 to $17.01...giving me 14 cents per share....
LDK is trying to move UP after consolidation is UP 92 cents.......expecting audit report next monday & Q3 ER same week......
AGU is down 7 cents......18th they will close secondary on tuesday......
AAPL is UP 57 cents......getting close to all-time high......
RIMM is UP $3.87......CITI & RBC extremely bullish about its business going forward & in 08...
HOKU is UP 24 cents.....above breakout point $$$$
@ 11.19 AM the following are green :
BIDU,JASO(upgraded $100 target),STP,FSLR,SPWR,TSL,YGE,C (it was downgraded to sell this AM),SIRF,ICE (new high),POT,TSO,NVDA,NMX,VLO,ISRG,WFR (close to high),
IFN,GOOG,CSIQ,SINA,FMCN,SOHU,SNDA,GRMN,ASTI,VMW,ENER.
Solar as a sector is very strong.....so I have 3 different stocks in my portfolio.....
Good luck for rest of the day.
BLOG does NOT give buy or sell.
Saleem
Thursday, December 13, 2007
Market trying to ignore "negativity" !!!
Markets are trying very hard to ignore "negativity as perpetuated by media & shorts"
I will NOT be surprised that in spite of CPI being bad on Friday.....markets will ignore the headline and close GREEN !!!!
Green close on Friday will give bulls a big vote of confidence & much needed $$$......
Always follow a well researched plan of buying stocks @ lower levels or when it is trending UP.......
In my portfolio :
RIMM was "the superstar in my show today UP $4.09"
AAPL was the second runners UP ...gave me 97 cents.....only $5 away from all-time HIGH...alerted for breakout @ $196.86 target $213.10......
HOKU closed down 27 cents...alerted to breakout @ $11.22 target $12.89.....
LDK was down $1.82 ....alerted for breakout @ $58.85 target $69.26.....
AGU down $1.09 closed @ secondary price....very impressive recovery from low of the day...also closed above 50DMA !!!!
All breakout & targets are courtesy of www.stockconsultant.com
My stocks were break even......got a nice gift from my short of canadian $ which was very WEAK down 84 tick......estimated overall gain .6%...will know the exact $ in AM.....
Today's market internals were decidedly negative all over....headline close were deceiving !!!
AH ESLR was UP $3+ on a 10 year deal to get Silicon from a supplier Silpro......
Good luck for Friday the 14th.
BLOG does NOT give buy or sell.
Saleem
I will NOT be surprised that in spite of CPI being bad on Friday.....markets will ignore the headline and close GREEN !!!!
Green close on Friday will give bulls a big vote of confidence & much needed $$$......
Always follow a well researched plan of buying stocks @ lower levels or when it is trending UP.......
In my portfolio :
RIMM was "the superstar in my show today UP $4.09"
AAPL was the second runners UP ...gave me 97 cents.....only $5 away from all-time HIGH...alerted for breakout @ $196.86 target $213.10......
HOKU closed down 27 cents...alerted to breakout @ $11.22 target $12.89.....
LDK was down $1.82 ....alerted for breakout @ $58.85 target $69.26.....
AGU down $1.09 closed @ secondary price....very impressive recovery from low of the day...also closed above 50DMA !!!!
All breakout & targets are courtesy of www.stockconsultant.com
My stocks were break even......got a nice gift from my short of canadian $ which was very WEAK down 84 tick......estimated overall gain .6%...will know the exact $ in AM.....
Today's market internals were decidedly negative all over....headline close were deceiving !!!
AH ESLR was UP $3+ on a 10 year deal to get Silicon from a supplier Silpro......
Good luck for Friday the 14th.
BLOG does NOT give buy or sell.
Saleem
Consumer & inflation alive but markets in coma ???
Todays economic data is pointing to the following :
-Consumer is alive & well.......
-Jobless claims dropping......
-Inflation @ high..guess why ?...Energy !!!
None of the above is a tell-tale sign of recession or deflation......
So much for all the grandiose theories by economist.......
David Rosenberg "stated with a smile that US was in recession as of 3 weeks ago"..he is the Chief Economist of Merril Lynch......
Investors & traders have been confused by all the theories thrown @ them daily......
None of the popular theories are panning out by data.......
So talk is WRONG & data is always ACCURATE !!!!
I am sure we all have heard that "numbers do NOT lie"...commentators on CNBC DO ????
In my portfolio :
I sold DSX ..booked a loss of almost $3 per share.....reason....I bought when it was above 50dma now stuck in the mud below 50DMA.......
I added 120% more HOKU...my cost went down to $12.03......feel much better about solar sector.....
AGU priced its secondary @ $58.....it is down $1.94.....
LDK is down $2.31......
AAPL is down $1.70....
RIMM is down 59 cents....
HOKU is down 46 cents.....
@11.23 AM the following are green :
ICE,LVS,NMX,MA,FSLR,ESLR.
Markets are down 1% as I write....so market remains in COMA...needs adrenalin to get going...I am expecting a better close...always OPTIMISTIC...it is a disease...hard to get rid of !!!!
BLOG does NOT give buy or sell.
Saleem
-Consumer is alive & well.......
-Jobless claims dropping......
-Inflation @ high..guess why ?...Energy !!!
None of the above is a tell-tale sign of recession or deflation......
So much for all the grandiose theories by economist.......
David Rosenberg "stated with a smile that US was in recession as of 3 weeks ago"..he is the Chief Economist of Merril Lynch......
Investors & traders have been confused by all the theories thrown @ them daily......
None of the popular theories are panning out by data.......
So talk is WRONG & data is always ACCURATE !!!!
I am sure we all have heard that "numbers do NOT lie"...commentators on CNBC DO ????
In my portfolio :
I sold DSX ..booked a loss of almost $3 per share.....reason....I bought when it was above 50dma now stuck in the mud below 50DMA.......
I added 120% more HOKU...my cost went down to $12.03......feel much better about solar sector.....
AGU priced its secondary @ $58.....it is down $1.94.....
LDK is down $2.31......
AAPL is down $1.70....
RIMM is down 59 cents....
HOKU is down 46 cents.....
@11.23 AM the following are green :
ICE,LVS,NMX,MA,FSLR,ESLR.
Markets are down 1% as I write....so market remains in COMA...needs adrenalin to get going...I am expecting a better close...always OPTIMISTIC...it is a disease...hard to get rid of !!!!
BLOG does NOT give buy or sell.
Saleem
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