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
14 comments:
My portfolio
CHL 25%
HDB 25%
NVDA 25%
CMED 25%
Longs for next year
Hi Standard,
Nice portfolio equally weighted in $ allocation.
HDB is very interesting....among the strongest Bank ...I have observed....nice pick.
NVDA looks good also as AMD is floundering.
Good luck for next week.
Saleem
Hi Saleem,
The market never fails to contradict logic and good sense. What are your thoughts on adding to a position on weakness? Its almost like fighting the tape or avg. down. Both are bad, but buying cheap is addictive too.
Best Regards.
Standard
http://chinaentrepreneur.blogspot.com/20...
Take a look at this link. CJL is going with Blackberry in China.
THis is good for RIMM and CHL, IMHO.
thanks again patience in doing your Blog and helping us fledgling investors. ANd you are right on with how CNBC etc, make news and report junk, have you remind me of this is a big help in seeing past the blizzard of BS form the news casters.'
THanks again and I have the following
CHL, RIMM, DSX
ESLR, LDK, HOKU and NYX
Madmax
Hi Standard,
Averaging down has everything to do with your due diligence and MORE importantly...does the wall street care for your stock or that sector.
Sector focus most people forget...it is important to follow momentum...which optimizes your $$ big time vs sitting & WAITING for a sector to be in VOGUE and losing EQUITY in that wait.
Saleem
Saleem
Hi Madmax,
Your portfolio is well diversified.
CHL/RIMM/ALU are all involved in BB being sold in China.....it will be great... once they rampUP.
RIMM tape is telling me that fear about future sales were overblown.
CNBC is for ratings.....not for doing well researched analysis....
Host/Hostess talk @ such great speed...so they are just reading script @ the fastest possible rate...not an environment for an in-depth discussion.
CNBC Hostess do 95% of talking & guest are allowed 5 second to respond.....take a pass on the whole CNBC scene.
Did you notice they all SHOUT also...why ???...because what they are saying has NO depth ???
Saleem
Saleem
Saleem,
I have a question regarding stock split-ups. I have positions in FMCN and added some more last week before the they bought CGEN or the talk of split-up came out publicly.
How does this effect the stock I own with FMCN. I heard they are going to go with a separate wireless IPO, another in-store IPO and they have the usual Outdoor advertising. Do I get to own the stocks with the new IPO's or will we get more stocks for the value. Looks like they realized their wireless business is very strong and probably raising capital with the craze of impending Olympics next year. Not sure how to take this information, may be you can share some of your thoughts on this.
Thanks,
Sankar
Hi Sankar,
When any company does an IPO of existing business.....generally existing shareholder DO NOT get any shares of IPO.
Examples are CY IPO of SPWR...
EMC IPO of VMW.....
FMCN may NOT see any change in price as they will realize extra value from IPO.
Generally IPO is NOT 100% floated...initially 20% to 30% is floated.
FMCN is also being added to Nasdaq 100..which also helps in moving the stock UP.
Saleem
Hi Saleem,
You mentioned in an earlier comment that sector focus is important when choosing momentum stocks. Is there an online service that provides info on the top performing sectors? Also how did you find out that FMCN was added to the Nasdaq 100 or that LDK signed a big contract? What service do you use to get that info or do you look at each individual stock on the yahoo stock site to get info?
Thanks in advance for your help,
Ken
Saleem,
Thanks for the information. I haven't thought of EMC/VMW analogy. As a investor, I am not thrilled about the spin-offs as they are taking good revenue generating streams out of the pocket. Those spin-offs may indirectly help the balance sheets but I am not really happy. B'cause I invested in FMCN as being a whole package of outdoor/wireless business and now wireless revenue will not be showing up on FMCN balance sheets.
Yes, NASDAQ listing may give this a little boost.
Hi Ken,
I do NOT subscribe to any service.
Most service charges you money and follows a trend which is already in place......with NO guarentee of course.
Subscription service give you a dream target plus an 8% loss selling target.....
So after paying monthly fees...they guarentee you to lose all your equity in 12 trades ...if it does NOT pan OUT......
These services are @ best 40% success rate........
Now for what I do....
I set up my portfolio in yahoo finance in one folder as current portfolio and monitor & read all the news about my portfolio of max 6 stocks...so I am updated every second with news.
Then I set up another folder where I have about 55 trading stocks who are fast growth and are in focus by wall street....they can be spotted by watching big gainer list & highest volume list...on NYSE/NASDAQ/AMEX/TSX/......
I continue to monitor both list and read every news which comes out.
Those who go for short cut like subscription to IBD or IH....do NOT develop their own system of buy & sell.
Short cuts always gives short return...imho
So....fundamental analysis is the first 70% and 30% comes from Technical analysis.....
Most subscription service overemphasize the role of technicals...that is why most subscriber do NOT show high return for the year....
Do you know why....NO CONVICTION....so NO TIKI NO LAUNDRY !!!!
Saleem
Hi Sankar,
Do NOT sweat too much over upcoming IPO......
FMCN will release only 20% of ownership...so this way they will grow that 20% business
And still get the benefit of 80% Sales & EPS Q after Q....
IPO creates BUZZ about parent company also.....FMCN will be much higher than recent trading price...
You know WHY...because Investment Banking fee gets brokerages pushing FMCN......which will put $$$ in your pocket...
Saleem
Hi Saleem,
Thanks for the response to my question about getting thr latest news on my stock portfolio. I have a yahoo account and I will try your approach. I also have an investment account that occasionally gives me alerts for stocks. I got an alert tonight about AGU---First Call Consensus upgraded AGU from hold TO BUY. I hope this will get the price back up into the $60 plus level.
Good luck next week,
Ken
Hi Ken,
I am glad that you are going to implement Yahoo Finance two portfolio format.....
Two portfolio format is important...because you want to immediately read the news about your current portfolio.....
Your watch list portfolio can wait whenever you have time.
I also get FREE newsletter twice daily from www.streetsign.com & www.schaeffersresearch.com they are both useful written by different analyst with updates on many many stocks..
Street is fundamental analysis & schaeffers is about technical & options.....I read them immediately also....
Please note I do not use options ever.......
Hope it helps $$$
Saleem
Post a Comment