Markets are showing stability by closing near high of the day again......
Fed MAYBE.....is in sync with market expectations of 50 basis cut......
50 basis cut by fed will help business,consumers & homeowners and will help in turning this economy around......
After close YHOO came in with a "weak guidance & wimpy cost cutting measures"
YHOO down over $2 AH.......
In my portfolio :
AAPL UP $1.53..rating 100/85..target $147.50
AGU.TO down 15 cents...rating 40/30..taget $66.74
AKNS UP 51 cents...not rated......
CSIQ UP $1.02..rating 85/85 breakout @ $19.47..target 23.37
LDK down 72 cents..rating 40/95... target $47.82
MA UP $2.46....rating 50/30..target $197.98
PCA.TO UP 43 cents..rating 85/30..target $50.34
UEX.TO down 20 cents...not rated
In other stock :
RIMM..rating 55/75...target $102.24
Evaluate your trades/positions in view of YOUR take of market reaction as a result of FED decision.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem and all, I highly appreciate all the feedback regarding VMW...
but I feel that the selling is overdone and in a long run the product is way ahead of the competition... after reading all the articles it looks that mgmt were just sandbagging the earnings & guidance like AAPL and in a long run it will move up once the tech is in favor
I again appreciate all the feedback....
Hi Troy,
I am glad that you have taken a very good look @ the ER of VMW.
Your OWN comfort level is what counts......
Nobody knows ...where any stock will be in future ....
We are all trying to take a calculated risk with each stock.
Good luck with your decision.
Saleem
Tech is not in favor, look at AAPL, RIMM, GOOG, BIDU, INTC and now YHOO...
maybe all the tech owners will have to hold little longer and be patient and hope for the best....
As Saleem said, no one knows what happens in future... all we can do is hope for the best and be prepared for the worst....
GOOD morning to ALL:
Looks liek a week open but AAPL is UP, as is DSX the DRY rate are climbing way Higher, hurray...
My NYX is down I guess the market will be mixed untill the BBernanke speaks
Good Luck all
Madmax
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