The following stocks are showing momentum.....when markets are going UP.Please limit your loss as these stocks are very "volatile in this difficult tape".Take "quick profit".......or else see it disappear in a hurry......
FWLT,GRMN,CMED,LDK,CSIQ,MA,AGU,POT,MOS,BG,FSLR,JASO,
STP,AKNS,AAPL,GOOG,BIDU,RIMM,BRCM,TSL,ICE,CTRP,
NYX,NMX,ABX,GG,AUY,KGC,LVS,WYNN,SPWR,ISRG,WFR,
AMZN,DRYS,SOHU,VMW.
Will post on sunday by 10AM.
Please do your OWN due diligence & maintain your OWN comfort level with this UNPREDICTABLE markets.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteAlways interesting to watch what goes on in the market. It acts like an old woman who has her last monies in stock. Frightened she pulls it out, then greed for more, she puts it right back in. Emotional buying and selling. Your strategy works well with her. Peace.
Standards
Good morning Saleem,
ReplyDeleteThis week should be very interesting. Will the Fed cut 50? Will ER's be strong? Will MM's try to test the lows of 08? Will job reports bolster the last one? But most importantly, will LDK and MLNM breakout??? LOL...
I don't know if anyone published this link yet, but here it is. Peter Lynch's take on the economy and the Solar sector.
ReplyDeletehttp://www.renewableenergyaccess.com/rea/news/ate/story?id=51229
Hi Mainer,
ReplyDeleteI just wonder if all Solar companies should be lumped into a sector and be judged solely on that? I know that sectors matter a lot, but Peter discussed problems that affect some companies and do not affect others. LDK is selling products in Asia for example. China has made a commitment to alt. energy. LDK is not dependent of German demand or tax credits from the U.S. The only short term threat could be increased competition and tightened profit margins. But LDK has new contracts that make their PE and investment attractiveness much more attractive than others. IMO. I do hold LDK so maybe I am bias. LOL... I would love for anyone to challenge my opinion as I always like to hear all sides.
Hi Standards,
ReplyDeleteMarkets are going through JOLT mode...this will continue until there is CLARITY about economic challenges & its impact worldwide.
Money CAN be made in all kind of markets if dd is done......
This ROUGH patch will go away in August...I hope.....
Good luck in your patience...this shall PASS soon enough.....
2009 is not that far off....
Saleem
Hi Doug,
ReplyDeleteEvery week is interesting in wall street till august......
It is going to be two days UP & two days DOWN.....
Some sectors have found bottom...and is staring @ all of US.
Saleem
Standards, Saleem and other AAPL holders,
ReplyDeleteWhat are your thoughts for AAPL. Since December 2007, price action has been brutal needless to say. My feelings long-term (>6 months) are very positive. What I am wondering is... what are your thoughts regarding near term (now through 3Q 2008)? How is everyone handling the volatility now? and will you be trading out if there is a near-term market rally? What is everyone's strategy long and short-term?
Hi Bruce,
ReplyDeleteThis market will remain volatile until august..imho
Markets will be rangebound with ascending slope....
I never talk about my next purchase...but to deal with your question with meat & potato...
I will be adding AAPL on monday...
I will trade out of AAPL ..hoping for a $12 move UP.....
This is a market for rapid trades on volatile stocks like AAPL & RIMM......based on how I want to play it......
Hope it helps !!!
Saleem
Hi Saleem and others. I sold AAPL on 1/4/2008 at 185.86, some $55 ago. Even though it was $55 ago, it was still at a loss for me as I bought at 194.67. I limit my losses for capital preservation. I have been looking to re-enter, but still skeptical. What happened to all the i-phones that were sold but not activated? Less than expected ipods? Ultra-conservative guidance as well. Not getting the CHL contract. Be careful in this difficult market. Peace.
ReplyDeleteHi Bruce,
ReplyDeleteI like AAPL but do not hold any. Too risk bound for me right now, too much bad press. Too much attention on the downside.
Standards
Hi Minaccess,
ReplyDeleteThanks for your take on AAPL.
There has been lot of negative press on AAPL lately.....because hedge funds are short NOW....
@ certain point ...I have NO problem in being aggressive on a bargain like AAPL....
All the negativity is priced in AAPL imho.
Saleem
Saleem and all...Thanks to all responding to my AAPL inquiry.
ReplyDeleteSaleem, here is the latest IBD Rankings:
ReplyDeleteRank Company Symbol
---- ---- ----
1 BAIDU.COM INC ADS BIDU
2 PRICELINE.COM INC PCLN
3 POTASH CORP SASKATCHEWAN POT
4 INTUITIVE SURGICAL INC ISRG
5 VIMPEL COMMUNICATIONS VIP
6 CHIPOTLE MEXICAN GRILL A CMG
7 RESEARCH IN MOTION LTD RIMM
8 CHINA MEDICAL TECH ADS CMED
9 C F INDUSTRIES HOLDINGS CF
10 COMPANHIA SIDERURGIC ADS SID
11 H M S HOLDINGS CORP HMSY
12 F C STONE GROUP INC FCSX
13 BUCYRUS INTERNATIONAL BUCY
14 YAMANA GOLD INC AUY
15 ATWOOD OCEANICS INC ATW
16 NATIONAL OILWELL VARCO NOV
17 MINDRAY MEDICAL INTL ADS MR
18 SOMANETICS CORP SMTS
19 TELE NORTE LESTE PAR ADS TNE
20 LIFECELL CORP LIFC
21 MASTERCARD INC CL A MA
22 T THREE ENERGY SERVICES TTES
23 H D F C BANK LTD ADR HDB
24 TURKCELL ILET HIZME ADR TKC
25 RANGE RESOURCES CORP RRC
26 HARBIN ELECTRIC INC HRBN
27 MOBILE TELESYSTEMS ADR MBT
28 MOSAIC COMPANY MOS
29 TELEFONICA S A ADR TEF
30 MILLICOM INTL CELLULAR MICC
31 GAMESTOP CORP CL A GME
32 CREDICORP LTD BAP
33 BLACKROCK INC BLK
34 CTRIP.COM INTL LTD ADR CTRP
35 IRIS INTERNATIONAL INC IRIS
36 MASSEY ENERGY COMPANY MEE
37 WESTERN DIGITAL CORP WDC
38 AGRIUM INC AGU
39 ENERSYS ENS
40 L K Q CORP LKQX
41 TEAM INC TISI
42 MERIDIAN BIOSCIENCE INC VIVO
43 ARENA RESOURCES INC ARD
44 OPEN TEXT CORP OTEX
45 CAPELLA EDUCATION CO CPLA
46 DEERE & CO DE
47 ABAXIS INC ABAX
48 SONOSITE INC SONO
49 W M S INDUSTRIES INC WMS
50 ANSYS INC ANSS
51 QUICKSILVER RESOURCES KWK
52 SOUTHWESTERN ENERGY CO SWN
53 M E M C ELEC MATERIALS WFR
54 OPTIONSXPRESS HLDGS INC OXPS
55 ROSTELECOM LONG DIST ADS ROS
56 HUMANA INC HUM
57 OMNICELL INC OMCL
58 CENTRAL EUROPEAN DIST CP CEDC
59 STANLEY INC SXE
60 AMEDISYS INC AMED
61 FLIR SYSTEMS INC FLIR
62 BLUEPHOENIX SOLUTIONS BPHX
63 HOLOGIC INC HOLX
64 AMERICAN PUBLIC EDUC INC APEI
65 FOCUS MEDIA HOLDING ADS FMCN
66 NATUS MEDICAL INC BABY
67 INTEGRAL SYSTEMS INC ISYS
68 CAMERON INTL CORP CAM
69 WEATHERFORD INTL LTD WFT
70 JINPAN INTERNATIONAL LTD JST
71 NASDAQ STOCK MARKET INC NDAQ
72 SUPERIOR ENERGY SVCS SPN
73 GREEN MTN COFFEE ROASTRS GMCR
74 DYNAMIC MATERIALS CORP BOOM
75 AIR METHODS CORP AIRM
76 CHINA MOBILE LTD ADR CHL
77 NOKIA CORP ADS NOK
78 BERKSHIRE HATHAWAY CL A BRKA
79 M S C I INC CL A MXB
80 DENBURY RESOURCES INC DNR
81 ICON PLC ADS ICLR
82 MECHEL OAO ADS MTL
83 MONSANTO CO MON
84 CORE LABORATORIES NV CLB
85 TRANSDIGM GROUP INC TDG
86 NATURAL GAS SERVICES GRP NGS
87 PHASE FORWARD INC PFWD
88 SMITH INTERNATIONAL SII
89 ENERGEN CORP EGN
90 C M E GROUP INC CME
91 NEWMARKET CORPORATION NEU
92 BANKRATE INC RATE
93 URBAN OUTFITTERS INC URBN
94 G F I GROUP INC GFIG
95 A Z Z INCORPORATED AZZ
96 VALMONT INDUSTRIES INC VMI
97 STRAYER EDUCATION INC STRA
98 JACOBS ENGINEERING GROUP JEC
99 COVANCE INC CVD
100 KENDLE INTERNATIONAL INC KNDL
Hi Madmax,
ReplyDeleteThanks for posting IBD 100.
It is a very important tool to make decision about buy & sell.
Saleem
©2008 Investor's Business Daily
ReplyDeleteStock: Apple Inc
Symbol:
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Current Price: $130.01
Exchange: NMS
Industry Group: Computer-Manufacturers
Overall Rating: (81 = B)
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Stock's Diagnosis
Technical Rating (66 = C) Group's Technical Rating (78 = B-)
Fundamental Rating (99 = A+) Group's Fundamental Rating (74 = C+)
Attractiveness Rating (39 = D) Get These Ratings On Your Cell Phone!
Apple Inc's Rank within the Computer-Manufacturers Group
worst best
Overall Rank: 2nd out of 12 stocks
worst best
Technical Rank: 2nd out of 12 stocks
worst best
Fundamental Rank: 1st out of 12 stocks
worst best
Attractiveness Rank: 6th out of 12 stocks
HERE is some AAPL news from IBD the onoy negative I see is a D inaccumulation by institutions.
This is a marvelous opportunity
Madmax
Madmax,
ReplyDeleteThanks for you AAPL IBD info.
Hi Bruce,
ReplyDeleteI realized this week that I have been more confident to trust my instincts and made several profitable trades, because my long LDK position has been improving and I am not holding the bag so badly. My point to you is, I hope that you can see that wether or not I have been in a loss hold with LDK, I could have still been making good and profitable trades. It was my confidence and my timing that was off, wether the LDK position was up or down. So, while you are in the hold position with your AAPL investment, I hope that you will see past that and realize that these extreme volatile swings are offering fabulous opportunities, both long and short. IH says that the next few months could be more profitable for traders than two years worth of more normal range bound years. You probably already know these things, I just saw the impact of being in a loss position and what I allowed it to do to me. Now if LDK goes back down for some reason, I am not going to let it stop me from trusting my instincts and keep my money working for me. best of luck. I Hope I didn't come off as preachy, that was not my intention. I am more than anything, using the blog as a soundboard to get my own thoughts out and bolster my observations to myself, so that I can continue to be effective.
DOUG
ReplyDeleteI was not sure about your message, as to a complaint or informatin sharing. I have learned a lot since this message board. First it requires a whole lot of conviction to handel this market. But IMHO you are more of a day trader than opportunity trader. So you time horizon is totally different than mine.
I once learned that buying and selling channeling stocks was a good method to make $$$. Now I look at FA a lot more and then look TA and try to get my target selling price.
Saleem has helped me in this regard
Have a great day!!!!!!!!!!!
Peace
Madmax
Hi Mad,
ReplyDeletethanks for letting me know that my message was vague. I was not complaining at all. I was saying that sometimes, if we find ourselves down in a position, it can affect our whole approach to the market. And sometimes that can stop us from making money because of being on "tilt" like in poker, when you are losing and your judgement gets worse and worse. Once I realized that this was happening to me i.e. LDK, it gave me the chance to say "I cant let a bad position in a stock stop me from continuing to make Money with my cash on hand". So, I was just trying to encourage Bruce and others who are way down in a stock, to keep making money with the cash they have and not sit on the sidelines because of potential clowded judgement or fear of losing more... I hope that makes sense. p.s. I am also a big believer in LDK. It just happened to be the stock that made me realize how being in loss position got me scared to keep trying to make money. It is when it came back that I started getting confident again. Now that I know this,I wont let any stock stop me from working my game plan in the future. Love the interaction on the blog!!!
Doug,
ReplyDeleteI agree with you on LDK. When the new plant comes online, and the margins increase, could make over $5 a share. Times a reasonable (low?) PE of 30,
it could blast past 100.
But it's a 2009 story. However, the mutuals may pick up on it and then discount the 2009 success into 2008.
My time horizon is one to two years.
I'm underwater now, having sold at $70, and then bought back at $49, but will not be shaken out of this position unless it becomes apparent that new poly plant will not come on line.
That's a long shot.
And no matter what the supply/demand of poly is this year, the world is moving toward solar. Wouldn't it have been nice to gotten in on the ground floor of oil at the beginning of the nineteen hundreds? With solar, we have that chance.
Tom
Hi Board. LDK may be a 2009 story, but stocks are markets are forward looking. This is the time to accumulate smartly. Still, this market is tough. We may get a chance to buy more near 30. Peace.
ReplyDelete