Dow & all indices were down around .8%.......
Lot of negative news were @ play from durable goods weak order , downgrades in financials,Gold UP,Oil UP..........
AH ORCL ER was a miss on rev & guided 1 cent lower than consensus......most techs were down AH.........
SOLF reports before open..... which will affect all solar stock trading in pre-market & regular hour.....
In my portfolio :
Sold JNPR AH as GS is downgrading to neutral booked 40 cents per share profit.....In this market I do not want to hang around any stock which MAY be affected by downgrade and lose profit...
RIMM was strong on Citi analyst note of another "solid Q" target $140..expects a beat to Citi estimates......
AAPL was strong on Gartner report that AAPL has ordered 10 million 3g iphone...which will be a big hit worldwide.....expectations is for April release...also reported that all NYC stores are completely sold out of iphone.......
My portfolio is...AAPL,BRCM,LULU,NVDA,PIR & RIMM.......
AAPL rating 45/30 target $155.60
BRCM rating 55/30 target $21
LULU rating 25/30 target $34.93
NVDA rating 80/85 target $22.24
PIR rating 40/30 target $6.80
RIMM rating 25/30 target $125.11
Some solar stocks LDK,CSIQ,JASO were strong
BIDU,GOOG,ICE,VLO,TSO,POT.DRYS,COIN,ABX,V did well......
BLOG does NOT give buy or sell.
Saleem
12 comments:
Saleem,
Beatrice is having problems again, trying to access your blog. She wanted me to ask you if you are familiar with MELI? And if so, can you provide your opinion on it? Have a good night and I will talk with you tomorrow.
Hi Beatrice,
I do not follow MELI....our friend Bruce use to follow.
Saleem
LDK plant construction update:
Progress Update for March:
March 2008
- Completed the 5,699 cubic meters of structural concrete pouring for the Product Handling Building Mat Foundation.
- Completed concrete column pouring Elev. 89.
- Will complete concrete column pouring Elev. 89.
- Started excavation for foundation works - Control Building.
- Will start foundation works for Compressor Building No. 1
- Will start foundation works for Main Cooling Tower.
This is going to be huge, once the news of plant being on time breaks out... this will fly... crossing fingers and hoping for the best... no plans to sell till 2009-2010... lets see what happens...!!
Hi Troy,
Thanks for the update on LDK construction activity.
I firmly believe that LDK 2nd half of 2008 will be very strong...
There is some margin issue in 1st half due to persisting high poly cost..imho
Saleem
Saleem,
Are you following Solars at all this morning? Just wondering if you had an opinion on the direction of solar stocks given the SOLF ER? Thanks for any insight.
Hi Saleem,
I just sold my LDK in pre market for $28.23. As I mentioned, I cant be at my computer this morning, so I just let it go, for a nice profit though. So, I dont need guidance right now as I am out of solars. Thanks though anyway. Best wishes today.
Hi Doug,
Most solars are green including SOLF & LDK.....
LDK is showing higher highs...so you are looking very good....
LDK is bid UP in pre-market.
Saleem
Good Morning SALEEM
Just saying hello
I got some more QLD at $72 bucks last night, near the close
So I am a believer in Tech stocks
Still holding my LDK.
Looks like POT and AGU are taking a beeting today!
The very best to ya!!
Madmax
Hi Madmax,
QLD is a very conservative way to participate in nasdaq UP move.
Good luck on QLD.
LDK is breaking out today !!!
Saleem
Solars are back in favor... get in, this is the time...
Check this out,
California utility to turn roofs into solar power plants
http://greenwombat.blogs.fortune.cnn.com/2008/03/27/california-utility-to-turn-roofs-into-solar-power-plants/?source=yahoo_quote
SALEEM
and BLOG, this was new to me!
AAPL news:
http://www.marketwire.com/mw/release.do?id=833439
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