Well well well......best market RUN UP in 5 years......
I am sure all of us can handle that...a nice 4 % jump in indices ......
Also nice to know that majority of "hot shot traders do NOT believe in this rally"
So....we have few more days of this rally...as skeptics will cover @ higher S&P 500....
Today's rally was extremely broad based as every sector was hitting "green"
Expect a follow through on wed.......
In my portfolio :
CSIQ rating 60/95 target $22.83
CMED rating 100/80 target $41.98
COIN rating 75/95 target $16.23
RIMM rating 35/59 target $110.46
In other stocks :
DUG rating 100/70 target $40.58
NVDA rating 75/100 rated for a "breakdown" @ $18.24 with a target of $15.59...IF NOT 1st UP target is $21.86
TOL rating 80/80 target $22.17
Ag stocks were flying POT,MON,MOS,AGU
Other strong stocks were GOOG,ISRG,BIDU,GS,AAPL,FSLR,MA,DRYS,BUCY,ICE...
ETF were strong also like IFN,EZA,EWM,EWY......
JASO reports before open..analyst are expecting good ER......
BLOG does NOT give buy or sell.
Saleem
13 comments:
Wow, I never thought Message board people have this much power, look at the headline below:
Correction: Please Disregard Retransmitted Articles
March 11, 2008 9:45 p.m.
Five articles involving LDK Solar Co. were incorrectly retransmitted Tuesday afternoon. The date of their original publication is stated at the top of each article. Please disregard these retransmissions.
Hi Troy,
Even one person has lot of power..if they act..not just talk.
I had corrected Market cap & many ratios on GRRF by emailing Yahoo finance.
Never underestimate the fighting spirit of even one individual.
Saleem
Hi Saleem. Is DUG short against oil or oil stocks?
Amen to that Saleem!
Hi Minaccess,
Yes it is.....
I am closely monitoring for a position to short oil & Gas.....
They had unbelievable RUN....
DUG is the only safe way I know to SHORT...
Saleem
Hi Minaccess,
DUG is a short against commodity of Oil & Gas....
Sorry missed your thrust of your question.
Saleem
Hi Minaccess,
They are short Dow jones oil & gas index...50% is stocks...other 50% derivatives against Oil & gas index.
That is exact definition I found in MSN & Yahoo finance....
Saleem
FOR the record
FAST MONEY
Talked the hell out of shorting oil and gas---I believe DUG was the method that they recommended.
If any one can revisit the show you will see the comments
If any one does short please advise me as I have never done so the dark side
Oh good luck!!!!!!!!1
Madmax
Saleem,
I have TKC on my watch list again. LOL. Are you interested in taking a stab at it again???
Hi Doug,
TKC was flying yesterdat 12%+ move....
I say go for it......
I will add something on thursday !!!
Saleem
SALEEM
Looks like teh market is resting
My CSIQ, GS and PWE are up!
I do not follow TKC, it is down today
XTO is a buy on any pull back
Good Luck Doug and Saleem
Madmax
SALEEM todays hot stuff news:
w Liquidity Lifeline
In a coordinated effort with other major central banks, the Fed will offer $200 bil in Treasuries, accepting mortgage-backed securities as collateral. It'll accept only top-rated mortgage debt, but even that market has seized up in recent days. Policymakers are hoping the move will spur financial firms to lend more, but past actions have not restored market health. More
Central Bank Move Fuels Stocks
The Fed's move to pump more liquidity into the market sparked a surge in the indexes. The Dow rose 3.5%, the S&P 500 3.7% and the Nasdaq 4%. Banks were the biggest winners, but there were widespread gains. HMOs tumbled on WellPoint's warning. The 10-year Treasury yield rose 15 basis points to 3.60%. More
Trade Gap Widens On Oil Prices
The U.S. trade deficit rose to $58.2 bil in Jan. from $57.9 bil as imported crude oil prices hit a record. But the gain was less than expected, as exports rose 1.6% vs. Dec. and 16.6% vs. a year before. The nonoil trade gap fell to its lowest in nearly 5 years due to the weak dollar and economy and stronger overseas growth. More
As Miss. Votes, Dems Trade Jabs
Hillary Clinton argued Barack Obama has promised more than he's delivered, while Obama accused his rival for the Democratic presidential nomination of negative campaigning. Obama was seen winning the primary in Miss., where blacks dominate among Dem voters. With the close delegate count, the race could last until the Aug. party convention. The next big vote: April 22 in Pa.
Google's DoubleClick Bid OK'd
EU antitrust regulators cleared the Internet search and ad king's bid for the online ad management firm, removing the last hurdle for the $3.1 bil deal. Privacy advocates and Google (GOOG) rivals Microsoft (MSFT) and Yahoo (YHOO) had blasted the deal. A separate probe by privacy regulators on search engines' privacy policies is due to wrap up by April. Google shares rose 6%. More
Dollar Flies Vs. Most Currencies
With Fed action restoring confidence in the greenback, the dollar rose from an 8-year low vs. the yen to close up 1.68 yen to 103.43. The euro ended off a scant 0.10 cent to $1.5335, but not before first touching a new high of $1.5495. The dollar surged from record lows vs. the Swiss franc. But the Aus-sie and New Zealand currencies jumped, as soaring grain prices meant more export cash.
Pressure Builds On Spitzer To Go
N.Y. Republicans vowed to impeach Gov. Eliot Spitzer if he doesn't quit after the Democrat was identified as a high-priced call girl ring's client. The ex-state att'y gen'l, known for his cases vs. Wall St., found some longtime allies calling for his exit. Spitzer said nothing as of late Tue. It isn't clear if he'll face charges. The case began when banks reported suspicious cash transfers to the IRS.
24 Killed In Pakistan Bombings
Huge suicide bombs ripped through a police HQ and a business in the eastern city of Lahore, killing at least 24 people and wounding more than 200 others in attacks that deepened Pakistan's security crisis. The 2 blasts happened 15 minutes apart. At least 7 suicide attacks have occurred since Feb. 18 parliamentary elections.
Consumer Pessimism Deepens
The IBD/TIPP Economic Optimism Index fell 2 points in March to 42.5, the worst showing in the index's 7-year history outside of Sept.-Oct., just after Hurricane Katrina. Readings below 50 signal pessimism. Job losses, housing and stock market woes, and soaring gasoline costs are all weighing on consumers. Confidence in federal economic policies hit a new low.
Buckle Up On Same-Store Sales
The fashion retailer's Q4 EPS rose 29% to 94 cents a share, beating views by 9 cents. Same-store sales shot up 18.7%. Total sales rose 18% to $207 mil, in line with views. After-tax margin rose to 14%, the best in at least 3 years. Buckle (BKE) has expanded beyond its core teen customer to shoppers in their 30s and 40s. More
I as seeing a sea of GREEN
Wow shorts are running sacred
Look at my LDK and AGU up and away
lets rock
Good luck to all---we need it
M
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