Wednesday, March 26, 2008

Markets down 1%..thanks to financials !!!

Markets are in giveback mode after negative take on financials by analyst......

Home builders are also under pressure thanks to downgrade of BZH & HOV.....

Oil is UP......

Gold is UP.....

$ is DOWN......

Sounds familiar?????

So the markets are down.........

In my portfolio :

As planned .....added 37% RIMM @ open..my cost went UP to $113.20.....

AAPL UP $3.56

BRCM UP 21 cents

JNPR down 29 cents

LULU UP 35 cents

NVDA down 60 cents

PIR down 47 cents

RIMM UP $1.84

@ 11.22 AM the following are green :

TSO,VLO,ICE,CTRP,BIDU,COIN,ABX,FSLR,DRYS,GOOG.

BLOG does NOT give buy or sell.

Saleem

11 comments:

  1. it's so exciting to watch Dylan Ratigan walk the floor while he talks. Whoo whoooooo whooooooooo. It just looks so, well, exciting. LOL. And when he waves his hands as he talks, oh man, it is just so, exciting!!! LOL. There must be much going on there. I feel left out. I mean to walk and to talk at the same time, Im so, well, excited!!! LOL. Or is it much ado about nothing?

    ReplyDelete
  2. Hi Doug,

    Mr Rat..igan gets so much airtime on CNBC...you will wonder if no one else can read teleprompter in NYC......????

    Saleem

    ReplyDelete
  3. DOUG

    I had to turn th eTV off Dillian gave me a head ache

    Smile:)
    M

    ReplyDelete
  4. SALEEM
    Screen of the day _ IBD:
    Screen of the Day: Accelerating Fund Ownership
    Symbol Company Name Overall
    Rating # of Funds
    Last Rpt'd Qtr. Additional
    Research
    ILMN Illumina Inc 99 199
    FLS Flowserve Corp 99 185
    FCN F T I Consulting Inc 99 166
    RBN Robbins & Myers Inc 99 118
    CALM Cal-Maine Foods Inc 99 58
    ATLS Atlas America Inc 99 51
    WCN Waste Connections Inc 98 181
    LIFC Lifecell Corp 98 147
    CNQR Concur Technologies Inc 98 139
    FLO Flowers Foods Inc 98 134
    SPSS S P S S Inc 98 132
    SAFM Sanderson Farms Inc 98 109
    KVA K V Pharmaceutical Cl A 98 99
    AZZ A Z Z Incorporated 98 48
    LKQX L K Q Corp 97 187
    ATR Aptargroup Inc 97 156
    HK Petrohawk Energy Corp 97 155
    VIVO Meridian Bioscience Inc 97 138
    MATK Martek Biosciences Corp 97 136
    CMCO Columbus Mckinnon Corp 97 87
    CMP Compass Minerals Intl 97 81
    KOP Koppers Holdings Inc 97 76
    TUP Tupperware Brands Corp 96 179
    ME Mariner Energy Inc 96 150
    ROC Rockwood Holdings Inc 96 86
    GTLS Chart Industries Inc 96 67
    WCRX Warner Chilcott Ltd 96 61
    IHS I H S Inc Cl A 95 135
    COG Cabot Oil & Gas Corp 94 152
    UVV Universal Corp Va 94 134
    UMBF U M B Financial Corp 94 86
    PRGS Progress Software Corp 93 140
    CCK Crown Holdings Inc 93 134
    DCI Donaldson Co 93 117
    CCC Calgon Carbon Corp 93 77
    ENS Enersys 93 60
    OLN Olin Corp 92 136
    BCO Brinks Co 92 125
    HTLD Heartland Express Inc 92 114
    BKC Burger King Holdings Inc 92 97

    ReplyDelete
  5. Hi Madmax,

    None of my stocks are in this list ???

    Saleem

    ReplyDelete
  6. Hi Saleem. Volume is tracking much lower across the board. No conviction on this down day. On my stocks RIMM, POT up nicely. CELG, TITN at break even. Today is not as bad as some try to make it out to be.

    ReplyDelete
  7. Hi Minaccess,

    Market faced many negatives today....reaction...YAWN @ best

    Sign of very good things to come !!!

    I am adding daily to my portfolio !!!

    Yes....RIMM,POT are doing good !!!

    Saleem

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  8. Hi Saleem. Looks like ORCL is going try to upset a rally for tomorrow.

    ReplyDelete
  9. Hi Minaccess,

    Another day to add on weakness.

    ORCL is NOT a growth company...they grow by acquisitions.

    Saleem

    ReplyDelete
  10. Saleem,
    I took a stab at LDK today. I traded it once for about a $500 gain and then bought it again on a retracement and held. I sold NBR for a small profit which was probably not smart. I probably should have held it but I did make a couple hundred, so no harm done. So I am RIMM, LDK and CPST. I cant be at my computer in the morning, so I am paranoid about holding 3 stocks without being able to watch. I wont be able to get home until after 12:00 so I will talk to you then. Best wishes in the a.m.

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  11. Hi Doug,

    Congratulations on profitable trade on LDK.....

    SOLF reports before pre-market...which will dictate tape for all solar.

    Saleem

    ReplyDelete