Markets are showing strength after finding support in 1325 area on S&P 500......
Retest of the low was successful second time.....
Markets are UP almost 1% on all indices......
In my portfolio :
CSIQ after excellent ER & Guidance is UP $3.02 on heaviest volume of almost 5 million....
COIN UP 62 cents
GS UP $2.52
LDK UP $1.00
TKC UP 7 cents
@ 12.15 PM the following are green :
AGU,MON,POT,BRCM,TSL,C,DELL,VMW,ICE,YHOO,CTRP,
WYNN,LVS,NVDA,NYX,NMX,AUY,ABX,SPWR,FSLR,ISRG,
SNE,IFN,DRYS,GOOG,FWLT,SOHU,SNDA,STP,INFY,AKAM,
JASO,FFIV.
Sorry for the late report as I had to clean up my driveway after a major snowstorm.
BLOG does NOT give buy or sell.
Saleem
10 comments:
Hi Saleem,
I sure do hope that LDk addresses all of the nay saying analysts points today. I hope they take them one by one and dispell the challenges that the analysts have charged them with. This is a great chance for shareholders if they can deliver.
Hi Doug,
LDK IS going to address all the issues.....so by 5PM we should see a reaction..hopefully.
I think enough info IS already out there about LDK...thus the downtrend is OVER...
Analyst are agenda driven...GS is probably covering slowly so IS PJ...I think...
Saleem
DALEEM
General news:
Major indexes in Japan and China showed mild losses. Mumbai's BSE 30 leapt 1.2%. In Europe and the U.K., indexes rose across the board: London's FTSE 100 rose 1.2%, Germany's DAX jumped 1.9%, and the CAC 40 in Paris posted a 1.6% increase.
Crude prices vaulted $3.15 to $102.67 a barrel after OPEC confirmed that it would not change its output quota. Weekly oil inventories data also figured into the increase, with stockpiles showing a hefty 3-million-barrel drop — their first decline in eight weeks. Already flush gasoline supplies continued to increase, rising 1.7 million barrels — to their highest level since Jan. 1994.
DryShips (DRYS) drove ahead 3.19 to 73.81. The dry-bulk fleet operator is licking its wounds after a steep, 63% correction. But it has found support above its 10-week moving average line and is logging huge double- and triple-digit increases in EPS and revenue
IOnteresting stuff
Have a great evening every one
Madmax
Hi Madmax,
I am monitoring DRYS closely...thanks to your conviction.
Saleem
SALEEM
Here are some other statistics:
Stockconsultatn says: 75?90
Target is $93.31.
IBD says:
Earnings Per Share (EPS) Rating Relative Price Strength (RS) Rating Industry Group Relative Strength (Grp RS) Rating Sales + Profit Margins + ROE (SMR) Rating Accumulation/ Distribution (Acc/Dis) Rating
99 98 C+ A B-
And best of all:
best
Fundamental Rank: 1st out of 50 stocks
just some stuff to ponder
I bought 85 shares at $79.50
Hi Madmax,
Thanks for info on DRYS !!!
Saleem
Saleem,
I am not able to connect to listen to the presentation. If you are, could you provide update? Thanks if you are able.
some of the key points from LDK conference:
30% lower production cost than competitors.
Price nearing grid parity, which will give an unlimited market for 10 - 20 years.
Poly plant coming along as planned (or earlier)
Double capacity 2008, double again 2009, production almost sold out.
Keep the faith, be ready to hold till 2009, do not be on margin, and you will be rewarded staying with LDK.
Hi Troy,
Thanks for the update on LDK conference presentation.....
LDK is a great story....but will require conviction & patience...
It is an easy Quadruple if they execute as planned.....mid 2009 quad is a given....imho
Saleem
Thanks so much for sharing and providing an update. I am just hoping more than anything, that it doesn't test any further down. It just feels so bad. LOL. I would be just fine with some consolidation and sideways movement, hopefully with share accumulation, for now!!! Best wishes.
Post a Comment