Nasdaq is weak among all indices..currently down 1.32%.....
NASDAQ is weak due to weak guidance by ORCL......
NASDAQ has been leading the averages over several days.....so a pullback was overdue....
Solar stocks are continuing their RUNUP based on Q-cells excellent ER & guidance..Q-cells is among the biggest solar company in the world.....
In my portfolio :
Doubled my position in RIMM @ open...which was NOT the best time to buy today... my cost jumped to $115.15....
AAPL down $1.69
BRCM down 8 cents
LULU down 54 cents
NVDA down 8 cents
PIR down 18 cents
RIMM down $3.82 cents
@ 11.26 AM the following are green :
STP,LDK,CSIQ,FSLR,JASO,SOLF,TOL,TSL,SNDK,POT,
TKC,CTRN,NMX,VLO,SPWR,DRYS,FWLT,EZA,EBAY.
BLOG does NOT give buy or sell.
Saleem
SALEEM
ReplyDeleteNo one has perfect timing
YOu seem to better that the average
Did you see htis on AAPL
http://www.marketwire.com/mw/release.do?id=833439
Hi Madmax,
ReplyDeleteI strive to buy "good stocks on weak days"
Open sounded good enough to me after GDP report & GOOG downgrades.....
But..it was NOT meant to be !!!
Saleem
Solars are back, check out LDK, JASO, AKNS and many others...
ReplyDeleteBought JASO @ 17.93 at almost LOD....
ReplyDeleteWhy is everyone so quiet, on vacation or what?
ReplyDeleteHi Troy,
ReplyDeleteWe are all here.....
NOT having a good day @ all..thanks to RIMM & AAPL???
Good luck on JASO...again !!!
Saleem
Update from LDK's biggest customer, must read:
ReplyDeleteUPDATE 2-Q-Cells lifts outlook on silicon deal, shares rise
http://www.reuters.com/article/marketsNews/idINL263574120080327?rpc=44
RIMM & AAPL are leaders, they are generally down because of ORCL's miss, they will surely come around..
ReplyDeleteHi Troy,
ReplyDeleteToday they are down ...down & down...AAPL & RIMM that IS !!!
Saleem
Saleem,
ReplyDeleteI just got home and was shocked to see RIMM where it is. Im buying right now. Talk soon.
TROY
ReplyDeleteWe are all here
I am looking for a positive green close... I may not get it, however!!!
I got a little of AAPL at $142.75 only to see it drop to $141.12/
My timing was bad
CHL is climbing on good phone news in China.
Good Luck all--we need it today
M
MER going down, rumors aplenty, keep an eye on it, this can bring market down...
ReplyDeleteSaleem
ReplyDeleteHere is IBD on AAPL
IBD SmartSelect® Corporate Ratings
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
98 84 D+ A C over all rating is A- this is great IMHO and ranked best of Breed;
Top 5 Companies in the Computer-Manufacturers Group Stocks Above $10 - Sorted By Best Overall Rating
Apple Inc AAPL
Hewlett-Packard Co HPQ
Dell Inc DELL
Sun Microsystems Inc JAVA
Computer-Manufacturers Group only has 4 companies above $10
Hi Madmax,
ReplyDeleteWelcome to AAPL club.....
Friday should be strong for AAPL...imho
Saleem
Saleem,
ReplyDeleteI am in the hunt for a buy. I was thinking about QLD again. Do you think this is a good time/price to enter? Thanks for your thoughts.
I am glad that I waited to hear your answer. I am not doing QLD until I see what is up for tomorrow. Talk soon.
ReplyDeleteHi Doug,
ReplyDeleteSorry for late reply...a friend was calling from MN....
Close was lousy ......
Saleem