Markets continued its YOYO moves by closing sharply UP......
Dow was UP 261.66.......
Markets are trying to form a "strong bottom".......
Again many sectors were strong.......Techs,financials & housing......
Volume was very heavy ..thanks to Quad OE & long weekend.....
Short covering before long weekend also played a role in snap back......
In my portfolio :
Sold V for a gain of $4.75 per share.....
Sold CMED for a loss of $2.30 per share.....tape was very weak lately......
Bought LULU cost $27.41
My portfolio is :
BRCM,JNPR,LULU,NVDA & QLD.....
BRCM rating 75/95 target $18.00
JNPR rating target $26.52
LULU rating 65/45 target $28.35
NVDA rating 80/85 rated for a "breakout" @ $18.41 for a target of $20.75
QLD rating 60/45 target $72.15
In other stocks :
UYG rating 30/30 target $34.90
RIMM rating 35/45 target $105.88
10AM Friday I will post a list of technically weak/strong & buy rated stocks.....
Enjoy Easter holiday !!!!!
BLOG does NOT give buy or sell.
Saleem
5 comments:
Saleem, any reason for selling V early.... it moved quite nicely today... I am actually planning to add more on any dips. what do you think?
Hi Troy,
You were saying that there is a rumour of Barrons negative take on V this weekend.....so wanted out with profit.
I also think..it MAY have run too much too fast???
Saleem
saleem I know that you have moved out of solar and ag due to weakness I still hold some csiq at 20 and agu at 60 both companies have had good fundamentals could you comment on your sense of intermediate term prospects for these stocks thanks for your continued advice peter
Hi Peter,
Solar is still showing weakness...so caution is warranted..CSIQ remains a much better play based on its last CC.
Ag is a much better environment..AGU is OK going forward..but POT is better.
Hope that helps.
Saleem
Saleem, I agree with you, will do the same on Monday...
But, in the post, I did mention that it was "rumor".... sorry if I confused anyone...
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