Market tape action today has nothing to do with Fed action......
Fed was right on the money with .25% cut across the board.....
Fed also signalled that rate cut MAY be over.....although they remain vigilant.....
So why the selloff from S&P 500 1404.57 to close near low of 1385.59.....????
First lot of traders wanted to lock big gains.....
Second...it was end of the month.....so some hedgies/mutual funds wanted to lock/show gains by selling.....
In my portfolio :
EGO rating 70/45 target $7.61
RIMM rating 25/90 target $136.24
TSO rating 50/95 target $30.99
TOL rating 65/65 target $26.81
In other stocks :
FMCN rating 20/30 target $38.51
NTES rating 25/30 target $23.42
MRVL rating 0/30 target $13.35
Strong stocks were FSLR,MA,V,CSIQ,JASO,GOOG,ICE,LVS,X,ABX,IPI,MON,MOS,POT.....
AH LVS is down $7++ on posting an unexpected loss...WYNN also down $6++ in sympathy
AH JDSU down $1.60++ on ER......
BLOG does NOT give buy or sell.
Saleem
Wednesday, April 30, 2008
Markets "green all over"..ready for fed move !!!
Markets are extremely comfortable with economy and its trendline.....
GDP was confirming slowing economy NOT a recession......
Fed action IS being anticipated by markets and has been discounted....
In my portfolio :
Added 10% more EGO cost went down to $7.00....
Sold NTES and booked 93 cents per share profit.....RSI has reached highest level of 76.55 means overbought for now......will re-enter later.....
Doubled my position in RIMM cost went down to $126.08
My portfolio is EGO,RIMM,TSO,TOL...
EGO UP 7 cents
RIMM down $1.59
TSO down 59 cents
TOL down 16 cents
@11.36 AM the following are green :
FSLR (good ER & guidance),V,JASO,AAPL,SNDK,TSL,QLD,POT,ICE,
CTRP,MA,BIDU,NMX,TKC,SPWR,GOOG,CSIQ,ISRG,SNDA,STP,X,
SINA,AGU,MON,MOS.....
BLOG does NOT give buy or sell.
Saleem
GDP was confirming slowing economy NOT a recession......
Fed action IS being anticipated by markets and has been discounted....
In my portfolio :
Added 10% more EGO cost went down to $7.00....
Sold NTES and booked 93 cents per share profit.....RSI has reached highest level of 76.55 means overbought for now......will re-enter later.....
Doubled my position in RIMM cost went down to $126.08
My portfolio is EGO,RIMM,TSO,TOL...
EGO UP 7 cents
RIMM down $1.59
TSO down 59 cents
TOL down 16 cents
@11.36 AM the following are green :
FSLR (good ER & guidance),V,JASO,AAPL,SNDK,TSL,QLD,POT,ICE,
CTRP,MA,BIDU,NMX,TKC,SPWR,GOOG,CSIQ,ISRG,SNDA,STP,X,
SINA,AGU,MON,MOS.....
BLOG does NOT give buy or sell.
Saleem
Tuesday, April 29, 2008
Nasdaq closed green AGAIN !!!!
While market waits for GDP & Fed action....NASDAQ keeps moving on UP !!!!
Oil slumped.....
Gold tanked....
Dow & S&P 500 waits....
MA lit UP the ticker with a vault to all-time high.....V also tagged along for the ride & made another all-time high.....
In my portfolio :
Sold ICO booked a loss of 50 cents per share
Sold SEED booked a gain of 67 cents per share
Sold V booked a gain of $5.15 per share
Bought RIMM cost $126.88
Bought more NTES tripled my position cost went UP to $21.76
Bought more TSO & doubled my position cost went DOWN to $27.44
My portfolio is EGO,RIMM,NTES,TSO,TOL.....
EGO rating 70/65 target $7.61 reports on Thursday AH
RIMM rating 50/30 target $139.14
NTES rating 15/30 target $23.42
TSO rating 55/95 target $31.42
TOL rating 70/80 target $26.76
In other stocks :
BRCM rating 0/30 rated for a "breakdown" @ $26.36 for a target of $23.67
PMCS rating 0/30 target $9.23
Strong stocks were BIDU,ISRG,DUG,QLD,GS,CTSH,LVS,VMW,WFR,SOHU,
AAPL,FMCN....
BLOG does NOT give buy or sell.
Saleem
Oil slumped.....
Gold tanked....
Dow & S&P 500 waits....
MA lit UP the ticker with a vault to all-time high.....V also tagged along for the ride & made another all-time high.....
In my portfolio :
Sold ICO booked a loss of 50 cents per share
Sold SEED booked a gain of 67 cents per share
Sold V booked a gain of $5.15 per share
Bought RIMM cost $126.88
Bought more NTES tripled my position cost went UP to $21.76
Bought more TSO & doubled my position cost went DOWN to $27.44
My portfolio is EGO,RIMM,NTES,TSO,TOL.....
EGO rating 70/65 target $7.61 reports on Thursday AH
RIMM rating 50/30 target $139.14
NTES rating 15/30 target $23.42
TSO rating 55/95 target $31.42
TOL rating 70/80 target $26.76
In other stocks :
BRCM rating 0/30 rated for a "breakdown" @ $26.36 for a target of $23.67
PMCS rating 0/30 target $9.23
Strong stocks were BIDU,ISRG,DUG,QLD,GS,CTSH,LVS,VMW,WFR,SOHU,
AAPL,FMCN....
BLOG does NOT give buy or sell.
Saleem
Markets ready to rally ahead of fed decision !!!!
Markets are trying to discount GDP report & Fed decision....
Market MAY start a rally ahead of those .....
Why ?
Because GDP report will be the low point in slowdown and may signal future better GDP numbers.......Market always looks AHEAD !!!!
Fed decision will be good for inflation & US$......
In my portfolio :
Added 20% more NTES @ open....my cost went up to $21.31
EGO down 18 cents
ICO down 13 cents
NTES UP 51 cents
SEED down 5 cents
TSO UP 60 cents
TOL down 36 cents
V down 24 cents
@11.26 AM the following are green :
AAPL,RIMM,MA(blowout ER),WYNN,BIDU,LVS,SOHU,NYX,
ISRG,GOOG,IFN,INFY,CTSH,GLW.
BLOG does NOT give buy or sell.
Saleem
Market MAY start a rally ahead of those .....
Why ?
Because GDP report will be the low point in slowdown and may signal future better GDP numbers.......Market always looks AHEAD !!!!
Fed decision will be good for inflation & US$......
In my portfolio :
Added 20% more NTES @ open....my cost went up to $21.31
EGO down 18 cents
ICO down 13 cents
NTES UP 51 cents
SEED down 5 cents
TSO UP 60 cents
TOL down 36 cents
V down 24 cents
@11.26 AM the following are green :
AAPL,RIMM,MA(blowout ER),WYNN,BIDU,LVS,SOHU,NYX,
ISRG,GOOG,IFN,INFY,CTSH,GLW.
BLOG does NOT give buy or sell.
Saleem
Monday, April 28, 2008
Nasdaq ended "barely green"......
Markets remained in holding pattern.......
V ER was NOT well received in AH....currently down $4.63 from today's close.....
V beat by 6 cents on EPS 52 cents vs 46 cents consensus.
Sales were $1.45 billion vs $1.19 billion one year ago....
Guidance of Sales is on the upper range of 11% to 15% of annual revenue growth..
EPS margin are in low 40% after factoring Marketing expense for Olympics which starts in May...
CC was not as upbeat as it could have been..as V was highlighting "potential of slowdown in US consumer...but saying that they have NOT seen any slowdown YET......It could also be a case of UPOD...under promise over deliver.....
V tape AH maybe a reflection of being overbought in the short term or expectations from ER may have been higher....
Analyst upgrade/downgrade will decide Tuesday's tape on V.....
In my portfolio :
EGO rating 100/85 target $7.82
ICO rating 25/30 target $9.35
NTES rating 25/30 target $23.45
SEED rating 20/30 target $9.13
TSO rating 35/95 target $31.63
TOL rating 65/50 target $26.85
V No TA..too new
In other stock :
CMED rating 70/65 target $41.89
Strong stocks were AAPL,RIMM,MA,ISRG,CSIQ,GOOG,SOHU,NDAQ,VMW,
LVS,GRMN.....
BLOG does NOT give buy or sell.
Saleem
V ER was NOT well received in AH....currently down $4.63 from today's close.....
V beat by 6 cents on EPS 52 cents vs 46 cents consensus.
Sales were $1.45 billion vs $1.19 billion one year ago....
Guidance of Sales is on the upper range of 11% to 15% of annual revenue growth..
EPS margin are in low 40% after factoring Marketing expense for Olympics which starts in May...
CC was not as upbeat as it could have been..as V was highlighting "potential of slowdown in US consumer...but saying that they have NOT seen any slowdown YET......It could also be a case of UPOD...under promise over deliver.....
V tape AH maybe a reflection of being overbought in the short term or expectations from ER may have been higher....
Analyst upgrade/downgrade will decide Tuesday's tape on V.....
In my portfolio :
EGO rating 100/85 target $7.82
ICO rating 25/30 target $9.35
NTES rating 25/30 target $23.45
SEED rating 20/30 target $9.13
TSO rating 35/95 target $31.63
TOL rating 65/50 target $26.85
V No TA..too new
In other stock :
CMED rating 70/65 target $41.89
Strong stocks were AAPL,RIMM,MA,ISRG,CSIQ,GOOG,SOHU,NDAQ,VMW,
LVS,GRMN.....
BLOG does NOT give buy or sell.
Saleem
Markets "on hold for economic reports"
Markets are "on hold" for GDP numbers & Fed decision / commentary......
Select techs are strong today which includes AAPL,RIMM,QCOM,JNPR.....
SOHU knocked the door of earning estimates & guiding out of the ballpark..UP a whopping $9..
In my portfolio :
Sold PMCS ..booked a gain of 72 cents per share
Bought NTES my old favourite cost $21.09
My portfolio is EGO,ICO,NTES,SEED,TSO,TOL,V.....
EGO UP 32 cents
ICO down 1 cents
NTES UP $1.14 .....I am UP 41 cents
SEED UP 89 cents
TSO down 60 cents
TOL down 1 cents
V UP $1.94
@11.36 AM the following are green :
VMW,LDK,CSIQ,TSL,CCJ,JRCC,CTRP,MA,LVS,NYX,ABX,
SPWR,ISRG,DRYS,AMZN,GOOG,SNDA,JRJC......
BLOG does NOT give buy or sell.
Saleem
Select techs are strong today which includes AAPL,RIMM,QCOM,JNPR.....
SOHU knocked the door of earning estimates & guiding out of the ballpark..UP a whopping $9..
In my portfolio :
Sold PMCS ..booked a gain of 72 cents per share
Bought NTES my old favourite cost $21.09
My portfolio is EGO,ICO,NTES,SEED,TSO,TOL,V.....
EGO UP 32 cents
ICO down 1 cents
NTES UP $1.14 .....I am UP 41 cents
SEED UP 89 cents
TSO down 60 cents
TOL down 1 cents
V UP $1.94
@11.36 AM the following are green :
VMW,LDK,CSIQ,TSL,CCJ,JRCC,CTRP,MA,LVS,NYX,ABX,
SPWR,ISRG,DRYS,AMZN,GOOG,SNDA,JRJC......
BLOG does NOT give buy or sell.
Saleem
Sunday, April 27, 2008
Are we @ starting point of a major bull market ???
Markets have faced many hurdles since August.....
Markets have struggled with discounting mechanism for most issues....
Fed has been in the driver seat of dealing with unprecedented fallout from "greed is good syndrome"
Fed has done an admirable job of fixing what was broken for market psychology/psyche
Treasury has been active with initiatives to resolve regulatory issues....
White house has been in forefront to deal with "crisis of confidence"
Consumers will feel much better with "check in the mail...No return to the sender song"
When consumers feels better.....then markets will move UP......
Yes there are still challenges like "sky high gas/commodity prices"...but those are the function of a "crushed $"
I firmly believe that US$ will improve after last fed cut on wed.....
US$ move UP will bring commodity like oil lower......
When oil is lower economy & stock market will charge ahead .....
When economy is better & GDP is improving then markets will take off.....
Fed job will be done this wed.......
Markets will pick up the momentum @ the first sign that confidence recession is coming to an end....there will be no economic recession.....just a brief dip & positive GDP growth in Q2.....
March was the dipping point in economic slowdown.........
April & spring is ...looking good !!!!!
If spring is looking good .....then are you positioned to benefit from upcoming SURGE in markets !!!
Markets will go UP without you.......if you are not in it.......
So which sectors are looking good.......
Tech,Ag,Solar,Coal,home builders,refineries,financials,gold.......
Some sectors listed above have tripled but others have been crushed......
So...be in each sector in a DIVERSIFIED approach & benefit from upcoming surge in markets......
My allocation are listed as of Friday close :
EGO gold 11.6%
ICO coal 14.4%
SEED Ag 11.7%
PMCS tech 4.5%
TSO refinery 17.9%
TOL home builder 16.3%
V financial 23.6%
Important ER this week are :
V is reporting after CLOSE Monday cc @ 5 PM
FSLR reporting before open wed.
Please do your own due diligence with FA/TA/Tape reading and find your own comfort level with markets usual UPS & DOWNS.....
BLOG does NOT give buy or sell.
Saleem
Markets have struggled with discounting mechanism for most issues....
Fed has been in the driver seat of dealing with unprecedented fallout from "greed is good syndrome"
Fed has done an admirable job of fixing what was broken for market psychology/psyche
Treasury has been active with initiatives to resolve regulatory issues....
White house has been in forefront to deal with "crisis of confidence"
Consumers will feel much better with "check in the mail...No return to the sender song"
When consumers feels better.....then markets will move UP......
Yes there are still challenges like "sky high gas/commodity prices"...but those are the function of a "crushed $"
I firmly believe that US$ will improve after last fed cut on wed.....
US$ move UP will bring commodity like oil lower......
When oil is lower economy & stock market will charge ahead .....
When economy is better & GDP is improving then markets will take off.....
Fed job will be done this wed.......
Markets will pick up the momentum @ the first sign that confidence recession is coming to an end....there will be no economic recession.....just a brief dip & positive GDP growth in Q2.....
March was the dipping point in economic slowdown.........
April & spring is ...looking good !!!!!
If spring is looking good .....then are you positioned to benefit from upcoming SURGE in markets !!!
Markets will go UP without you.......if you are not in it.......
So which sectors are looking good.......
Tech,Ag,Solar,Coal,home builders,refineries,financials,gold.......
Some sectors listed above have tripled but others have been crushed......
So...be in each sector in a DIVERSIFIED approach & benefit from upcoming surge in markets......
My allocation are listed as of Friday close :
EGO gold 11.6%
ICO coal 14.4%
SEED Ag 11.7%
PMCS tech 4.5%
TSO refinery 17.9%
TOL home builder 16.3%
V financial 23.6%
Important ER this week are :
V is reporting after CLOSE Monday cc @ 5 PM
FSLR reporting before open wed.
Please do your own due diligence with FA/TA/Tape reading and find your own comfort level with markets usual UPS & DOWNS.....
BLOG does NOT give buy or sell.
Saleem
Saturday, April 26, 2008
Buy rated stocks for "Rebate check driven S&P500 breakout" $$$
Following stocks are flashing buy signal.Please do your own FA/TA & use stop.
ARBA,COCO,DECK,IBKR,JDSU,MXWL,SCMR,SEED,SIMO,SWIR,
TRMB,URBN,VISN,YRCW,AZO,BMY,BNS,EMN,GSK,GT,HBC,JCG,
JEF,MER,MTU,PKD,PLT,SBP,STM,SWN,TIF,TTM,WB,WM.
Next post 10 AM Sunday.
BLOG does NOT give buy or sell.
Saleem
ARBA,COCO,DECK,IBKR,JDSU,MXWL,SCMR,SEED,SIMO,SWIR,
TRMB,URBN,VISN,YRCW,AZO,BMY,BNS,EMN,GSK,GT,HBC,JCG,
JEF,MER,MTU,PKD,PLT,SBP,STM,SWN,TIF,TTM,WB,WM.
Next post 10 AM Sunday.
BLOG does NOT give buy or sell.
Saleem
Technically STRONG stocks for "Rebate check driven S&P500 breakout" $$$
Following stocks are showing technical strength based on various formations.Please do your own FA/TA and use stop.
ETFC,FDRY,WFC,HD,QLGC,KSS,SONS,PMTC,DHI,LTD,JWN,
BARE,IDXX,ANF,KLIC,PCP,FL,CSCO,RL,LSI,CDNS,SIGM,CIEN,
INCY.
BLOG does NOT give buy or sell.
Saleem
ETFC,FDRY,WFC,HD,QLGC,KSS,SONS,PMTC,DHI,LTD,JWN,
BARE,IDXX,ANF,KLIC,PCP,FL,CSCO,RL,LSI,CDNS,SIGM,CIEN,
INCY.
BLOG does NOT give buy or sell.
Saleem
Technically WEAK stocks for "Rebate check driven S&P500 breakout" $$$
Following stocks are showing technical weakness based on various formations.Please do your own FA/TA & use stop loss.
VIP,ABX,XRAY,IR,PTV,PALM,LXK,MBI,AUY,CTCM,LII,
TLAB,NOK,CAL,ATI,SHLD,FBC,CRBC,AMP,ASTE,FNF,BCS,
BVN.
BLOG does NOT give buy or sell.
Saleem
VIP,ABX,XRAY,IR,PTV,PALM,LXK,MBI,AUY,CTCM,LII,
TLAB,NOK,CAL,ATI,SHLD,FBC,CRBC,AMP,ASTE,FNF,BCS,
BVN.
BLOG does NOT give buy or sell.
Saleem
Friday, April 25, 2008
S&P 500 closed @ 1397.84 above resistance !!!
S&P 500 is giving a "buy signal"by closing above resistance.........
Many sectors are showing strength in this newly "born again bull market"
Sector rotations are happening on a daily basis.......
In my portfolio :
EGO rating 85/85 target $7.83
ICO rating 50/30 target $9.15
PMCS rating 20/30 target $9.23
SEED rating 35/40 target $9.14
TSO rating 35/95 target $31.65
TOL rating 70/45 target $26.53
V No TA ..too new..Closed @ new high on heavy volume of 25++ million shares..Reporting before OPEN on Monday consensus EPS 46 cents Sales $1.45 Billion......I expect V to beat on both top & bottom line & guide HIGHER !!!!!
In other stock :
RIMM rating 35/75 target $131.80.....delay of 3G Blackberry is causing weakness....3G will go to VOD in Europe first then to North America.....
Strong stocks were BIDU,SOHU,SINA,GS,ISRG,SOL,CSIQ,JASO,FSLR,GOOG,
AAPL,STP,ICE,VMW,X.....
10AM Saturday...I will post technically weak/strong & buy rated stocks.
BLOG does NOT give buy or sell.
Saleem
Many sectors are showing strength in this newly "born again bull market"
Sector rotations are happening on a daily basis.......
In my portfolio :
EGO rating 85/85 target $7.83
ICO rating 50/30 target $9.15
PMCS rating 20/30 target $9.23
SEED rating 35/40 target $9.14
TSO rating 35/95 target $31.65
TOL rating 70/45 target $26.53
V No TA ..too new..Closed @ new high on heavy volume of 25++ million shares..Reporting before OPEN on Monday consensus EPS 46 cents Sales $1.45 Billion......I expect V to beat on both top & bottom line & guide HIGHER !!!!!
In other stock :
RIMM rating 35/75 target $131.80.....delay of 3G Blackberry is causing weakness....3G will go to VOD in Europe first then to North America.....
Strong stocks were BIDU,SOHU,SINA,GS,ISRG,SOL,CSIQ,JASO,FSLR,GOOG,
AAPL,STP,ICE,VMW,X.....
10AM Saturday...I will post technically weak/strong & buy rated stocks.
BLOG does NOT give buy or sell.
Saleem
Markets are weak ...red is the colour !!!
Markets are backing off as..... Oil,Ag,Gold running UP AGAIN !!!!
This is a market where many sector exposure is a "smart strategy"
Today semiconductors are taking on the chin......
In my portfolio :
Sold FMCN booked profit of $2.20 per share
Sold JNPR booked profit of 90 cents per share
Sold SNDK booked profit of 24 cents per share
Bought 30% more EGO @ open cost went down to $7.02
Bought V cost $74.83
My portfolio is EGO,ICO,PMCS,SEED,TSO,TOL & V......
EGO UP 21 cents
ICO down 1 cents
PMCS down 18 cents
SEED down 4 cents
TSO down 31 cents
TOL down 11 cents
V UP $2.58 ..I am UP 5 cents
@ 11.20 AM the following are green :
G,POT,VMW,TKC,CTRN,IGT,BIDU,SOHU,SNE,
AMZN,GOOG,DRYS,SINA....
BLOG does NOT give buy or sell.
Saleem
This is a market where many sector exposure is a "smart strategy"
Today semiconductors are taking on the chin......
In my portfolio :
Sold FMCN booked profit of $2.20 per share
Sold JNPR booked profit of 90 cents per share
Sold SNDK booked profit of 24 cents per share
Bought 30% more EGO @ open cost went down to $7.02
Bought V cost $74.83
My portfolio is EGO,ICO,PMCS,SEED,TSO,TOL & V......
EGO UP 21 cents
ICO down 1 cents
PMCS down 18 cents
SEED down 4 cents
TSO down 31 cents
TOL down 11 cents
V UP $2.58 ..I am UP 5 cents
@ 11.20 AM the following are green :
G,POT,VMW,TKC,CTRN,IGT,BIDU,SOHU,SNE,
AMZN,GOOG,DRYS,SINA....
BLOG does NOT give buy or sell.
Saleem
Thursday, April 24, 2008
Russell & Nasdaq led the "green" finish....
Russell 2000 & NASDAQ Comp were the strongest indices @ close......
All commodities took it on the chin ?
US$ roared UP against world currencies......
Gold down
Oil down
Ag down
Steel down
Copper down
Get the picture !!!!
Can it be the end of the bull run in these "record breaking..all time high bets"
Only time will tell......
A pullback to support looks likely........
I personally believe that cost & need is so high that it will sustain higher prices !!!
In my portfolio :
EGO rating 70/70 target $7.78
FMCN rating 40/30 target $40.00
ICO rating 45/30 target $9.35
JNPR NO TA...ER AH as expected beat on top & bottom line.....UP $1.03 @ bid....
PMCS No TA
SNDK No TA
SEED rating 55/85 target $7.33
TSO rating 45/95 target $31.64
TOL rating 100/65 target $26.42
In other stock :
RIMM rating 45/45 target $126.55
TRMB great ER AH UP $3++
BIDU ER AH Beat & Guide Higher UP $8
MSFT lousy ER down $1++
Strong stocks were V,MA,GS,AAPL,RIMM,C,LEH,QLD,VMW,CTRN,
ICE,WYNN,XLF,IFN......
BLOG does NOT give buy or sell.
Saleem
All commodities took it on the chin ?
US$ roared UP against world currencies......
Gold down
Oil down
Ag down
Steel down
Copper down
Get the picture !!!!
Can it be the end of the bull run in these "record breaking..all time high bets"
Only time will tell......
A pullback to support looks likely........
I personally believe that cost & need is so high that it will sustain higher prices !!!
In my portfolio :
EGO rating 70/70 target $7.78
FMCN rating 40/30 target $40.00
ICO rating 45/30 target $9.35
JNPR NO TA...ER AH as expected beat on top & bottom line.....UP $1.03 @ bid....
PMCS No TA
SNDK No TA
SEED rating 55/85 target $7.33
TSO rating 45/95 target $31.64
TOL rating 100/65 target $26.42
In other stock :
RIMM rating 45/45 target $126.55
TRMB great ER AH UP $3++
BIDU ER AH Beat & Guide Higher UP $8
MSFT lousy ER down $1++
Strong stocks were V,MA,GS,AAPL,RIMM,C,LEH,QLD,VMW,CTRN,
ICE,WYNN,XLF,IFN......
BLOG does NOT give buy or sell.
Saleem
Another "green day" on good economic reports !!!
Markets are reacting to improving economic news...by fighting its way to green after initial hesitation......
AAPL,QCOM ER is having positive effect in investors/traders psyche......
POT/BG good ER & guidance was treated with sell on the news action.....
In my portfolio :
FMCN UP $1.28
EGO down 32 cents
ICO UP 4 cents....listened to their CC @ 11AM...it was a picture of improving results going forward..starting Q2.......
JNPR UP 21 cents ..reports AH expectations are EPS 25 cents Sales $815.16 million..expecting a beat.......
PMCS UP 16 cents
SNDK down 26 cents
SEED UP 15 cents after finding solid support....
TSO UP 12 cents
TOL UP 54 cents
@11.54 AM the following are green :
V,RIMM,AAPL,QLD,C,ICE,CTRN,WYN,SOHU,NYX,ISRG,
XLF,GOOG,GS,DUG,MA.
BLOG does NOT give buy or sell.
Saleem
AAPL,QCOM ER is having positive effect in investors/traders psyche......
POT/BG good ER & guidance was treated with sell on the news action.....
In my portfolio :
FMCN UP $1.28
EGO down 32 cents
ICO UP 4 cents....listened to their CC @ 11AM...it was a picture of improving results going forward..starting Q2.......
JNPR UP 21 cents ..reports AH expectations are EPS 25 cents Sales $815.16 million..expecting a beat.......
PMCS UP 16 cents
SNDK down 26 cents
SEED UP 15 cents after finding solid support....
TSO UP 12 cents
TOL UP 54 cents
@11.54 AM the following are green :
V,RIMM,AAPL,QLD,C,ICE,CTRN,WYN,SOHU,NYX,ISRG,
XLF,GOOG,GS,DUG,MA.
BLOG does NOT give buy or sell.
Saleem
Wednesday, April 23, 2008
Nasdaq closed stronger than other indices !!!
Markets closed green all over .....
NASDAQ was the strongest......
AAPL ER was greeted with mixed emotions.... either stayed unchanged or higher most of the time in AH.......
AMZN was down AH on margin concern......
ICO ER was 8 cents loss ...due to problems in ramping UP production in Jan & Feb.....Guidance should be better @ cc 11AM Th...down further in AH by 60 more cents....
In my portfolio :
Sold V and booked a gain of $1.50 per share.......
More than doubled my position in EGO as gold took a beating today..my cost went down to $7.13
Doubled my ICO again cost went down to $8.44
My portfolio is :
EGO,FMCN,ICO,JNPR,PMCS,SNDK,SEED,TSO,TOL.......
EGO rating 75/90 target $8.11
FMCN No TA
ICO rating 45/30 no resistance
JNPR No TA
PMCS rating 0/30 target $9.22
SNDK NO TA
SEED rating 50/95 rated for "breakdown" @ $5.21...IF NOT target $6.66
TSO rating 40/95 rated for "breakdown" @ $25.67 (thanks to record high Oil) IF NOT target is $31.63
TOL rating 75/70 target $26.41
In other stock :
RIMM rating 45/70 target $126.65
Strong Stocks were BRCM,QLD,AAPL,ISRG,NVDA,CTSH,LULU,MRVL......
BLOG does NOT give buy or sell.
Saleem
NASDAQ was the strongest......
AAPL ER was greeted with mixed emotions.... either stayed unchanged or higher most of the time in AH.......
AMZN was down AH on margin concern......
ICO ER was 8 cents loss ...due to problems in ramping UP production in Jan & Feb.....Guidance should be better @ cc 11AM Th...down further in AH by 60 more cents....
In my portfolio :
Sold V and booked a gain of $1.50 per share.......
More than doubled my position in EGO as gold took a beating today..my cost went down to $7.13
Doubled my ICO again cost went down to $8.44
My portfolio is :
EGO,FMCN,ICO,JNPR,PMCS,SNDK,SEED,TSO,TOL.......
EGO rating 75/90 target $8.11
FMCN No TA
ICO rating 45/30 no resistance
JNPR No TA
PMCS rating 0/30 target $9.22
SNDK NO TA
SEED rating 50/95 rated for "breakdown" @ $5.21...IF NOT target $6.66
TSO rating 40/95 rated for "breakdown" @ $25.67 (thanks to record high Oil) IF NOT target is $31.63
TOL rating 75/70 target $26.41
In other stock :
RIMM rating 45/70 target $126.65
Strong Stocks were BRCM,QLD,AAPL,ISRG,NVDA,CTSH,LULU,MRVL......
BLOG does NOT give buy or sell.
Saleem
Nice to see "green" on Wall & Broad St.......
Green is the colour so far......
After two days of weak tape....things are looking UP !!!
In my portfolio :
Sold BRCM booked profit of $3.19 per share
EGO down 17 cents
FMCN UP $1.62
ICO down 50 cents..reports AH Consensus EPS loss 4 cents Sales $229.71 million..expecting good guidance higher than consensus of 0 cents EPS......
JNPR UP 92 cents
PMCS UP 41 cents
SNDK UP $1.30
SEED down 9 cents
TSO UP $1.07
TOL down 91 cents
V UP $1.20
@11.33 AM the following are green :
AAPL (reports AH....expecting Beat but guide lower),RIMM,BRCM,
QLD,VMW,ICE,IGT,CTRP,WYNN,BIDU,LVS,NMX,SPWR,ISRG,
AMZN(reports AH),SNE,FWLT,DRYS,GOOG,GS,SNDA,SINA,ACH.
BLOG does NOT give buy or sell.
Saleem
After two days of weak tape....things are looking UP !!!
In my portfolio :
Sold BRCM booked profit of $3.19 per share
EGO down 17 cents
FMCN UP $1.62
ICO down 50 cents..reports AH Consensus EPS loss 4 cents Sales $229.71 million..expecting good guidance higher than consensus of 0 cents EPS......
JNPR UP 92 cents
PMCS UP 41 cents
SNDK UP $1.30
SEED down 9 cents
TSO UP $1.07
TOL down 91 cents
V UP $1.20
@11.33 AM the following are green :
AAPL (reports AH....expecting Beat but guide lower),RIMM,BRCM,
QLD,VMW,ICE,IGT,CTRP,WYNN,BIDU,LVS,NMX,SPWR,ISRG,
AMZN(reports AH),SNE,FWLT,DRYS,GOOG,GS,SNDA,SINA,ACH.
BLOG does NOT give buy or sell.
Saleem
Tuesday, April 22, 2008
Markets taking a "breather".......
Another down day for most indices......
Declining ratio was almost 3 to 1 on the downside.....
This backtracking is fine for a next move UP......
AH VMW & BRCM beat consensus estimates on both Sales & EPS.....both UP sharply AH.....
AH CREE is taking a beating.....
YHOO also down AH......
In my portfolio :
BRCM looking good UP $2 AH on beat on Sales & EPS
EGO rating 100/80 target $8.33
FMCN rating 90/75 target $37.54
ICO rating 15/30 target $ ..no resistance..went to new 52 wk high of $9.49..pulled back with market.....still the only coal stock which was "green @ close UP 46 cents
JNPR No technical read
PMCS rating 0/30 target $9.23
SNDK No technical read
SEED rating 50/100 target $7.21
TSO rating 40/95 rated for a "breakdown" @ $25.67 ..IF NOT then target IS $31.62 ...thanks to highest Oil prices & 8% crack spread...
TOL rating 65/80 target $26.74
V No technical read..too new (IPO)
Strong stocks were LVS,WYNN,MPEL,GOOG,FSLR,STP,VMW,DRYS,DSX,QID.....
BLOG does NOT give buy or sell.
Saleem
Declining ratio was almost 3 to 1 on the downside.....
This backtracking is fine for a next move UP......
AH VMW & BRCM beat consensus estimates on both Sales & EPS.....both UP sharply AH.....
AH CREE is taking a beating.....
YHOO also down AH......
In my portfolio :
BRCM looking good UP $2 AH on beat on Sales & EPS
EGO rating 100/80 target $8.33
FMCN rating 90/75 target $37.54
ICO rating 15/30 target $ ..no resistance..went to new 52 wk high of $9.49..pulled back with market.....still the only coal stock which was "green @ close UP 46 cents
JNPR No technical read
PMCS rating 0/30 target $9.23
SNDK No technical read
SEED rating 50/100 target $7.21
TSO rating 40/95 rated for a "breakdown" @ $25.67 ..IF NOT then target IS $31.62 ...thanks to highest Oil prices & 8% crack spread...
TOL rating 65/80 target $26.74
V No technical read..too new (IPO)
Strong stocks were LVS,WYNN,MPEL,GOOG,FSLR,STP,VMW,DRYS,DSX,QID.....
BLOG does NOT give buy or sell.
Saleem
Markets pulling back from "bought conditions"
Markets are pulling back in a very orderly fashion to deal with "bought conditions"....
This is healthy for markets to rest or moderately pull back before moving towards next resistance.....
TXN ongoing bad ER was a catalyst for techs to pull back......
In my portfolio :
I more than doubled my position in ICO @ open...very bad fill paid $9.45 my cost went up to $8.67
SOLD half of my position in V and booked profit of $1.82 per share
Bought FMCN cost $34.95.....
My portfolio is :
BRCM,EGO,FMCN,ICO,JNPR,PMCS,SNDK,SEED,TSO,TOL,V......
BRCM UP 15 cents reports tonight consensus of 28 cents EPS on $792.32 million in Sales..
EGO UP 15 cents
FMCN UP $1.14...I am down 19 cents
ICO UP 48 cents
JNPR down 62 cents
PMCS down 6 cents
SNDK down 94 cents
SEED down 4 cents
TSO down 40 cents
TOL down 15 cents
V UP 56 cents
@11.40 AM the following stocks are green :
POT,IP,CTRP,WYNN,TSL,MA,LVS,SOHU,VLO,ABX,SPWR,
FSLR,DRYS,GOOG,FWLT,STP.....
BLOG does NOT give buy or sell.
Saleem
This is healthy for markets to rest or moderately pull back before moving towards next resistance.....
TXN ongoing bad ER was a catalyst for techs to pull back......
In my portfolio :
I more than doubled my position in ICO @ open...very bad fill paid $9.45 my cost went up to $8.67
SOLD half of my position in V and booked profit of $1.82 per share
Bought FMCN cost $34.95.....
My portfolio is :
BRCM,EGO,FMCN,ICO,JNPR,PMCS,SNDK,SEED,TSO,TOL,V......
BRCM UP 15 cents reports tonight consensus of 28 cents EPS on $792.32 million in Sales..
EGO UP 15 cents
FMCN UP $1.14...I am down 19 cents
ICO UP 48 cents
JNPR down 62 cents
PMCS down 6 cents
SNDK down 94 cents
SEED down 4 cents
TSO down 40 cents
TOL down 15 cents
V UP 56 cents
@11.40 AM the following stocks are green :
POT,IP,CTRP,WYNN,TSL,MA,LVS,SOHU,VLO,ABX,SPWR,
FSLR,DRYS,GOOG,FWLT,STP.....
BLOG does NOT give buy or sell.
Saleem
Monday, April 21, 2008
Nasdaq showed green @ close
NASDAQ was the only green among indices......
Dow & S&P 500 took a nap......
Markets are looking healthy for stock picking.....
Those who know their stocks well FA/TA plus Tape wise will do extremely well in this market....
Stock picking IS as much science as it IS an art also......
Monitor your hit & miss when you choose or NOT choose any stock...that IS where the learning IS......
Do NOT go heavy in any stock...but go in many stocks ..as MOST of the stocks are coming off a very long "downtrend"....they all have built a nice base and will move UP sharply in short order....
This is not the same market as last six months...the profile of this market is completely different...recognize it ....and play it differently for optimizing your $$$$
In my portfolio :
BRCM no TA available
EGO rating 50/85 target $8.32
ICO No TA available....Fast Money Pete Najarian was ..screaming his head off to buy ICO UP in AH trading @ $9.25 bid
JNPR No TA available
PMCS rating 5/30 target $9.22
SNDK No TA available
SEED rating 50/95 target $6.99
TSO rating 80/50 target $31.62
TOL rating 50/45 target $26.23
V No TA available
In other stocks :
FMCN rating 85/50 target $36.44
MRVL rating 45/30 target $12.59
Strong stocks were SOL,FSLR,SPWR,STP,TSL,POT,AGU,MOS,AAPL,
RIMM,LULU,BIDU,ISRG,MA,NVDA,ACI,ICE,NMX,X,SOHU,AKAM......
BLOG does NOT give buy or sell.
Saleem
Dow & S&P 500 took a nap......
Markets are looking healthy for stock picking.....
Those who know their stocks well FA/TA plus Tape wise will do extremely well in this market....
Stock picking IS as much science as it IS an art also......
Monitor your hit & miss when you choose or NOT choose any stock...that IS where the learning IS......
Do NOT go heavy in any stock...but go in many stocks ..as MOST of the stocks are coming off a very long "downtrend"....they all have built a nice base and will move UP sharply in short order....
This is not the same market as last six months...the profile of this market is completely different...recognize it ....and play it differently for optimizing your $$$$
In my portfolio :
BRCM no TA available
EGO rating 50/85 target $8.32
ICO No TA available....Fast Money Pete Najarian was ..screaming his head off to buy ICO UP in AH trading @ $9.25 bid
JNPR No TA available
PMCS rating 5/30 target $9.22
SNDK No TA available
SEED rating 50/95 target $6.99
TSO rating 80/50 target $31.62
TOL rating 50/45 target $26.23
V No TA available
In other stocks :
FMCN rating 85/50 target $36.44
MRVL rating 45/30 target $12.59
Strong stocks were SOL,FSLR,SPWR,STP,TSL,POT,AGU,MOS,AAPL,
RIMM,LULU,BIDU,ISRG,MA,NVDA,ACI,ICE,NMX,X,SOHU,AKAM......
BLOG does NOT give buy or sell.
Saleem
Market taking a "pause" which IS healthy !!!
Markets pause today is healthy........
We need rest to deal with "mini bought conditions"
There is a major resistance around 1450 area on S&P 500.....
So ...if we spend more time below 1400 then we will have a strong base to go through that 1450 resistance......if not we will pull back from 1450 area......so i think !!!!
Oil high price is taking some wind out of this market today.......
In my portfolio :
BRCM UP 35 cents
EGO down 22 cents...trying to take over a small gold outfit exploring in Greece
ICO UP 65 cents
JNPR UP 46 cents
PMCS down 4 cents
SNDK UP $1.38
SEED down 1 cents
TSO UP 45 cents
TOL down 21 cents
V UP $1.48
@11.24 AM following stocks are green :
AAPL,TSL,SOL,FMCN,ICE,JRCC,BIDU,SOHU,NMX,SPWR,
FSLR.
BLOG does NOT give buy or sell.
Saleem
We need rest to deal with "mini bought conditions"
There is a major resistance around 1450 area on S&P 500.....
So ...if we spend more time below 1400 then we will have a strong base to go through that 1450 resistance......if not we will pull back from 1450 area......so i think !!!!
Oil high price is taking some wind out of this market today.......
In my portfolio :
BRCM UP 35 cents
EGO down 22 cents...trying to take over a small gold outfit exploring in Greece
ICO UP 65 cents
JNPR UP 46 cents
PMCS down 4 cents
SNDK UP $1.38
SEED down 1 cents
TSO UP 45 cents
TOL down 21 cents
V UP $1.48
@11.24 AM following stocks are green :
AAPL,TSL,SOL,FMCN,ICE,JRCC,BIDU,SOHU,NMX,SPWR,
FSLR.
BLOG does NOT give buy or sell.
Saleem
Sunday, April 20, 2008
Markets "on the Road Again"Northbound !!!
Markets have set the stage for a major recovery.......
All the financial woes have been discounted........
Housing IS on the verge of being discounted also.......
Refiners WOES may be coming to an end........
Semiconductors are READY to roll......
So...what all this means to an investor/trader????
IT only means.......
That......the BIG money will be made in those sectors.......
AG/Coal/Gas will still work......
Good Solar will still work......
AAPL & RIMM will still dominate......
But it MAY NOT give the return of beaten down sectors as mentioned above....
Laggards with good prospects are the way to go.....
As in every recovery/UPTREND from major downtrend which we just witnessed....new sectors always outperform......WHY???
Because everybody is OUT of those laggards...OR very few are IN.....so there will be tremendous UPSWING when new money IS put IN.......
Most of the laggards are 50% below of their 2 year old highs.......while HOT'N SEXY have all moved UP @ least 100% higher in last year...some Ag are UP 300%.......
As we all know from experience that market always looks ahead......so laggards MAY give you the sparks way more than old & trusted performers so far......
You always have to wonder.......how much of the good news is already priced IN......I say quite a bit in some ......
My strategy IS to forget the "obvious favourite for now" & try some FA based picks where trend lines are improving for 09......
This way.... I am hoping that my year MAY NOT be as bad after all...once Jan 09 rolls around !!!!
Again the secret to any FA/TA is to go with minimum 5 to 10 good prospects.........
Some investors/traders worry too much about tick by tick performance of each stock......I look @ the overall return for the day...once I have placed my bets.....
Yes...I do have under performers in my portfolio...but IF they work out by December...I should be more than pleased........
Hitting home run with every stock is NOT important.....they all act differently....so a positive return in the given time frame IS very desirable......
It is NOT important to change your trading/investing style...but TINKERING a bit with "new reality of market is SMART"
We.....are all different in terms of trading style or conviction level.....so it IS OK to be comfortable with your OWN strategy......
In the end..... you have to feel good about your return from this changing market.......
But...But....I cannot over emphasize enough...that you must KNOW your stocks well both FA & TA trend lines......????remember it is your hard earned money we are talking about !!!!
Do NOT be careless with unproductive experimentation's...with words like "let us do this & see how it works out"
Your strategy be a better thought out & diversified......
Luck should play a smaller role...your homework should play a MAJOR role in your returns !!!!
Investing/trading IS a lifelong phenomenon....so better DEVELOP some FA & TA skills...which you CAN rely on always......instead of looking for quick winners from MB/BLOG.....
Investing/trading with confidence is very important...even if you make mistakes.......
Mistakes/losing money is inevitable in any markets.....try NOT to DWELL on it.....take the lumps & move the $ into productive stocks......it is NEVER too late to recognize an error.....
Yes ...I do keep some under performers....but it is based on FA/TA in a manageable $ allocation and DO have a time frame even for those duds.....
So here is my $ allocation weighting as of Friday's close FWIW.......
BRCM 4.3%
EGO 4.1%
ICO 3.9%
JNPR 4.6%
SEED 12.1%
PMCS 4.4%
SNDK 5.0%
TSO 18.5%
TOL 16.9%
V 26.2%
Sector weighting :
Semiconductors/tech allocation BRCM,SNDK,PMCS,JNPR= 18.3%
Ag SEED =12.1%
Refinery TSO=18.5%
Home builder TOL =16.9%
Financial V =26.2%
Gold EGO =4.1%
Coal ICO =3.9%
Good luck with your OWN homework with FA/TA plus study of TAPE.
BLOG does NOT give buy or sell.
Saleem
All the financial woes have been discounted........
Housing IS on the verge of being discounted also.......
Refiners WOES may be coming to an end........
Semiconductors are READY to roll......
So...what all this means to an investor/trader????
IT only means.......
That......the BIG money will be made in those sectors.......
AG/Coal/Gas will still work......
Good Solar will still work......
AAPL & RIMM will still dominate......
But it MAY NOT give the return of beaten down sectors as mentioned above....
Laggards with good prospects are the way to go.....
As in every recovery/UPTREND from major downtrend which we just witnessed....new sectors always outperform......WHY???
Because everybody is OUT of those laggards...OR very few are IN.....so there will be tremendous UPSWING when new money IS put IN.......
Most of the laggards are 50% below of their 2 year old highs.......while HOT'N SEXY have all moved UP @ least 100% higher in last year...some Ag are UP 300%.......
As we all know from experience that market always looks ahead......so laggards MAY give you the sparks way more than old & trusted performers so far......
You always have to wonder.......how much of the good news is already priced IN......I say quite a bit in some ......
My strategy IS to forget the "obvious favourite for now" & try some FA based picks where trend lines are improving for 09......
This way.... I am hoping that my year MAY NOT be as bad after all...once Jan 09 rolls around !!!!
Again the secret to any FA/TA is to go with minimum 5 to 10 good prospects.........
Some investors/traders worry too much about tick by tick performance of each stock......I look @ the overall return for the day...once I have placed my bets.....
Yes...I do have under performers in my portfolio...but IF they work out by December...I should be more than pleased........
Hitting home run with every stock is NOT important.....they all act differently....so a positive return in the given time frame IS very desirable......
It is NOT important to change your trading/investing style...but TINKERING a bit with "new reality of market is SMART"
We.....are all different in terms of trading style or conviction level.....so it IS OK to be comfortable with your OWN strategy......
In the end..... you have to feel good about your return from this changing market.......
But...But....I cannot over emphasize enough...that you must KNOW your stocks well both FA & TA trend lines......????remember it is your hard earned money we are talking about !!!!
Do NOT be careless with unproductive experimentation's...with words like "let us do this & see how it works out"
Your strategy be a better thought out & diversified......
Luck should play a smaller role...your homework should play a MAJOR role in your returns !!!!
Investing/trading IS a lifelong phenomenon....so better DEVELOP some FA & TA skills...which you CAN rely on always......instead of looking for quick winners from MB/BLOG.....
Investing/trading with confidence is very important...even if you make mistakes.......
Mistakes/losing money is inevitable in any markets.....try NOT to DWELL on it.....take the lumps & move the $ into productive stocks......it is NEVER too late to recognize an error.....
Yes ...I do keep some under performers....but it is based on FA/TA in a manageable $ allocation and DO have a time frame even for those duds.....
So here is my $ allocation weighting as of Friday's close FWIW.......
BRCM 4.3%
EGO 4.1%
ICO 3.9%
JNPR 4.6%
SEED 12.1%
PMCS 4.4%
SNDK 5.0%
TSO 18.5%
TOL 16.9%
V 26.2%
Sector weighting :
Semiconductors/tech allocation BRCM,SNDK,PMCS,JNPR= 18.3%
Ag SEED =12.1%
Refinery TSO=18.5%
Home builder TOL =16.9%
Financial V =26.2%
Gold EGO =4.1%
Coal ICO =3.9%
Good luck with your OWN homework with FA/TA plus study of TAPE.
BLOG does NOT give buy or sell.
Saleem
Saturday, April 19, 2008
BUY rated stocks for "upcoming major short covering " $$$
Following stocks are flashing buy signal.Please do your own FA/TA and use stop.
AAPL,AMZN,ADCT,ANAD,ATVI,BBBY,CIEN,CMGI,CTSH,DNDN,
EFII,FFIV,HLIT,INTC,INTU,LEAP,MIPS,MSFT,NITE,NOVL,NTAP,
PKTR,PMCS,PWRD,QCOM,RIMM,QLGC,SIRF,WIND,ZBRA,VCLK,
VLTR,TITN,BOOM,BA,BBY,BMO,BNS,BX,C,CAL,CHL,DSX,EK,EMC,
EMF,EZA,HAS,HDB,HNZ,HON,HPQ,IBN,IFN,MA,SNE,TD,TGT,TV,
WIT,WSM,YUM,QLD.
Next post 10 AM Sunday.
BLOG does NOT give buy or sell.
Saleem
AAPL,AMZN,ADCT,ANAD,ATVI,BBBY,CIEN,CMGI,CTSH,DNDN,
EFII,FFIV,HLIT,INTC,INTU,LEAP,MIPS,MSFT,NITE,NOVL,NTAP,
PKTR,PMCS,PWRD,QCOM,RIMM,QLGC,SIRF,WIND,ZBRA,VCLK,
VLTR,TITN,BOOM,BA,BBY,BMO,BNS,BX,C,CAL,CHL,DSX,EK,EMC,
EMF,EZA,HAS,HDB,HNZ,HON,HPQ,IBN,IFN,MA,SNE,TD,TGT,TV,
WIT,WSM,YUM,QLD.
Next post 10 AM Sunday.
BLOG does NOT give buy or sell.
Saleem
Technically STRONG stocks for "upcoming major short covering " $$$
Following stocks are showing technical strength based on various formations.Please do your own FA/TA and use stop.
GMST,FISV,VRSN,ESRX,WFR,CHRS,CEGE,KEY,EQIX,CREE,
SBAC,AVCT,GT,CNP,MAN,MENT,BP,XLF,SGR,TS,RNWK,MCO,
PKD,LPX,EXTR,OII,PCP,POM,TAP,KMX,CVG,BAM,GPC,MHK,
CSGS,NCR,BGC,JEC,CAR,DDS,WBSN,VVR,ROK,SYMC,BPOP,
BYI,ACF,DECK,ESEA,EGLE,PCZ.
BLOG does NOT give buy or sell.
Saleem
GMST,FISV,VRSN,ESRX,WFR,CHRS,CEGE,KEY,EQIX,CREE,
SBAC,AVCT,GT,CNP,MAN,MENT,BP,XLF,SGR,TS,RNWK,MCO,
PKD,LPX,EXTR,OII,PCP,POM,TAP,KMX,CVG,BAM,GPC,MHK,
CSGS,NCR,BGC,JEC,CAR,DDS,WBSN,VVR,ROK,SYMC,BPOP,
BYI,ACF,DECK,ESEA,EGLE,PCZ.
BLOG does NOT give buy or sell.
Saleem
Technically WEAK stocks for "upcoming major short covering " $$$
Following stocks are showing technical weakness based on various formations.Please do your own TA/FA and use stop.
ISRG,LSI,NYT,HRZ,CROX,LVS,CHU,CORS,PCR,URI,
MI,FITB,LPL,ETM,RSH,MENT,JAH,AVT,ACXM,BBD,
BGG.
BLOG does NOT give buy or sell.
Saleem
ISRG,LSI,NYT,HRZ,CROX,LVS,CHU,CORS,PCR,URI,
MI,FITB,LPL,ETM,RSH,MENT,JAH,AVT,ACXM,BBD,
BGG.
BLOG does NOT give buy or sell.
Saleem
Friday, April 18, 2008
Strong finish for markets !!!!
Markets crossed many strong resistance today.......
Many shorts or naysayers will wait for Monday's close to believe that this rally "is for real"....
Serious short covering will start sometime next week......which will fuel this rally much much higher.......
The way things are shaping UP.....we SHOULD cross many technical hurdles on our way to higher highs.......
This has the feel of a real meltUP rally.......
Position accordingly to benefit next week......
NASDAQ outperformed other indices by far !!!!
In my portfolio :
Bought PMCS cost $7.43
Portfolio is :
BRCM,EGO,ICO,JNPR,PMCS,SNDK,SEED,TSO,TOL,V........
So...I have 10 stocks now....It will be interesting to see which ones will outperform or lag the indices......
BRCM rating 35/30 target $27.21
JNPR rating 55/45 target $26.30
PMCS rating 5/30 target $9.23
EGO rating 25/70 rated for a "breakout" @ $7.60 for a target of $8.34
SNDK rating 35/30 target $30.05
SEED rating 45/100 target $7.19
TSO rating 45/55 target $31.65
www.stockconsultant.com allows only 7 free technical read so no TA on V(too new),ICO or TOL....
Strong stocks were GOOG,BIDU,POT,MA,AAPL,QLD,GS,RIMM,
STP,GRMN,VMW,SINA,JASO,SOL,SPWR,WFR,FFIV,C,AMZN,
DRYS,FWLT.......
10AM Saturday...I will post a list of technically weak/strong & buy rated stocks.
BLOG does NOT give buy or sell.
Saleem
Many shorts or naysayers will wait for Monday's close to believe that this rally "is for real"....
Serious short covering will start sometime next week......which will fuel this rally much much higher.......
The way things are shaping UP.....we SHOULD cross many technical hurdles on our way to higher highs.......
This has the feel of a real meltUP rally.......
Position accordingly to benefit next week......
NASDAQ outperformed other indices by far !!!!
In my portfolio :
Bought PMCS cost $7.43
Portfolio is :
BRCM,EGO,ICO,JNPR,PMCS,SNDK,SEED,TSO,TOL,V........
So...I have 10 stocks now....It will be interesting to see which ones will outperform or lag the indices......
BRCM rating 35/30 target $27.21
JNPR rating 55/45 target $26.30
PMCS rating 5/30 target $9.23
EGO rating 25/70 rated for a "breakout" @ $7.60 for a target of $8.34
SNDK rating 35/30 target $30.05
SEED rating 45/100 target $7.19
TSO rating 45/55 target $31.65
www.stockconsultant.com allows only 7 free technical read so no TA on V(too new),ICO or TOL....
Strong stocks were GOOG,BIDU,POT,MA,AAPL,QLD,GS,RIMM,
STP,GRMN,VMW,SINA,JASO,SOL,SPWR,WFR,FFIV,C,AMZN,
DRYS,FWLT.......
10AM Saturday...I will post a list of technically weak/strong & buy rated stocks.
BLOG does NOT give buy or sell.
Saleem
Markets are on GOOG climb UP the hill of resistance !!
Markets are on a ROLL...thank you GOOG.......
We are watching a melt UP in markets because of :
Excellent earnings.....
Short covering.....
Money on the sideline coming IN......
All cash rich money managers deploying their high cash position in stocks......
NASDAQ is UP 2.4% almost 50% higher than any other index ????
NASDAQ IS where the money will flow.....imho
In my portfolio :
In pre-market I plunked all the cash in QLD while I decide how to assess this market......
Sold QLD with 80 cents per share gain.......
Bought BRCM cost 22.94
Bought JNPR cost $24.50
Bought SNDK cost $26.56
Bought EGO cost $7.35
Bought V cost $69.78
So Now my portfolio is :
BRCM,EGO,ICO,JNPR,SNDK,SEED,TSO,TOL,V........
Can you say over-diversified.....when you like everything...then you buy everything....with the funds you have........
I will be trading quite frequently to take advantage of many sectors...which IS working.....still keeping duds like SEED for NOW.....it can sit & rot in my portfolio.......
@11.52 AM strong stocks are:
AAPL,TSL,C,VMW,POT,ICE,JRCC,WYNN,MA,BIDU,LVS,SOHU,
NYX,NMX,SPWR,FSLR,AMZN,IFN,DRYS,GOOG,FWLT,SOL,
JASO,LULU,STP,SNDA,GRMN,WFR,SINA,X,FFIV,CIEN.
BLOG does NOT give buy or sell.
Saleem
We are watching a melt UP in markets because of :
Excellent earnings.....
Short covering.....
Money on the sideline coming IN......
All cash rich money managers deploying their high cash position in stocks......
NASDAQ is UP 2.4% almost 50% higher than any other index ????
NASDAQ IS where the money will flow.....imho
In my portfolio :
In pre-market I plunked all the cash in QLD while I decide how to assess this market......
Sold QLD with 80 cents per share gain.......
Bought BRCM cost 22.94
Bought JNPR cost $24.50
Bought SNDK cost $26.56
Bought EGO cost $7.35
Bought V cost $69.78
So Now my portfolio is :
BRCM,EGO,ICO,JNPR,SNDK,SEED,TSO,TOL,V........
Can you say over-diversified.....when you like everything...then you buy everything....with the funds you have........
I will be trading quite frequently to take advantage of many sectors...which IS working.....still keeping duds like SEED for NOW.....it can sit & rot in my portfolio.......
@11.52 AM strong stocks are:
AAPL,TSL,C,VMW,POT,ICE,JRCC,WYNN,MA,BIDU,LVS,SOHU,
NYX,NMX,SPWR,FSLR,AMZN,IFN,DRYS,GOOG,FWLT,SOL,
JASO,LULU,STP,SNDA,GRMN,WFR,SINA,X,FFIV,CIEN.
BLOG does NOT give buy or sell.
Saleem
Thursday, April 17, 2008
GOOGLE lit UP green in AH with beat & beat!!!!
AH is all lit UP with green all over.......thanks to a "huge beat by GOOG"
GOOG UP $70++ in AH getting cosy with $530 area...long missed by this click giant !!!
Tomorrow is Option Expiry...which hedgies love to "tinker with"......
ISRG in the "slump in AH"...down almost $40......on affirmed guidance & a beat...I guess some were expecting it to raise the guidance.......
SNDK ER was good..expecting better margins in 2nd half.....
ESLR ER was better than expected ....but guidance IS weaker than consensus.....
In my portfolio :
Sold SOL & booked 70 cents per share loss....tape turned down????
Sold RIMM AH & booked gain of $7.18 per share.......
Sold AAPL AH & booked gain of $7.92 per share......
Bought back ICO cost $7.75
Bought TSO cost $28.61...this is a beaten down refiner which CAN process both light sweet crude & heavy crude.....
My portfolio is ICO,SEED,TOL,TSO.......
ICO rating 25/30 target $8.95....no resistance ahead !!!
SEED rating 45/95 target $7.17
TOL rating 50/40 target $26.43
TSO rating 80/55 target $31.65
In other stocks :
AAPL rating 45/40 target $164.74
RIMM rating 15/85 target $125.01
SNDK rating 20/45 target $28.36
Strong stocks in reg hours were C,ISRG,GS,V,ICE,NDAQ,STX,VMW.......
BLOG does NOT give buy or sell.
Saleem
GOOG UP $70++ in AH getting cosy with $530 area...long missed by this click giant !!!
Tomorrow is Option Expiry...which hedgies love to "tinker with"......
ISRG in the "slump in AH"...down almost $40......on affirmed guidance & a beat...I guess some were expecting it to raise the guidance.......
SNDK ER was good..expecting better margins in 2nd half.....
ESLR ER was better than expected ....but guidance IS weaker than consensus.....
In my portfolio :
Sold SOL & booked 70 cents per share loss....tape turned down????
Sold RIMM AH & booked gain of $7.18 per share.......
Sold AAPL AH & booked gain of $7.92 per share......
Bought back ICO cost $7.75
Bought TSO cost $28.61...this is a beaten down refiner which CAN process both light sweet crude & heavy crude.....
My portfolio is ICO,SEED,TOL,TSO.......
ICO rating 25/30 target $8.95....no resistance ahead !!!
SEED rating 45/95 target $7.17
TOL rating 50/40 target $26.43
TSO rating 80/55 target $31.65
In other stocks :
AAPL rating 45/40 target $164.74
RIMM rating 15/85 target $125.01
SNDK rating 20/45 target $28.36
Strong stocks in reg hours were C,ISRG,GS,V,ICE,NDAQ,STX,VMW.......
BLOG does NOT give buy or sell.
Saleem
Market digesting MER & NOK bad news .....
MER as expected gave a bad ER.....but NOK ASP was low and IS losing market share ......
Both MER & NOK bad news being digested nicely by market......
GOOG reports AH.....I expect GOOG to be in-line kind of report based on click trendline....
In my portfolio :
Sold ICO & booked a gain of $1.16 per share
Bought SOL a wafer manufacturer who boosted its guidance this AM.....although it is not as much bargain as I would have liked but Solar are expanding RSI these days....so bought in my defined overbought territory of 70 RSI.....my cost $16.35
Added 20% SEED cost remains $6.11........
AAPL UP 98 cents
RIMM Down $1.38
SOL UP 75 cents..I am down 13 cents
SEED down 10 cents
TOL down 20 cents
@11.30 AM the following are green :
LDK,YGE,ICO,VMW,DELL,ICE,CCJ,BIDU,VLO,ISRG,STP.....
BLOG does NOT give buy or sell.
Saleem
Both MER & NOK bad news being digested nicely by market......
GOOG reports AH.....I expect GOOG to be in-line kind of report based on click trendline....
In my portfolio :
Sold ICO & booked a gain of $1.16 per share
Bought SOL a wafer manufacturer who boosted its guidance this AM.....although it is not as much bargain as I would have liked but Solar are expanding RSI these days....so bought in my defined overbought territory of 70 RSI.....my cost $16.35
Added 20% SEED cost remains $6.11........
AAPL UP 98 cents
RIMM Down $1.38
SOL UP 75 cents..I am down 13 cents
SEED down 10 cents
TOL down 20 cents
@11.30 AM the following are green :
LDK,YGE,ICO,VMW,DELL,ICE,CCJ,BIDU,VLO,ISRG,STP.....
BLOG does NOT give buy or sell.
Saleem
Wednesday, April 16, 2008
Nasdaq closed UP 64.07 +2.8%...looking GOOD !!!
Markets optimism was well founded as it closed strong across the board........
IBM ER was stellar...the-best so far.....huge beat on guide higher earnings & further guided UP...
CY & SPWR reports before open.....it is expected to be good !!!
In my portfolio :
AAPL rating 30/30 target $167.35
ICO rating 30/30 rated for a "breakout" @ $7.12 for a target of $7.74..Carter Worth technician for Oppenheimer recommended ICO on Fast Money and it is already trading @ $8.....went as high as $8.60 AH.......
RIMM rating 40/75 target $131.51
SEED rating 75/80 target $7.18
TOL rating 45/40 target $26.20
In other stocks :
YGE rating 55/60 target $25.28
SOLF rating 60/60 target $17.90
Strong stocks were BIDU,MA,V,POT,AGU,YGE,CSIQ,SNDK,INTC,FMCN,
SOHU,QLD,GS,DRYS,ISRG,FSLR,GOOG,SPWR,LRCX,NVLS,CIEN,SWIR,
STP,SNDA,ICE,VMW,SINA,ABX,X.....
BLOG does NOT give buy or sell.
Saleem
IBM ER was stellar...the-best so far.....huge beat on guide higher earnings & further guided UP...
CY & SPWR reports before open.....it is expected to be good !!!
In my portfolio :
AAPL rating 30/30 target $167.35
ICO rating 30/30 rated for a "breakout" @ $7.12 for a target of $7.74..Carter Worth technician for Oppenheimer recommended ICO on Fast Money and it is already trading @ $8.....went as high as $8.60 AH.......
RIMM rating 40/75 target $131.51
SEED rating 75/80 target $7.18
TOL rating 45/40 target $26.20
In other stocks :
YGE rating 55/60 target $25.28
SOLF rating 60/60 target $17.90
Strong stocks were BIDU,MA,V,POT,AGU,YGE,CSIQ,SNDK,INTC,FMCN,
SOHU,QLD,GS,DRYS,ISRG,FSLR,GOOG,SPWR,LRCX,NVLS,CIEN,SWIR,
STP,SNDA,ICE,VMW,SINA,ABX,X.....
BLOG does NOT give buy or sell.
Saleem
Green is the colour for all indices !!!
Markets are getting many good news on earnings front.....
INTC,JPM,KO.....all giving boost to positive market sentiments....
Ag sector got a big boost from POT which negotiated increase in prices from China.....
Feels like credit problems are in "rear view"......
Markets have been basing nicely since retest of Jan lows........
Solar got boost with many upgrades....FSLR,TSL & YGE got upgraded today with higher targets..
In my portfolio :
AAPL UP $4.61
ICO UP 35 cents
RIMM UP $3.87
SEED UP 21 cents
TOL UP $1.11
@11.22 AM the following are very green :
POT,AGU,YGE,TSL,CMED,GS,V,JASO,CSIQ,SNDK,VMW,FMCN,
ICE,JRCC,CTRP,WYNN,MA,BIDU,SOHU,NMX,VLO,ABX,SPWR,
FSLR,ISRG,SNE,AMZN,IFN,DRYS,GOOG,FWLT,QLD,LRCX,
HPQ,WFR,INTC,X,SINA,SWIR,CIEN......
BLOG does NOT give buy or sell.
Saleem
INTC,JPM,KO.....all giving boost to positive market sentiments....
Ag sector got a big boost from POT which negotiated increase in prices from China.....
Feels like credit problems are in "rear view"......
Markets have been basing nicely since retest of Jan lows........
Solar got boost with many upgrades....FSLR,TSL & YGE got upgraded today with higher targets..
In my portfolio :
AAPL UP $4.61
ICO UP 35 cents
RIMM UP $3.87
SEED UP 21 cents
TOL UP $1.11
@11.22 AM the following are very green :
POT,AGU,YGE,TSL,CMED,GS,V,JASO,CSIQ,SNDK,VMW,FMCN,
ICE,JRCC,CTRP,WYNN,MA,BIDU,SOHU,NMX,VLO,ABX,SPWR,
FSLR,ISRG,SNE,AMZN,IFN,DRYS,GOOG,FWLT,QLD,LRCX,
HPQ,WFR,INTC,X,SINA,SWIR,CIEN......
BLOG does NOT give buy or sell.
Saleem
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