Thursday, April 24, 2008

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

6 comments:

Doug said...

Saleem,
I hope we break S&P 1400 at the close today. That sure would be nice. Talk soon.

Doug said...

By the way Saleem, I am seeking a tech stock and I like ICO. I was wondering if you have any suggestions for a tech play and let me know what you think of ICO at current price for an entry? I went in on NUVA with IH with a small position too. THanks for your thoughts. Best wishes.

theHedge said...

Hi Saleem,
Like you just mentioned, POT and BG earnings despite being good signals perhaps a topping in ag for now. I will reposition my portfolio starting tomorrow. I got caught with MOO and POT. Taking profit should remain the best course of action.
Good luck to all

Stocks100 said...

Hi Doug,

Nice to see your note.

I like "optimistic Doug"

JNPR is reporting tonight..expecting a beat...it looks good for longterm approach.

Techs are the-sector to be in...

QCOM looking good also.....

YHOO maybe good..because the fight for control of YHOO starts monday..

I say buy all 3.....

ICO also is a great Cola/met play...

So buy all 4 in small Qty.....

I firmly believe that spreading risk IS a smart way to go.....

Good luck on your decision ....

Saleem

Stocks100 said...

Hi Ghoad,

AG will continue to work...

So keep it as part of a broadbased portfolio.....

Saleem

madmax said...

SALEEM

My GS is up nicely
AGU and is down a lot

Have a good day
M