Monday, April 21, 2008

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

9 comments:

madmax said...

SALEEM

Your stocks are looking good
I am liking V, BRCm, a cheer for TSO.
out TOL is sitting this market out.
Smile

Sold my AAPL and CMED and LDK.
Got me some cash. I am thrilled that AAPL made me $300! I lost on the other two I sold
Cheers
M

Stocks100 said...

Hi Madmax,

Good move on AAPL.....

Great buy on TSO......

Good luck on your next purchase.

Saleem

madmax said...

SALEEM
IBD money flows:

Stocks RISINGFALLING on unusually high volume. Learn More about Stocks On The Move.

4/21/2008 Updating...
Stock
Symbol Company
Name Stock
Price Price
Chg. Vol
% Chg. Research Tools
FEED Agfeed Industries Inc 18.49 +1.49 +587
AME Ametek Inc 49.52 +2.60 +240
EXM Excel Maritime Carriers 40.24 +2.54 +219
CIR Circor Intl Inc 49.61 +5.66 +218
MMR Mcmoran Exploration Co 26.59 +0.74 +179
ARD Arena Resources Inc 47.03 +2.74 +152
AGU Agrium Inc 90.82 +2.78 +75
TNH Terra Nitrogen Co Lp 163.87 +7.50 +69
SYT Syngenta Ag Adr 64.83 +0.75 +58
POT Potash Corp Saskatchewan 206.77 +2.10 +51
MATK Martek Biosciences Corp 35.37 +1.48 +50
PDA Perdigao Sa Adr 53.67 +3.00 +43
NXY Nexen Inc 35.42 +0.57 +35
HES Hess Corp 110.91 +5.66 +29
EGLE Eagle Bulk Shipping Inc 28.96 +0.52 +29
SLB Schlumberger Ltd 104.16 +2.31 +28
DXPE D X P Enterprises Inc 42.56 +1.08 +22
MIND Mitcham Industries Inc 19.68 +0.55 +20
TOT Total S A Adr 82.35 +1.19 +19
DSX Diana Shipping Inc 29.48 +1.23 +17

Stock
Symbol Company
Name Stock
Price Price
Chg. Vol
% Chg. Research Tools
MDTH Medcath Corp 19.37 -3.65 +668
IHS I H S Inc Cl A 66.00 -0.94 +468
APL Atlas Pipeline Ptnrs Lp 42.30 -0.73 +458
AMLN Amylin Pharmaceuticals 27.91 -3.50 +224
WTFC Wintrust Financial Corp 32.40 -2.50 +200
IRE Bank Of Ireland Gp Ads 58.14 -0.68 +173
ISRG Intuitive Surgical Inc 287.63 -0.87 +148
IVAC Intevac Inc 16.31 -1.09 +139
BOLT Bolt Technology Corp 22.09 -1.54 +109
VIVO Meridian Bioscience Inc 26.87 -0.54 +102
OSTK Overstock.Com Inc 17.73 -0.74 +100
FRX Forest Labs Inc 34.58 -1.26 +95
ETN Eaton Corporation 86.23 -4.40 +95
CYT Cytec Industries Inc 60.60 -1.33 +85
SAY Satyam Computer Svcs Adr 24.97 -1.32 +63
CTXS Citrix Systems Inc 31.50 -0.77 +62
ARB Arbitron Inc 45.01 -1.31 +61
LLY Lilly Eli & Co 49.77 -2.30 +60
CATY Cathay General Bancorp 16.91 -0.79 +58
WFT Weatherford Intl Ltd 83.38 -2.17 +56


Legend:

Doug said...

HI Saleem,
I started a position with IH on NGS as my 5th stock. I wish I would have held my ICO shares. Congrats!!! Talk soon.

Stocks100 said...

Hi Doug,

NGS has come a long way from its low.....it supplies equipment to Gas industry.

Wish do come true once in a while..... in stock market.....you only know after holding a stock as to how far it will go.....if it IS the right stock.

Good luck with NGS !!!

Saleem

theHedge said...

I Saleem.
As always great work you are doing.
For everyone my positions are
AAPL
MOO
PBR
POT
RIG
Good luck. We have started the week on a good foot.
Ghoad

Stocks100 said...

Hi Ghoad,

Nice to see your note.

Thanks for your appreciation.

You have a "killer portfolio" looks very strong.......

Yes..Techs led the way plus usual strong stocks like Ag,solar....

Saleem

minaccess said...

Hi Saleem. Good day for my stocks. My POT, TITN and HXM hit new all time highs. HXM broke out of a cup with handle base. My other stock, CELG, was down less than 1% on light volume. My energy/ETF portfolio also did very well. This is exactly how a new bull market should act. Big up days with strong volume followed by down or mixed days on light volume.

Stocks100 said...

Hi Minaccess,

Today was a nice day in tech land also.....

Your picks are working great....

Lot of conviction in the market...

Saleem