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
at

9 comments:

  1. madmaxApril 21, 2008 at 10:29 AM

    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

    ReplyDelete
  2. Stocks100April 21, 2008 at 10:39 AM

    Hi Madmax,

    Good move on AAPL.....

    Great buy on TSO......

    Good luck on your next purchase.

    Saleem

    ReplyDelete
  3. madmaxApril 21, 2008 at 10:49 AM

    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:

    ReplyDelete
  4. DougApril 21, 2008 at 12:20 PM

    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.

    ReplyDelete
  5. Stocks100April 21, 2008 at 12:30 PM

    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

    ReplyDelete
  6. theHedgeApril 21, 2008 at 1:42 PM

    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

    ReplyDelete
  7. Stocks100April 21, 2008 at 1:52 PM

    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

    ReplyDelete
  8. minaccessApril 21, 2008 at 3:25 PM

    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.

    ReplyDelete
  9. Stocks100April 21, 2008 at 3:42 PM

    Hi Minaccess,

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

    Your picks are working great....

    Lot of conviction in the market...

    Saleem

    ReplyDelete