Monday, April 14, 2008

Markets took a mini step back...thanks to Wachovia...

Markets are NOT given "breathing room".....it is one bad news after another mostly in financials...

Close is showing resiliency AGAIN.........

AH news is not good in many sectors.....

NVTL down big

AFFX down big

CROX down big

All are reporting HUGE miss from consensus.......

Solar sectors was selectively strong....as Silicon tight supply is "easing"...this news will benefit PV cell makers NOT Wafer manufacturers.......

This SHIFT was very clear as majority of Solar did NOT participate today.....

The big solar beneficiary were TSL,CSIQ & JASO......they are all approaching "overbought levels"based on RSI...so try NOT to chase......imho

In my portfolio :

AAPL rating 40/85 target $155.50

ICO rating 35/30 target $7.12

RIMM rating 45/90 target $125.01

SEED rating 75/80 target $7.03

TOL rating 70/70 target $25.31

In other stocks :

LDK rating 35/90 target $36.41

YGE rating 65/85 target $23.04

Strong stocks were TSL,JASO,CSIQ,AGU,POT,MON,MOS,BIDU,FSLR,NCTY,
NTRI,X.....

BLOG does NOT give buy or sell.

Saleem

3 comments:

Troy House said...

Why is everyone so quiet, everything ok? or everyone just enjoying the weather?

Stocks100 said...

Hi Troy,

Everyone is quiet...because most of US are missing Solar rally...

I am happy for your solar overweight....great strategy !!!

Saleem

Troy House said...

I miss getting JASO couple of days ago on 21.xx ... but well hopefully you cant get everything...

Lets see how long this round of solar rally continues...