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
5 comments:
Hi Saleem,
Just wanted to say congrats on ICO and thanks for giving me the idea to get a piece of it. I bought in early as you did and the move tonight was great. I did sell half of my position AH.
I made all of my dough back on QLD plus a profit. I wish I wouldn't have sold it but I cant complain since I made money. I sold SSO for a dollar loss and used that money to buy more QLD when it was down big. That really paid off for me this week.
Im not sure when to sell ESLR Saleem, do you Have any thoughts on a target? My cost basis is $10.55 so I dont need to be greedy. A small profit would be just fine as I have too many thousand shares. LOL. I just would like to know what you think about its overall health i.e. uptrending, weak... and then maybe a target that you would shoot for if you owned it. Thanks for your thoughts. I am a bit too overweight in it.
Hi Doug,
Nice to see your post !!!
QLD is a safe & best idea to prosper from uptrend in Nasdaq...I am glad that you were able to book profit.
ESLR....as you know ..when I sell something in a hurry or loss means only one thing..that it was a mistake to buy based on tape action...
I have been highlighting YGE for two days..which IS the best idea in solar NOW...still not too late..
ESLR reports tonight....SPWR before open will give a boost to all solar...so book a profit in ESLR....Idea is to make money!!!
Are you still holding RIMM???
Saleem
Good morning Saleem,
I have been reading your blog each day but I held the same stocks, hence lowered posts. I sold RIMM because I added to QLD to a big overweight position, so I had so much in tech with the QLD that it was enough. I have been watching it again this week and want back in. I am hoping for a pop in ESLR today to get out with a little something...I am thinking about putting that money right back into YGE. Thanks again for your thoughts.
Saleem,
Here we are at 12.6k in the Dow again and the boo bears are coming out. Good earnings from the Techs are being sold down as missing estimates. Whatever, solar looks weak??? AG looks great but too high? Where to go next?
Hi Standards,
This IS a stock pickers market....
In every sector...there are good stocks.........
I just picked up SOL...a wafer manufacturer which boosted its output today.....
All stocks have moved UP....but...you have to buy in a diversified mode..some tech,some ag,some solar some home builder....that IS how I am positioned.
Saleem
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