Thursday, April 24, 2008

Russell & Nasdaq led the "green" finish....

Russell 2000 & NASDAQ Comp were the strongest indices @ close......

All commodities took it on the chin ?

US$ roared UP against world currencies......

Gold down

Oil down

Ag down

Steel down

Copper down

Get the picture !!!!

Can it be the end of the bull run in these "record breaking..all time high bets"

Only time will tell......

A pullback to support looks likely........

I personally believe that cost & need is so high that it will sustain higher prices !!!

In my portfolio :

EGO rating 70/70 target $7.78

FMCN rating 40/30 target $40.00

ICO rating 45/30 target $9.35

JNPR NO TA...ER AH as expected beat on top & bottom line.....UP $1.03 @ bid....

PMCS No TA

SNDK No TA

SEED rating 55/85 target $7.33

TSO rating 45/95 target $31.64

TOL rating 100/65 target $26.42

In other stock :

RIMM rating 45/45 target $126.55

TRMB great ER AH UP $3++

BIDU ER AH Beat & Guide Higher UP $8

MSFT lousy ER down $1++

Strong stocks were V,MA,GS,AAPL,RIMM,C,LEH,QLD,VMW,CTRN,
ICE,WYNN,XLF,IFN......

BLOG does NOT give buy or sell.

Saleem

6 comments:

Troy House said...

V reporting Monday, I would add some more tomorrow in light of AXP's good results, what do you all think?

minaccess said...

Hi Saleem. Nice summary. Market moves on.

Stocks100 said...

Hi Troy,

V is a good story...they will easily beat 55 cents.....

I have to sell something to buy V...will see how the day start.

Saleem

Stocks100 said...

Hi Minaccess,

Market is poised to take over the famous 1400 on S&P 500.....then that will become support...

We are already above much dreaded 12800 on Dow.

Saleem

madmax said...

SALEEM

Nice market wrap up

AAPL looking awsome. Up $2 bucks
GS green today, again!
HOS , TOL and TSO are all green...

Looks liek at great trading day

My brother in law in China says BIDU and CHL are best buys.
Good luck to all
Madmax

Stocks100 said...

Hi Madmax,

Thanks for your appreciative note.

Yes...BIDU is a great buy today !!!

My problem is ..I like too many stocks now...so have to sell one to buy another.

Saleem