S&P 500 closed @ 1397.84 above resistance !!!

S&P 500 is giving a "buy signal"by closing above resistance.........

Many sectors are showing strength in this newly "born again bull market"

Sector rotations are happening on a daily basis.......

In my portfolio :

EGO rating 85/85 target $7.83

ICO rating 50/30 target $9.15

PMCS rating 20/30 target $9.23

SEED rating 35/40 target $9.14

TSO rating 35/95 target $31.65

TOL rating 70/45 target $26.53

V No TA ..too new..Closed @ new high on heavy volume of 25++ million shares..Reporting before OPEN on Monday consensus EPS 46 cents Sales $1.45 Billion......I expect V to beat on both top & bottom line & guide HIGHER !!!!!

In other stock :

RIMM rating 35/75 target $131.80.....delay of 3G Blackberry is causing weakness....3G will go to VOD in Europe first then to North America.....

Strong stocks were BIDU,SOHU,SINA,GS,ISRG,SOL,CSIQ,JASO,FSLR,GOOG,
AAPL,STP,ICE,VMW,X.....

10AM Saturday...I will post technically weak/strong & buy rated stocks.

BLOG does NOT give buy or sell.

Saleem