Saturday, May 31, 2008

Buy Rated stocks for "Upcoming Summer Rally " $$$

Following stocks are flashing buy signal.Please do your own FA/TA.Always use stop.

AAPL,BOOM,BUCY,BRCM,CRUS,CSCO,CTRN,ENER,FFIV,
FTEK,MRVL,NTGR,NVDA,RVBD,XLNX,SNE,STX,V,MON,
HMC,CKP.

Next post Sunday 10AM.

BLOG does NOT give buy or sell.

PS...mother has regained post-operative consciousness....will speak to her 10 AM Houston time.

Saleem

Technically STRONG stocks for "Upcoming Summer Rally " $$$

Following stocks are showing technical strength based on various formations.Please do your own FA/TA.Always use stop.

ISRG,NVLS,ROK,ACOR,WIT,RFMD,AMAT,CDNS,CPHD,
HNZ,EXPE,FEIC,UEX.TO,UUU.TO,RCI.A.TO.

BLOG does NOT give buy or sell.

Saleem

Technically WEAK stocks for "Upcoming Summer Rally " $$$

Following stocks are showing technical weakness based on various formations.Please do your own FA/TA .Always use stop.

VSE,HOKU,DLLR,DBA,FSLR,TIVO,VIA,TEN,ADM,TTM,FDP.

BLOG does NOT give buy or sell.

Saleem

Friday, May 30, 2008

S&P 500 closed @ 1400.38 !!!!

S&P 500 closed @ 1400.38 above key resistance level.......

NASDAQ was the strongest index UP 14.34......

Solar stocks came back after German subsidy reduction was less than feared.....

AH SOL announced 8.1 million share secondary offering which will increase TOS by 13.6%..a small dilution...SOL down $1.58 from close.... erasing most of its RUNUP today....

In my portfolio :

AAPL rating 55/75 target $203.68

RIMM rating 45/80 rated for a "breakout" @ $143.78 for a target of $159.60

SOL NO TA......AH tape after secondary offering may RETEST its LOW from Thursday in Monday's trading.....

Strong stocks were FSLR,SWR,STP,SOLF,JASO,TSO,V,FMCN,ISRG,GOOG,
SAY,QLD,NCTY,SNDA,LDK,LVS,X,ACH,ABX.....

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

BLOG does NOT give buy or sell.

PS....mother is in ICU ..expect her to come out of Anaesthesia effect by 9PM Houston time..everything went well as per surgeon's feedback...thanks for your concern for her...meant a lot to me.

Saleem

Nasdaq strong...thanks to MRVL & DELL !!!!

NASDAQ is showing strength as earnings from MRVL & DELL came better than expected.....

Solar is getting TRACTION & ATTENTION as German changes in subsidy are minor tweaks till 2010.....

US$ is strong today...I have been betting for US$ strength against Canadian $ for several months..for most part it has worked as I converted near TOP of Canadian $ strength which was $1.10 now it is $1.0064 today..in other words US 1.0064 required to buy 1 Canadian $....

In my portfolio :

AAPL UP $1.77

RIMM UP 93 cents

SOL UP $1.57

@11.21 AM the following are green :

MRVL,DELL,BRCM,NVDA,MA,V,FSLR,SPWR,TSL,JASO,CSIQ,
SOLF,WFR,LDK,POT,CTRN,JRCC,CCJ,SOHU,VLO,ABX,SE,
AMZN,GOOG,DRYS,FWLT,SAY,GS,SNDA,NCTY,STP,X,ACH...

BLOG does NOT give buy or sell.

PS...Mother went for surgery @ 845 AM Houston time ...will take 3.5 hrs to 4.5 hrs till it is completed..Thanks to Minaccess,Ds,Madmax & many others who are hoping for a speedy recovery.....

Saleem

Thursday, May 29, 2008

Markets ended green...Internals Strong !!!!

Markets ended green all over and internals were leading higher....

New Highs led on both NYSE & NASDAQ.....

Solar took it on the chin "big time" after report of reduction in German subsidies.....

European Solar stocks also got downgraded including Q-Cell......

In my portfolio :

AAPL rating 45/80 target $203.94

RIMM rating 55/50 ratef for a "breakout" @ $143.90 for a target of $158.90

SOL...No TA....Slumped 11.34% after showing relative strength earlier in AM....

Strong stocks were SOHU,MA,V,QLD,LULU,DUG,GS,ISRG,GOOG,NYX,
ICE,GRMN,VMW,SINA......

AH MRVL blew away estimates and guiding HIGHER

AH DELL operating margin improved stock HIGHER

BLOG does NOT give buy or sell.

Saleem

Oil data bullish ..but Oil going down..good for Stocks !!!

Oil data came in bullish with a bigger draw down and flattish refinery utilization....all bullish for Oil.....but surprisingly Oil is going down......Has Oil peaked????

Stocks are moving gradually higher from oversold conditions.....

Solar stocks are taking a beating as Merrill Lynch gave a sell to ESLR & SPWR due to expected reduction in German subsidies......

In my portfolio :

Sold PMCS & booked a gain of 20 cents per share.....

Bought 66% more SOL..my cost went down to $26.95....

My portfolio is AAPL,RIMM,SOL......only 3 stocks ....a change in strategy of more concentrated position...let us see how this works out !!!!

AAPL down 50 cents

RIMM UP $1.25

SOL down 40 cents

@ 11.38 AM the following are green :

BRCM,CMED,V,MA (on reaffirming of sales growth),VMW,
POT,CTRN,ICE,WYNN,LVS,SOHU,NYX,ISRG,SNE,AMZN,
GOOG,GS,SINA.

BLOG does NOT give buy or sell.

Saleem

Wednesday, May 28, 2008

S&P 500 closed @ 1390.84 !!!!

S&P 500 is creeping UP slowly......

Most Solar stocks & big techs ran UP into close !!!!

Markets are slowly building UP strength !!!!

In my portfolio :

AAPL rating 45/80 target $204.11

PMCS rating 50/45 target $9.08

RIMM rating 60/50 rated for a "breakout"@ $143.90 for a target of $158.90

SOL No TA.....among the strongest solar stock only $3.03 away from all-time HIGH !!!!

Strong stocks were TSL,V,MA,LULU,FMCN,ISRG,BIDU,CSIQ,
FSLR,GOOG,AKAM,SOHU,X,SINA,WFR,VMW,QLD.....

BLOG does NOT give buy or sell.

Saleem

OIL putting pressure on most stocks....

Oil is UP thanks to supply concerns & another brokerage jumping on "how high the OIL bandwagon"...

Stocks were green @ open as oil was down $2......then everything reversed......

Solar stocks are mixed......so far !!!

In my portfolio :

AAPL down $1.28

PMCS UP 1 cents

RIMM UP $1.17

SOL UP 88 cents

@ 12.54 noon the following are green :

V,CSIQ,WFR,VMW,POT,CCJ,CTRP,IGT,MA,BIDU,WYN,
SOHU,VLO,ISRG,DRYS,GOOG,FMCN,AKAM,X.....

BLOG does NOT give buy or sell.

PS...mother heart valve replacement is delayed due to electricity generation issue @ the hospital...family anxiously waiting for reschedule....thanks for your continued concern & hoping for speedy resolution.....

Saleem

Tuesday, May 27, 2008

Nasdaq UP 1.5%....Green all over !!!

Markets were OVERSOLD...so a bounce was not a surprise......

Most investors /traders are discouraged near oversold levels......

IBD loves to raise "red flag" whenever there is a "routine pullback"

By the time IBD gives "all clear"....market have moved "substantially UP"

In my portfolio :

AAPL rating 50/80 target $203.83

PMCS rating 35/45 target $9.30

RIMM rating 65/80 target $149.67

SOL No TA.....among few solar stock which was UP today based on PJ Jesse Pichel note today on SOL saying... Q2 tracking as expected and chance of UPside exist based on ramp UP production......He has target of $40 !!!

Strong stocks were GOOG,BIDU,MA,V,QLD,GS,ISRG,CMED,NCTY,
SNDA,LRCX,WFR,VMW,SOHU......

BLOG does NOT give buy or sell.

PS...mother is in very good spirit thanks to many well wishers!!!!

Saleem

Nasdaq staying in GREEN so far....

Markets are showing hesitation this AM......although Oil is down $2+ , gold is down $16+ & US$ is UP....

Markets are in the process of establishing a bottom...before running UP.....

Solars are taking on the chin today....

In my portfolio :

AAPL UP $1.07

PMCS UP 1 cents

RIMM down $1.00

SOL down 77 cents

@11.54 AM the following are green :

JNPR,LRCX(upgrade),VMW,CTRP,BIDU,AMZN,GOOG,PWRD,
NCTY,NVLS.....

BLOG does NOT give buy or sell.

ps...mother is being operated on wed AM....delayed by one day to give her more strength & stability in her vital signs......

Saleem

Sunday, May 25, 2008

Solar Stocks are they really "Hot,Hot,Hot"???

Solar stocks have been the best performers since April of 08.......

What is propelling this sector into the-strongest category???

-Highest growth rate in both Sales & EPS

-Awareness about Alternative energy

-Cleaner fossil fuel

-Serious energy shortage around the world

-Sky high price of Oil

-If $130 price of oil sticks...then Solar will be pushed by more government & United Nations

-Solar is easy to harness around the world

Solar stocks comeback on Friday with Oil has convinced ME that this sector is for real !!!

Solar stocks wants to go higher much more than what we are READY for....most hyper growth cycle last for @ least a decade......we are in year 2 now...8 more years to go !!!!

So which Solar stock is looking attractive right now based on stocks I monitor...here is current rundown on some popular names as of Friday's close:

JASO price $23.44 EPS 08 92 cents PE 25.48

STP price $46.89 EPS 08 $1.55 PE 30.25

YGE price $22.30 EPS 08 90 cents PE 24.7

SOL price $$24.10 EPS 08 $1.24 PE 19.44

SOLF price $22.58 EPS 08 97 cents PE 23.28

LDK price $47.16 EPS $1.67 PE 28.24

TSL price $48.33 EPS $3.14 PE 15.39

CSIQ price $38.49 EPS $2.35 PE 16.38

Based on EPS growth rates for most solar they are showing an average of 50% for 09.....this growth should translate into major gains in stock price......

Based on the latest earning reports and CC...CEO's are very confident of their rapid growth going forward......

I personally believe that Solar has graduated from another CONCEPT arena to a hyper- growth sector.......

I will NOT hesitate to give PE of 35 as an average based on superior growth in their EPS...some may trade much higher than this..... as is clearly the case if we look @ FSLR (96.03 PE for 08)& SPWR(39.26 PE for 08).....

As the evidence of superior growth is IN...I will personally try to overweight solar .......

Here is my $ weighting as of Friday's close :

AAPL 27.5%

PMCS 6.0%

RIMM 52.5%

SOL 14.0%

We are NEAR support level for the markets as most sectors are OVERSOLD except solar....solar is showing major relative strength....so it will be prudent to be overweight !!!!

BLOG does NOT give buy or sell.

Saleem

Saturday, May 24, 2008

BUY rated stocks for "RETEST of support "

Following stocks are flashing BUY signal.Please do your own FA/TA.Please use Stop.

DELL,SWKS,CA,ISSI,KFRC,ULTI,CHU,COW,RDY,TAP,MBT.TO,
UEX.TO,WIN.TO......

Next post sunday 10.00 AM

BLOG does NOT give buy or sell.

Enjoy your memorial day long weekend with friends & family !!!

Saleem

Technically STRONG stocks for "RETEST of support "

Following stocks are showing technical strength based on various formations.Please do your own FA/TA.Always use stop.

SYNO,GSS,ESLR,SBP,WDFC,WEN,HLIT,ARAY,ANO,CGV,
EGO,FCEL,AMZN,UA,NBIX,LOJN,TWM,QID.

BLOG does NOT give buy or sell.

Saleem

Technically WEAK stocks for "RETEST of support "

Following stocks are showing technical weakness based on various formations.Please do your own FA/TA .Always use stop.

LHO,GET,COMVBJRI,DD,BSX,CTX,TOL,ANF,CMED,
LRCX,CREE,EK,CY,SONE,JASO,DNDN,ONXX,CBRL,
ODP,M,KWK,AMSWA.....

BLOG does NOT give buy or sell.

Saleem

Friday, May 23, 2008

S&P 500 closed @ 1375.93

Markets closed on a sour note...all indices were deep RED !!!

Some big name techs & solar went against the trend.....

In my portfolio :

AAPL rating 45/85 target $193.57

PMCS rating 45/70 target $9.14

RIMM rating 65/95 target $144.01

SOL No TA.....Found support Thursday move UP Friday along with all solar.

Strong stocks were ISRG,LDK,SOLF,JASO,TSL,FSLR,DUG,STP,GRMN,
SPWR,SDS.....

By 10 AM Saturday I will post list of technically weak/strong and buy rated stocks.

BLOG does not give buy or sell.

ps... Was late in posting today as my mother is going for a Heart Valve replacement surgery in Houston...On the phone with family & Cardiologist...whole day....Please wish a speedy recovery for her Tuesday surgery....thanks

Saleem

S&P 500 low so far 1374.11???

Markets are in deep red AGAIN !!!!

Oil is UP near $132 AGAIN !!!!

We went into deeply oversold territory this AM.....Ripe for oversold bounce !!!!

Hoping for a firming trend by close.....

In my portfolio :

AAPL UP $4.11 on upgrades by Goldman & Merrill Lynch..price target increased to $220 area...

PMCS down 21 cents

RIMM down 64 cents

SOL down 16 cents...only solar which is down???

@11.35 the following are green :

CSIQ,JASO,NTES,SOLF,LDK,CTRP,SPWR,ISRG,TSL,
STP,DUG,SDS......

BLOG does NOT give buy or sell.

Saleem

Thursday, May 22, 2008

S&P 500 finds support @ 1390.23 !!!!

Markets ended green after finding support @ 1390.23 for S&P 500.....

Price of Oil has spooked investor & consumer confidence.....

Price of Oil retreated from mighty $135 to $130+

Markets will build its strength from here as we are clearly OVERSOLD......

In my portfolio :

Sold V and booked a loss of $8.90 per share.....

Added 30% more RIMM..my cost went down to $132.78....

My portfolio is AAPL,PMCS,RIMM,SOL......

AAPL rating 20/70 target $185.08

PMCS rating 0/80 target $9.85

RIMM rating 35/100 target $144.01

SOL No TA.....has pulled back $6.59 from its high..which is 22.3% pullback...are we ready to start a new uptrend ????

Strong stocks were NMX,NVDA,C,NVTL,SINA,GLW,EBAY,STX,NVLS,COIN....

AH ISRG is going into S&P 500......

BLOG does NOT give buy or sell.

Saleem

Market trying to regain footing !!!!

All indices are green so far.......

Markets are certainly oversold NOW........

We may see a gradual move UP......

In my portfolio :

Sold NTES booked a loss of 80 cents per share....

Bought AAPL my cost $180.87... as it was showing strong tape vs marking time with NTES..

My portfolio is AAPL,PMCS,RIMM,SOL,V.....

AAPL UP $1.16..I am down $1.52

PMCS Down 25 cents

RIMM down $3.00

SOL down $2.70

V down $3.30

@11.38 AM the following are green :

ESLR,WFR,POT,C,TKC,CTRN,JRCC,WYNN,NMX,VLO,
SNE,AMZN,SINA,X...

BLOG does NOT give buy or sell.

Saleem

Wednesday, May 21, 2008

NTES CC....Clarified tax charges !!!!

NTES CC was very detailed on the unusual charge for tax accrual of 25% as per current unified tax procedure for all companies operating in China both foreign & domestic....

NTES has applied for tax adjustment due to their technology focus....

NTES fully expects that their tax rates will revert to 15% before the year is out.....

NTES will continue to accrue 25% until ruling for 15% comes through.....

NTES will reverse the tax charges in the Q it receives exemption.......

Analyst were in tune with this TAX procedure and will factor 25% tax going forward until exemption is received......

After exemption is received then NTES will Show a HUGE adjustment in that Q ..thus boosting EPS for Q and the entire 08 FY....

NTES does NOT expect any affect on Advertising or other revenue issues due to 3 days of mourning...3 days of mourning for Quake victims is understood by all analyst covering Chinese companies.....a minimal affect will be factored for all companies.....Monday to Wednesday was the 3 days affected by mourning......how busy is NTES on those days with online gaming revenue will be minused out by analyst for Q2....

NTES is very confident about gains in Advertising on a Y/Y basis...Q1 is their slowest Q for Advertising...still gained 37.5% Y/Y by $3 million...$11 million in Q1 08 vs $8 million in Q1 07..

NTES expects to see continuing gains in their business for the rest of FY 08 & into FY09.....

All In all a very confident NTES team.......

It will be interesting to see how Analyst and traders view NTES for Thursday trading.....AH only retail sold in PANIC when they saw basic 32 cents EPS or fully diluted 30 cents EPS...only 42,740 shares traded after earnings came out....

BLOG does NOT give buy or sell.

Saleem

NTES Beat by $10.74 million on Sales EPS miss by 1 cents due to extra tax of $23.9 million ???

NTES Reported a major beat on Sales by $10.74 million......Consensus $82.26 million Actual $93.0 million.....

EPS is 30 cents a miss by 1 cents from consensus due to a hefty sequential increase in taxes of $23.9 million......Q4 had tax credit of $7.5 million vs a charge of $16.4 million in Q1....Q/Q difference of $23.9 million????

NTES stock is down AH to $21.00 bid ???down $3.05 from close on 37,695 shares after release of ER.....

CC is @ 9.00 PM eastern.....will take it from there ....

Bought PMCS my cost $8.41...

My portfolio is NTES,PMCS,RIMM,SOL,V......

BLOG does NOT give buy or sell.

Saleem

Oil @ $132..only $9 from GS target of $141 !!!

Congratulations to GS on an excellent strategy to take Oil to $141....

What happens when Oil hit GS target of $141???

Do we go to T.Boone Picken's target of $150????

All of the above IS possible as US government have not taken a single step to reduce consumption of Oil...while everybody IS hurting....total uncaring leadership in Washington ????

US is the biggest consumer of Oil on a per Capita basis.....

US is busy with Photo Op's than coming up with LEGISLATION to REDUCE consumption of Oil...

Oil company lobby must be very effective in Washington.......

In my portfolio :

NTES UP 41 cents...reports AH..expecting a BEAT & Guide HIGHER !!!!

RIMM Down $1.20

SOL UP 15 cents

V down 15 cents

@ 11.41 AM the following are green :

LDK,SOLF(on major beat on EPS),PMCS,SNDK,JRCC,CTRP,
MA,SOHU,ABX,DRYS,NVDA....

BLOG does NOT give buy or sell.

Saleem

Tuesday, May 20, 2008

Almost $130 Oil Tanks stock market???

Markets ran scared after Oil came close to $130???

PPI came hotter than expected????

All of the above is shaking the confidence of consumers & investors.......

Consumer are paying through the nose for gasoline and all consumer items in grocery stores.....

Markets pulled back after hitting highest level since march retest....

Markets are testing "support" NOW......

We should be able to resume our uptrend after finding support.......

About OIL......we are getting into a "blowoff stage"where prices will peak very soon......

In my portfolio :

NTES rating 40/45 target $26.45...NTES reports after close wed..consensus estimate is Sales $82.26 million and EPS of 31 cents...expecting a BEAT on both and looking for guidance higher than consensus...NTES currently trades @ 18.43 PE @ Tuesday's close.....of $24.14 !!!

RIMM rating 40/30 rated for a "breakout" @ $143.81 for a target of $158.60....

SOL No TA....slight pullback today after huge runup to series of all-time highs.....

V No TA.....Behaved well in a slumping market.....

Strong stocks were AAPL,BIDU,FSLR,CSIQ,LDK,ABX,GG,X,POT......

SOLF reports before OPEN consensus 15 cents......they have already warned for Q 1 and margin pressure for 08....should be an easy BEAT..Q2 expectations is 14 cents...should be able to guide higher than that....Good ER will boost all solar stocks......Solar is very much in vogue these days!!!

BLOG does NOT give buy or sell.

Saleem

Markets are down sharply on PPI data .....

Markets are down sharply on PPI data showing inflation on the rise.....

Inflation rising is NOT a news.....inflation is being felt by every consumer all over the world.

Inflation is there because of SLUMPING US $......

Inflation is there because all commodities have taken off ...thanks to US$ SLUMP...so a double whammy for consumers worldwide as everything is priced in SLUMPING US$...

Is that a news to the markets...Absolutely NOT.......

So...why is market taking a HIT today......because it was OVERBOUGHT !!!!

I am saying WAS overbought...because after today's SLUMP...we are back to EVEN...neither overbought or oversold.....

So what does toady's selloff CREATES.......a BUYING opportunity......!!!!

Instead of reacting negatively to a down day ...be ready with your buy list and execute !!!!

In my portfolio :

NTES down 31 cents

RIMM down 60 cents

SOL down 84 cents

V down 7 cents

@ 11.33 AM the following are green :

CSIQ,AAPL,POT,LDK,CTRP,AUY,ABX,FSLR,GOOG,
NCTY,GRMN......

BLOG does NOT give buy or sell.

Saleem

Monday, May 19, 2008

Dow & S&P 500 closed Green.......

Markets were rolling along nicely.....until SNDK CEO came up with a new excuse of bringing the expectations down......

SNDK CEO said due to higher gas prices.....his FLASH memory sales will be affected...the rest is history today.....

NASDAQ tanked on that news and closed down almost 13.....

In my portfolio :

SOLD SOL and booked a profit of $3.12 per share....

SOLD TOL and booked a profit of 58 cents per share....

Bought 40% more NTES...my cost went down to $23.81

Bought SOL cost $27.52....

My portfolio is NTES,RIMM,SOL,V.....

NTES rating 45/75 target $26.24

RIMM rating 5/30 rated for a BREAKOUT @ $143.60 for a target of $157.30

SOL..No TA...went to another all-time HIGH.....on 8.7 million shares

V..No TA...closed Green while MA was down $3.40 ..good contrary indicator !!!!

Folowing stocks were strong LDK,SOLF,BIDU,CMED,ABX,ACH......

AH NCTY came up with a BEAT on both top & bottom line...UP almost $3.....

BLOG does NOT give buy or sell.

Saleem

LEI predicting stable to improving trend for economy!!!

LEI came in as expected UP .1% & no revision to last month UP .1% either...a very good sign for economy.....

So LEI is saying NO FREEFALL into recession @ all......

Markets are responding to positive economic news by going UP !!!!

In my portfolio :

Added 20% SOL ..my cost went UP to $25.57

NTES down 86 cents on upcoming earnings report on AH wed..jitters or MM manipulation...

RIMM UP $1.84

SOL UP $2.85 to all-time HIGH

TOL down 13 cents

V UP $1.81

@11.18 AM the following are green :

CSIQ,TSL,SOLF,JASO,QLD,LDK,ICE,CCJ,JRCC,WYNN,
BIDU,NYX,VLO,SPWR,ISRG,AMZN,IFN,DRYS,GOOG,
GS,CMED,STP,VMW,X,ACH.....

BLOG does NOT give buy or sell.

Saleem

Sunday, May 18, 2008

How HIGH is HIGH for solar stocks $$$

Solar stocks are on fire........

Is solar stocks in BUBBLE........

In my opinion NOT YET......

So.....the logical question is how we value each solar stocks.....

I will try to come up with reasonable expectations of each solar stock....

Which metrics I am going to use.......the most reliable of all......popularly known as EARNINGS...

In the end earnings matter......

What I have observed that when any sector is HOT HOT HOT.....then 30X earnings in tech sectors is achieved easily......

I believe Solar is a tech category........

30X earnings is a fairly reasonable/CONSERVATIVE price target for each solar......

Those solar stocks which have NO earnings currently...will be anomaly in my scenario...as they are ALREADY trading @ sky high prices.......and may go HIGHER !!!!

SEE...on wall street..it IS HERD MENTALITY.......everybody piles on one hot sector till it is UP 400% in a year......

Are we going to see the same scenario in solar stocks......I believe so.....

WHY.....

Because we are entering a bull phase in the markets also.....so Solar IS the new & WONDERFUL idea...based on global warming issues which even GWB has accepted NOW.......

By the way all those HOT HOT HOT sectors will give way to Solar NOW......

SO...fasten your seat belts and be ready for some crazy TAPE in Solar.........

So HOW HIGH we go in each solar.......

Here is my breakdown for some stocks where earnings DO EXIST......

LDK $1.67 in 08 x30=$50.10..$3.78 in 09 x 30=$113.40
currently trades @ $37.22 08 PE=22.29

SOLF .74 cents in 08 x30=$22.20...$1.25 in 09 x30=$37.50
currently trades @$22.84 08 PE=30.86

TSL $3.11 in 08 x30=$93.30...$4.17 in 09 x30=$125.10
currently trades @ $49.53 08 PE=15.03

SOL $1.28 in 08 x30=$38.40...$1.97 in 09 x30=$59.10
currently trades @ $26.04 08 PE=20.34

CSIQ $1.52 in 08 x30=$45.60...$2.79 in 09 x30=$83.70
currently trades @ $44.90 08 PE=29.54

Now the question is can solar stocks go to 40X PE........yes they CAN......

Why do I do these comparative analysis.......to have a RIMM by RIMM comparison...then only you can see the quality of your own decision making...in BUYING or SELLING......

Most solar stocks are OVERBOUGHT on historical RSI numbers......but they CAN stay overbought & even go HIGHER in a bull market...where we are RIGHT NOW.......

So my conclusion SOLAR IS HOT HOT HOT !!!!!!

SO...GO AHEAD & MAKE YOUR SOLAR DAY !!!!

Here is my $ weighting as of Fridays close:

NTES 16.6%

SOL 5.0%

RIMM 37.3%

TOL 12.3%

V 28.8%

As you can see .....I am clearly underweight in Solar...which will be corrected ASAP !!!

Please do your own due diligence and ensure your own comfort level......

Always stay DIVERSIFIED in many sectors.

BLOG does NOT give buy or sell.

Saleem

Saturday, May 17, 2008

BUY rated stocks for "Higher highs in markets "

Following stocks are flashing buy signal.Please do your own due diligence by checking FA/TA.Always use stop.

ALDN,ANAD,BLDP,BRCM,CCJ,CHNR,CNTF,EGO,FNSR,HLIT,ISRG,JRJC,
LCRD,LIHR,LOGI,LVLT,MCHP,SEED,TITN,TLAB,ZOLL,ZOLT,
AKS,AUY,BG,BHI,CM,CR,DVN,DYN,ELP,EOG,GG,GLW,GRO,
HMC,IAG,MRO,PHM,SY,VOD.

Next post 10AM Sunday.

BLOG does NOT give buy or sell.

Saleem

Technically STRONG stocks for "Higher highs in markets "

Following stocks are showing strength based on various technical formations.Please do your own due diligence by checking FA/TA.Always use stop.

MBT,MDR,APH,BVN,ACGY,AVY,PHG,NWS,CYPB,PPG,NOEC,
CHRD,COO,COWN,SUF,ITC,DNN,BW,PSO,HOKU,CWTR,FORM,
SGR,SXE,NEM,ANF,TGT,PETM,SPTN,AATI,LXK,TPX,HOG,WYN.

BLOG does NOT give buy or sell.

Saleem

Technically WEAK stocks for "Higher highs in markets "

Following stocks are weak based on various technical formations.Please do your own due diligence by checking FA/TA.Always use stop.

MDTL,NDN,AEO,NYT,HLS,YTEC,TINY,CS,CUK, USS,
CME,HUM,OMG,AAUK,AIRM.

BLOG does NOT give buy or sell.

Saleem

Friday, May 16, 2008

S&P 500 closed near HIGH @ 1425.35 !!!

S&P 500 closed green near High of the day......

Oil,metals,mining,coal,Gold led the green parade....

Some Solar stocks blew past resistance on heavy volume...

In my portfolio :

NTES rating 0/30 rated for a BREAKOUT @ $25.36 for a target of $27.36
NTES was repeated as positive by Susquehana financial analyst today....
NTES went to all-time HIGH today @ $25.52....on heavy volume of 2.5 million++!!!!

RIMM rating 5/30 rated for a BREAKOUT @ $143.89 for a target of $158.60...

SOL No TA.....lost only 17 cents after a HUGE run up yesterday....looks very good !!!

TOL rating 60/45 rated for a BREAKOUT @ $25.18 for a target of $27.60....

V No TA.....Looks ready for a move UP...Closed green while MA was down $3.37...very good sign !!!

Strong stocks were SOLF,CSIQ,TSL,CSUN,LDK,FSLR,JASO,FMCN,
CMED,ISRG,GRMN,BRCM,ABX,X,SEED......

By 10AM on Saturday...I will post list of technically weak/strong & buy rated stocks !!!

BLOG does NOT give buy or sell.

Saleem

Goldman wants $141 Oil..tanking stock market...

Stock market is taking on the chin...after Goldman decided $141 is where Oil should be...

Oil is UP

Gold is UP

US$ is DOWN

Get the picture !!!!

In my portfolio :

Bought SOL my cost $25.28

My portfolio NTES,RIMM,SOL,TOL,V.....

NTES UP 46 cents new all time high today !!!

RIMM UP 5 cents..trying to buck the downdraft !!!

SOL down 47 cents ...but I am UP 46 cents

TOL down 38 cents

V down 51 cents...still in support zone...

@ 11.31 AM following are green :

JASO,CSIQ,SOLF,POT,CCJ,JRCC,NMX,ABX,
FSLR,ISRG,DRYS,FMCN,CMED,X.....

BLOG does NOT give by or sell.

Saleem

Thursday, May 15, 2008

Markets closed above resistance......

Markets closed above resistance & closed near high of the day.....

NASDAQ closed UP 1.48%....the biggest gainer.....

In my portfolio :

NTES rating 0/30 rated for a BREAKOUT @ $24.86 for a target of $26.95

RIMM rating 30/30 rated for a BREAKOUT @ $143.85 for a target of $158.50

TOL rating 55/45 rated for a BREAKOUT @ $25.18 for a target of $27.58

V....No TA too new.....Forming base in $82 area

Strong stocks were SOL,AAPL,QLD,LULU,FMCN,ISRG,BIDU,
TSL,GOOG,IFN,NVDA,NYX,SNDK,MRVL,NCTY,GRMN,LVS,
AKAM,HPQ,GLW,WFR,VMW,SINA,SOHU,X,ABX,SOLF,HPQ...

BLOG does NOT give buy or sell.

Saleem

Markets trying to go GREEN !!!!

Markets are trying to go green....

NASDAQ & S&P 500 already in green.....

In my portfolio :

SOLD SOL & booked a profit of $5.59 per share....

Bought 80% more RIMM..my cost went UP to $133.64

Bought 70% more NTES..my cost went UP to $23.98

Bought 12% more V...my cost went down to $86.83

My portfolio is NTES,RIMM,TOL,V.......

NTES UP 21 cents

RIMM UP 1 cents

TOL UP 67 cents

V down 28 cents

@ 11.36 AM the following are green :

SOL,AAPL,SNDK,WFR,QLD,VMW,POT,CCJ,JRCC,WYNN,
MA,BIDU,LVS,SOHU,ABX,ISRG,DRYS,FWLT,GOOG,IFN,
NVDA,FMCN,LULU,GRMN,SINA,X.....

BLOG does NOT give buy or sell,

Saleem

Wednesday, May 14, 2008

Rally cut short after S&P500 reaches 1420......

Markets were chugging along nicely ....until

S&P500 touches 1420 resistance and backs off in a hurry......

All strong stocks pulled back ...some into deep RED......

In my portfolio :

NTES rating 25/30 rated for BREAKOUT @ $24.83 for a target of $26.78...

RIMM rating 0/30 rated for a BREAKOUT @ $143.60 for a target of $157.10

SOL No TA.....

TOL rating 90/80 target $27.08

V No TA....

STRONG stocks were YGE (reports before OPEN),CSIQ,TSL,FSLR,
STP,LULU,NCTY,NMX,GRMN,LVS,SPWR,WFR,SINA,ACH,NVLS,
SOLF.....

AH SINA had great ER...UP $6

AH CTRP had lousy ER DOWN $5

BLOG does NOT give buy or sell.

Saleem

Markets strong & Solar Stronger !!!

Markets are strong as all indices are in green...

Solar is strong across the board......

SOL & other solar are reporting very strong ER.....

SOL did beat & guiding HIGHER for Q2 & 08 AGAIN !!!!

In my portfolio :

I added 35% more V..my cost went down to $87.39

NTES UP 60 cents...@ new all-time HIGH....

RIMM UP $2.34 ..@ new all-time HIGH...

SOL UP $2.14..@ new all-time HIGH..

TOL UP 70 cents....looking ahead to better housing picture in Q4...

V UP $1.50.....ready to move UP !!!!

@11.25 AM the following are green :

CSIQ,STP,FSLR,SPWR,TSL,JASO,SNDK,WFR,POT,LDK,WYNN,
LVS,MA,BIDU,NYX,NMX,SNE,DRYS,GOOG,NCTY,SNDA,HPQ,
X,ACH,AKAM,CIEN,NVLS....

BLOG does NOT give buy or sell.

Saleem

SOL BEATS on TOP & Bottom line...Raise guidance AGAIN for 2008 $$$

SOL beat both Sales & EPS by a wide margin......

Q1 Sales consensus $105.87 Million

Q1 Sales Actual $123.0 Million

BEAT by $17.13 Million

Q1 EPS consensus 23 cents

Q1 actual 28 cents

BEAT by 5 cents

Guiding Q2 Sales way higher than Q1...sequential gain.....

Margins improvement in Q1 to 22.1% from 20.4% in Q4..a HUGE sequential margin improvement Q/Q....

Margins to be same for the full year.......

All in all a great ER & HIGHER guidance for Q2 & Full 2008.

BLOG does NOT give buy or sell.

Saleem