Monday, May 19, 2008

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
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8 comments:

  1. madmaxMay 19, 2008 at 8:45 AM

    SALEEM

    Hurray for your sock picks

    Amazing buys!
    SOLAR is FUGEO!!!!!!!!!!!! Visa is coming back

    Now for my NYX to get back to $73 I wnat out of it! Such a disapointment

    I got some more NTES toay!!
    M

    ReplyDelete
  2. standardshighMay 19, 2008 at 8:46 AM

    Saleem,

    CMED moving past 200sma. Moving up into earnings coming soon. Your SOL pick looks great!

    Best Regards

    ReplyDelete
  3. Stocks100May 19, 2008 at 9:21 AM

    Hi Madmax,

    Yes....things are looking UP !!!

    NTES will do well AH wed....rest is all game playing!!!

    Good you added more NTES...i am maxed out on NTES.....

    Saleem

    ReplyDelete
  4. Stocks100May 19, 2008 at 9:22 AM

    Hi Standards,

    CMED has build a very nice base...it will move UP to challenge old highs by ER !!!

    Saleem

    ReplyDelete
  5. madmaxMay 19, 2008 at 10:30 AM

    SALEEM

    SOL is the mother of all Solar plays

    It is rocking today!!

    ReplyDelete
  6. Stocks100May 19, 2008 at 10:41 AM

    Hi Madmax,

    Yes...SOL IS looking good !!!

    NTES is backtracking with all gaming sector...as PWRD guided LOWER this AM...

    Saleem

    ReplyDelete
  7. A DMay 19, 2008 at 12:17 PM

    Hi Saleem -

    As usual, thanks for providing your perspective. As you noted, looks like NTES is pulling back based on pwrd guidance. However, there's probably some uncertainty with NTES as to whether or not it would be significantly affected by the 3 days of mourning which is why its taking a heavy hit (unlike SOHU). Would you expect to see the pre-earnings run-up pick up again tomorrow, or do you think the stock might linger until actual news comes out?

    Thx.

    ReplyDelete
  8. Stocks100May 19, 2008 at 12:23 PM

    Hi A,

    Whenever any stock falls off on competitive ER...plus a known 3 day mourning is already discounted...

    I personally feel that tuesday we should see a recovery and RUNUP on wed before ER....

    I added 40% NTES on this selloff !!!

    Saleem

    ReplyDelete