Monday, May 5, 2008

Market closed 1/2% down......

Markets stayed down in a very narrow range.....

YHOO failed to agree to MSFT takeover caused the negative sentiment in techs.....

Oil ran UP new all time high.....

Gold was UP strongly after finding support in $850 area.....

In my portfolio :

EGO rating 45/45 target $7.61

PMCS rating 25/30 rated for a BREAKOUT @ $8.11 for a target of $8.72

RIMM rating 55/30 rated for a BREAKOUT @ $135.21 for a target of $150.00

SOL NO TA too new

TSO rating 45/100 target $30.07 Reporting AH Tuesday... CC wed 8.30AM....est loss of 49 cents on sales of $4.88 Billion.....market sentiment is very poor for refiners....I am hoping that this Q ER will be the low point in earnings slump...expecting improvement in crack spread from April on as stated by VLO in its ER......

TOL rating 45/30 rated for a BREAKOUT @ $25.04 for a target of $27.37

In other stocks :

BRCD rating 75/70 target $8.12

CSIQ rating 10/50 target $30.21

Strong stocks were IPI,POT,X,GOOG,BIDU,AAPL,LULU,MA,V,
FMCN,ISRG,NCTY,ICE,LDK,ABX,DRYS.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

madmax said...

SALEEM
Down market so far

Belive we could close green

I hope that you have a great day
Looking for good number from TSO--I hope!
The AG's look strong again

I am going to add AAPL if it goes down at all
M

Stocks100 said...

Hi Madmax,

Financials are under pressure thanks to Fanny Mae....

We should fight back to better close.

Good luck with your buy today.

Saleem

Michael said...

Saleem,

What is your target selling on SOL? It is up more than 10% since you added to your porfolio. Thanks.

Michael

Stocks100 said...

Hi Michael,

I added 120% more SOL @ open.

Thinking of adding more SOL even today.....looks very good on tape..

Saleem