Monday, May 12, 2008

Markets closed strong...Bull ready to ROAR !!!!

Markets started moving UP strongly today......

Nice start to 2nd week of May......

This Bull is well rested....may start the charge UP.....

In my portfolio :

NTES rating 35/30 BREAKOUT confirmed @ $23.98...target is $25.89 or HIGHER $$$

RIMM rating 25/30 Closed @ all-time HIGH UP $9.20 closed @ $141.97... target $150 or HIGHER $$$$$

SOL No TA...too new....pulled back from all time high along with JASO....

TOL rating 70/80 target $27.22 .....reports before OPEN loss of 15 cents on Sales of $752.62 million......looks like Home builders have discounted losing Q......

V No TA.. too new...completed its 3 day sharp pullback from $89.84..found STRONG support @ $78.10...RSI is 64.99 lowest since IPO... from a high of almost 89 RSI on May 1st......in BUY zone $$$$

Strong stocks were BIDU,MA,AAPL,GOOG,DRYS,GS,ISRG,TSL,CSIQ,
LULU,QLD,TSO,VLO,ICE,WFR,SPWR,SOHU,SINA,FFIV.......

LDK ER AH was a beat on top & bottom line....BUT margins are declining...guiding lower margin for Q2.....Q4 looks very promising..Bid $35.63 after CC......

BLOG does NOT give buy or sell.

Saleem

2 comments:

madmax said...

SALEEM:
ery nice positive opinion on hte market--thanks

As for TOL do ya think it will go down.

Looking at buying more Visa or OII. Dunno, looks like today may be a down day.

Good Luck my friend
It is Beautiful and sunny (cool) in DC

Stocks100 said...

Hi Madmax,

TOL ER has some positive ..like lower cancellation rate...

TOL is beaten down...so good chance it will move UP by close...

Think GREEN $$$

Saleem