NASDAQ is showing tremendous strength today..beating all indices by a wide margin....
Oil is down
Gold is down
Natural gas is down
All good for the consumer & economy.......
In my portfolio :
EGO down 19 cents..reports AH....cc 11.30 Friday....expectations profit of 5 cents....one of the unsung hero of gold mining...low cost producer & gets no respect.....
RIMM UP $4.23 after sharp selling yesterday.....on short attack !!!!
TSO down 29 cents...hedgies/MM are playing with this stock to take all the stops out or STEAL cheap shares from nervous traders....they will take this UP once their short attack ends....UP move will be TWICE as sharp.....
TOL UP $1.09......
The above highlights the WISDOM of always being diversified in minimum 4 stocks....I practice all the time.....do not know any other way to protect my $$$ from targeted short attack by hedgies...who CAN take any stocks down to any level.......
@11.22 the following are green :
AAPL,NTES,V(new HIGH),MA,BRCM,JNPR,SNDK,C,QLD,VMW,
CTRN,ICE,CTRP(new high),BIDU,SOHU,NYX,NMX,ISRG,SNE,AMZN,
GOOG,DUG,GS,FMCN,LRCX,GRMN,WFR,NVDA.
BLOG does NOT give buy or sell.
Saleem
10 comments:
SALEEM
Nice market wrap
My NTES is behaving nicely - now for a run up huge Te He smile
Have a fantastic day
M
Saleem,
You are right again on TSO. It is up and running away...
I asked you that question this morning since I read on the MB, they advised to sell if it drop below 24.5. I am glad I did not.
Thanks for your advice.
Michael
Hi Michael,
I am happy that you did not sell near low.....
MB is full of agendas...so read everything ...but....follow your own conclusions.
Saleem
VISA Target raised by UBS:
Visa V UBS Buy $88 » $100
Hi Troy,
V MAY have already reached its HOD.
Saleem
SALEEM
EGO news:
Eldorado Gold 1Q Net Up On Higher Prices, Lower Costs >EGO
4 minutes ago - Dow Jones News
Related Companies
Symbol Last %Chg
EGO 6.77 0.15%
As of 4:00 PM ET 5/1/08
DOW JONES NEWSWIRES
Despite lower gold production in the first quarter, Vancouver gold company Eldorado Gold Corp. (EGO) recorded higher earnings and revenue on higher gold prices, lower costs and strong production and sales.
Eldorado earned $20.7 million or 6 cents a share in the quarter, up from $12.6 million or 4 cents a year earlier and in line with the Thomson First Call mean earnings estimate of 6 cents a share.
Gold sales rose to $68.7 million on production of 67,234 ounces of gold from $41.5 million on output of 88,780 ounces.
-Tara Zachariah; 416-306-2100; AskNewswires@dowjones.com
Hi Madmax,
Thanks for your EGO report....
CC is @ 11.30 AM Friday.
Saleem
Hi Saleem,
Do have any thoughts regarding SPWR and how their ER will be? I would also like to know what you think about SPWR in general. Thanks for your take.
Hi Doug,
Nice to see your note.
SPWR has already reported.
All solar stocks are under presurre as long as Oil is going down......
Once oil is stable ...then one can look @ solar stocks again.
Most other solar are reporting from May 12.....
Saleem
THanks for straightening me out about ER. I thought for some reason that it was 5/8. I am looking for something beaten down to buy and let sit for a little while. Thats why I was wondering about SPWR as it was knocked down big and I thought it may have just been in sympathy with the FSLR downgrade today. Thanks Saleem.
Post a Comment