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
6 comments:
Hi salim,
I sold YGE ,SOLF, SOL C, BBI, RCH...Do not want to caught in down ward draft in solor stock.if YGE declare good earning like to buy back. What do you think DSX,RCH,?V still does not looks good. C looking good and strong.I think it is ready for up trend. Tomorrow i like to buy C,V, DSX, RCH.solf ??????not a good idea to keep long postion more then one day.SOLF result will not be good.Just my 2 cent. thanxs for your hard work.
Hi Ds,
Booking profit is a good idea.
Markets mood has changed....it wants to go higher...
C,V is a very good long term bet.
Do not have a feel for dry bulk shipping stocks as I do not follow it.
RCH i do not follow...
SOLF is among the weaker solar stock....
I worry a whole lot about stocks...not market...it will do whatever it will do...nobody knows..@ least I do not know about markets mood....
I am an optimist about markets...always !!!
Saleem
SALEEM
Good Day my friend
I now have 200 shares of Visa and I did not buy any Solar
Is it to late to get on BOARD?????
I lie most of the solars, J the Cramer only like FSLR!! In last nights show at least --he cahnges like hte direction of the wind.
I like SOL but not for LT hold.
I always appreciate your take on stocks
Have a good one!!!!!! Make Money
It is very warm and Sunny in DC today.
Hi Madmax,
V should be fine...i MAY hold for the long term now...
Listening to Cramer for stock picking is a route to disaster....
Many solar stocks have made serious money for many traders including me......so cannot be ignored....
Opinions do not make money but conviction does......
If you have no conviction for Solar then go for stocks where conviction exist.
There are @ least 12 solar stocks which all have nearly doubled lately...much more than FSLR which has been laggard lately.
Saleem
thanks Saleem
Always appreciate your take on stocks.
Is SOL over extended right now?
Thanks
Hi Madmax,
SOL is not overextended ...if you want to keep it till end of the year...
PJ analyst has $40 target as of yesterday.....He is same Jesse Pichel who has a sell on LDK...
Saleem
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