Oil @ record HIGH & markets turned around & closed green......
Why such a happy green close.......
Markets may be saying that Oil is near Top of its range for NOW.....inspite of GS $200 Oil prediction today.......
In my portfolio :
Sold EGO for a profit of 7 cents per share.....reason gold was stalling EGO was stalling & wanted to overweight SOL.......
Bought SOL twice total add-on 744% today......cost move UP to $17.80....
My portfolio is PMCS,RIMM,SOL,TSO,TOL........
PMCS rating 35/30 rated for a BREAKOUT @ $8.11 for a target of $8.71
RIMM rating 50/30 rated for a BREAKOUT @ $135.40 for a target of $150.30
SOL No TA too new.....only 60 cents from all time HIGH.....looks ready for a major BREAKOUT !!
TSO rating 35/100 target $31.65...reported AH higher than expected loss 60 cents vs 49 cents consensus.....but is making tremendous progress in increasing efficiencies & cutting cost.....expecting good cc @ 830AM wed..when VLO reported it was down $2 AH....TSO is barely down 35 cents from close and still higher than low of the day and also higher than 52 week low...all good indications for wed trading.....TSO is all set to show major turnaround in its stock price and IS a great HOLD.
TOL rating 65/30 rated for a BREAKOUT @ $25.17 for a target of $27.52
In other stocks :
TSL rating 30/55 target $43.78
CSIQ rating 10/30 confirmed BREAKOUT @ $29.58...target $34.74
MA rating 50/30 BREAKOUT @ $302 for a target of $343.20
Strong stocks were CSIQ,FSLR,SPWR,STP.JASO,LDK,SOLF,AAPL,
VISA,MA,QLD,FMCN,AKAM,SOHU,GRMN,LVS,NYX,NDAQ,ICE,
X,ACH,POT,AGU,.....
AH disaster of the day is SNCR...down 40%+++
BLOG does NOT give buy or sell.
Saleem
9 comments:
Saleem,
GS seems to be signaling something with the $200 oil statement. Why now? Are they trying to slam on the brakes on this rally? A few carefully placed statements at the right time? GS has been very quiet from the beginning of this rally, now a negative note. The Semi's and financials have been slowly creeping up without much fanfare from the media. With people staying home more due to high gas prices, the computer gaming sector, telecoms, should do well.
Hi Standards,
Good observation about semi & gaming sector.
GS is pretty sharp...so we just have to wait & see.
Saleem
SALEEM
My brother is doinf really well in the oil patch. He says it is far from over.
I like NYX here and I got some last night, in the after hours market.
Have great day it is 80% here in sunny DC.
Peace
M
Hi Madmax,
Oil price is a reflection of worldwide demand & slumping US$.
Good luck with NYX.
It is cloudy in toronto area & cool.
Saleem
TSO looking good, hopefully it goes to 30 soon....
NYX looks good too, but no cash, lol
TROY
If we get to $30 on TSo --I am buying
Smile
Hurray for TSO -breakout here we come
NYX is on fire as is V.
Good luck all
M
Hi Troy,& Madmax,
Yes....TSO is looking good...
NYX,V are strong....
Saleem
Bought some more V near LOD, I am on V fix, cant resist buying more...
Someone mentioned this, if the stock hits 80, it usually goes to 120 very soon....I am just hoping for that.... LOL
Hi Troy,
V is looking stronger than MA....
Good luck on your new V intoxication.
Saleem
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