S&P 500 went near SUPPORT to 1377.79 & rallied UP to 1385.67.......This market has lot of buyers who step in whenever it comes close to SUPPORT...thus ensuring a better close!!!!
Tuesday could be "turnaround day".......
In my portfolio :
AAPL rating 30/85 target $203.42
RIMM rating 1585 target $149.30
SOL No TA......SOL tape was very impressive today as its volume was barely higher than yesterday...so NO selling/volume on secondary offering...Closed HIGHER than OPEN price...very strong technical indicator.....MS downgraded SOL to underweight(SELL)..still NO volume & closing better than AH yesterday.....a sure sign of better TAPE to come......
AH LULU BEAT big time on Sales....BUT EPS was in-line...also guiding 2 cents LOWER EPS for Q2.....Down almost $4 AH.... down 11.2%.....
SEED also shedding 12% or 82 cents AH on another losing Q...BUT promising EPS gain for FY 9/08......
Strong stocks were CSIQ,MA,TSO,VLO,GRMN......
BLOG does NOT give buy or sell.
Saleem
2 comments:
SALEEM
I was very impresssed woth SOL behavior---Lets hope for upward action as$23.59 should be hte new floor.
AAPL was real week today so I got me some QLD 100 shares at $87. thinking $90 to $95 by end of month.
Now have AAPL RRC, SOL GS and CHL , OII which is a oil rig provided and it has been real week for a month now.
Good luck to all
Saleem I hope your mon continues to recover!!!!!!!!!!!!!! Hurray
M
Hi Madmax,
Thanks for thinking about recovery of my mother....she was able to walk with the help of walker in the hallway....she sounded better also.
SOL is ready to FLY......
Your portfolio has very good names AAPL,SOL & QLD...others I do not follow....
Saleem
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