Markets are showing sign of life after testing support in S&P 500...
All the economic reports showing sign of life in economy & wage inflation moderating !!!
OIL is down
US$ is UP......Ben magic is working 3 days in a row !!!
Techs are the strongest sector so far......
Solar is trying to stay NEAR unchanged levels.....mostly RED !!!!
In my portfolio :
AAPL UP 98 cents
SOL down 40 cents
RIMM UP $2.45
@ 11.44 AM the following are green :
TSL(reports friday before open),BRCM,JNPR,VMW,CTRN,
YHOO (renewed talks with MSFT),IGT,WYNN,BIDU,WYN,
LVS,SOHU,ISRG,SNE,AMZN,DRYS,GOOG,GRMN,AKAM,SINA,
X,NVTL.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Very good analysis
thanks
RIMM is up and AAPL is down
Sold my QLD for a nice profit at $90 a share. Hurray
hi saleem
nyx is in downward trend. i had done couple of trades with my position. made some money. but i am still losing money.
i hope you heard about the news in spain and germany regarding solar. what do you think? fslr , yge and stp will be affected very bad.(according to the news)
steve
SOLAr seeems to be tagged to price of oil--which is down
Solar IMHO will do very well who will be the big winner I do not know
As for Germany there subsidies are priced in the share price of stocks
THe market is in a down trend, Even Visa took it on the chin
DRYS was up nicely today!
Good luck Steve
Hi Madmax,
Thanks for your appreciative note.
QLD ....taking profit never hurts..nice 24 hr trade $$$
Saleem
Hi Steve,
NYX...they took all stop below $60.....Sometimes they take under round number like $60 then turn it UP......it IS DEEPLY oversold....
Solar selloff... I added 25% more SOL...which is behaving OK considering secondary & rebate issues in Germany.....when analyst say negative things and drive all solar down...i get MORE aggressive based on my OWN DD.....
Saleem
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