Wednesday, June 4, 2008

Nasdaq stayed in GREEN whole day !!!

Techs were strong whole day & finished in GREEN !!!!

S&P 500 stayed above support......

Oil took a major tumble to $122 area....$120 is MAJOR support area.....

US$ getting stronger by the minute.....

Solar stocks were beaten down on TWO analyst negative notes...One highlighting the virtue of thin-film and other highlighting Spain potential reduction in subsidy like Germany....Ironically thin-film FSLR was down $14.44 or 5.64% among the worst....

Solar stocks were also down with Oil as a factor.......

In my portfolio :

Added 25% SOL ....my cost went down to $26.31

AAPL rating 60/85 target $203.50

RIMM rating 65/85 target $149.11

SOL No TA.....SOL retested the low of Monday which was $22.90 today's low $22.95....

Strong stocks were BIDU,ISRG,GS,GOOG,BRCM,QLD,GRMN,VMW,SOHU...

BLOG does NOT give buy or sell.

Saleem

2 comments:

madmax said...

Morning Saleem

Looking green here



SOL is up .60 cents Lets go SOL

Do you think the jobs report will hurt the market??
Have a good day!

M

Stocks100 said...

Hi Madmax,

If you read my pre-market post....I am "hinting" that jobs report should be good based on ADP data yesterday !!!

Saleem