Thursday, July 3, 2008

Dow & S&P 500 Green...Nasdaq Red......

Markets gave a mixed close with declining stocks leading advancing stocks......

Oil remained a huge negative for economy & markets.......unless Oil cracks markets will remain in doldrums.....

Oil closed @ record HIGH after touching $146......MS target was $150 by July 4th.....As world stock markets are open on Friday.....we MAY see another SPIKE in Oil either in Asia or London.

In my portfolio :

AAPL rating 75/80 target $182.15.....

SOL rating 80/95 rated for a "breakout" @ $13.26 for a target of $16.52.....

All solar stocks tried to go green but Oil forced markets to close weaker than earlier highs.....JASO,STP,TSL,FSLR,SPWR,ESLR closed green...a nice start !!!!!

Next Post by 10AM Saturday when I will list technically weak/strong & buy rated stocks..

Hope you have a nice time with family & friends during independence day long weekend !!!!

BLOG does NOT give buy or sell.

Saleem

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