NASDAQ was the strongest sector @ close......
Oil tanked to lowest level.....
Gold slumped near support area......
US$ showing real strength.....
Financials still strong...
Airlines "lovin IT"
So ...the investment thesis is changing !!!!
In my portfolio :
Bought AGU cost $92.....POT reports before open...it will be a blowout report & strong guidance which should boost AGU & AG sector.....
AGU rating 60/90 target $110.70
SOL rating 45/55 target $18.05
AH BIDU,AMZN had blowout ER UP,UP & UP $8 to $32
WFR is the-disaster Down $12 on miss & weak Semi sector.....
QCOM is in the process of settling with NOK UP $5.......
Thursday is shaping UP to be a good day for techs.....
Superstar today was ISRG UP $50.90 on blowout ER......
BLOG does NOT give buy or sell.
Saleem
15 comments:
Hi Saleem. I have been sitting on mostly cash for months. I too bought into the ag play recently. I have made good profits on POT and MOS multiple times (but would have done better if I just bought and held). I now have recently bought POT, IPI and SQM. I too am expecting blow-out numbers and a pop in all these names. POT workers today announced they may go on strike. This will further increase pricing power for potash, which AGU is a big player. Good luck to both of us. Also, nice call on apple. Impressive reversal yesterday nad follow through today. Peace to you.
Hi Minaccess,
So nice to hear from you.
POT CEO & AGU CEO both are "super-confident" about the future of their business.....
They are almost saying that they cannot meet the demand and cannot increase supply...so price will keep going UP......
Strike @ POT will jump the price of potash overnight.....
Looks good for pre-market tape...also market TONE is better NOW $$$$
Saleem
Good morning Saleem. POT beat and raised guidance. Quite impressive earninfs release. Said they are sold out of potash as welll. Should be a good day for ags. But who knows?
Hi Minaccess,
POT ER is a major blowout report with a HUGE guide UP.
POT UP $9
AGU UP $3
MON UP $1
@ 7.49 in pre-market.....I expect that these UP move will double by close.....
As Nat Gas has come down their profitability improves FURTHER as they use a whole lot $$$$
Look for 2 two days of huge move UP in AG imho...
Saleem
SALEEM
Yu timing is impectable on the AG plays
I am hoping to see MON recover form the high that I bought at
This is the penalty of buy and hold takes forever to recover.
CNBC is NOW saying market will go up 1,000 point by year end.--Good!
Let have more Green--I am also looking for AAPL to continue to climb up--RIMM has been going up too
Cheers to all & peace
Hi Madmax,
Market reaction is MUTED to POT ER so far????
POT UP $5.50
AGU UP $1.50
MON UP 25 cents
All @ bid prices @ 8.21AM
Saleem
SALEEM
So we lost some steam--we will get it back the big German AG company reported huge gain this quater more puch to the market.
I think AG is back--I am looking at my Monsanto to go higher
Visa may pop today too
Hi salim
what do you think about IPI ?
thanxs
Hi Saleem -
Great call on AGU...should do well. See this link confirming your comments:
http://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/07/24/potash-corp-safe-bet-despite-strike-threat-but-hedges-available-in-names-like-agrium.aspx
AD
Hi Ds,
IPI is @ attractive price..current price of $55 area is a far cry from $76 its high.
Saleem
Hi Ad,
Thanks for your link....
AGU is severely undervalued...hopefully POT ER will give AGU a BOOST today !!!
Saleem
Hi Saleem. Can't believe POT is red now. Hope she turns around.
WOW look and MON and AGU fly
Houston we have lift off
Hurray AAPL is suffering today, ugh
Hmmmm... Scotia Capital downgraded POT and AGU to Sector perfrom FROM outperform.
Hi Minaccess,
POT & AG will close near HOD....
Scotia is playing games with their downgrade of POT.....they must be short.....
AG business is like monopoly...so why downgrade !!!!
Saleem
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