Tuesday, August 12, 2008

1.2% giveback after huge RUNUP.....

Oil resting comfortably in $113 area......

Gold staying above $800+.....

Commodities are gearing up for another run.......

Ag were strong.....

Steel stocks came back...

Nat gas stocks were UP selectively......

In my portfolio :

SOL rating 45/55 target $19.35......CSIQ reports before Open....expecting better guidance for 08 !!!

KGC rating 95/95 target $18.47....ER will come late tonight.....

AH NVDA reported loss but it is UP $1 on additional buyback worth $1 Billion......giving cautious & downbeat guidance.....

Solar stocks went into overdrive after LDK ER.....

AAPL,BIDU,POT,AGU,MON were big movers !!!!

BLOG does NOT give buy or sell.

Saleem

5 comments:

  1. Hello all

    CMED took it on the chin

    Is it a buy here or headed lower???

    Thanks my friend
    Take care and let hope that SOL continues to deliver

    ReplyDelete
  2. Hi C,

    CMED short term has uncertainty....

    Once CMED announces the acquisition...then either it can be averaged down or a new position should be initiated.....

    SOL looking good !!!

    Saleem

    ReplyDelete
  3. Hi C,

    Wait on CMED, you may get a better opportunity to buy.

    Best Regards

    ReplyDelete
  4. What would be the good buy point for CMED, I am again looking to add for long term, how about 40?

    ReplyDelete
  5. Hi All,

    IBD says buy point of CMED is $46. This stock does not seem to follow any logical pattern, except that it is not for the weak hearted. I'm holding for the long term. I will add more anywhere near $40.

    Best Regards

    ReplyDelete