Tuesday, August 26, 2008

DOW & SP 500 green...Nasdaq Down 3.62 !!!

Markets fought lot of negativity......

Oil was UP...

Gold was UP....

Fed minutes were negative....

Banking default picture was getting worse.....

But....Markets closed half decent...not bad & bodes well for Wed tape !!!!

In my portfolio :

AAPL rating 60/80 target $196.44

CSIQ rating 25/80 target $38.39

RIMM rating 30/90 target $150.30

SOL rating 5/50 target $28.37

SOLF reports before open...expecting a beat....guidance depends on margins.....

BLOG does NOT give a buy or sell.

Saleem

2 comments:

minaccess said...

Hi Saleem. Thanks for the cautious advice on SOLF. Looks like it's down 9% pre-market. Sol and Ldk are the best plays IMO.

Stocks100 said...

Hi Minaccess,

As I thought SOLF margins are under severe pressure down Q/Q....down to 13.7% from 15.8% in Q1 ...

SOL,CSIQ & LDK remains the-most undervalued solar play.....

I am appy that you are NOT in SOLF.....

Saleem