Markets are in a holding pattern for 50 BP interest rate cut.....
No Yahoos coming on CNBC saying "sell the RIP anymore"
DXD is DE FOCUSED also......
Even Art Cashin of UBS discovered "bullish religion"......Now that he did not get 1000 point drop ..but 900 melt UP...he has CHANGED his TUNE.....good for his pocket book from hereon...if you cannot fight them join them is the-mantra.....
Confidence IS building for markets.....
Traders/Investors will tip toe back IN.....
Most stocks are trending UP......
Even casino stocks are on FIRE.....
MGM pricing $1 Billion in financing today.....things must have eased up in credit market.
Expecting another strong close.......
More short covering/selling of DXD/SDS/QID
Need to change strategy based on "new bullish tape"
BLOG does NOT give buy or sell.
Saleem
SALEEM
ReplyDeleteHELLO my friend
Look at AAPL, J the Cramer spoke of it for 15 minuets last night--Buy
Best of breed and earning to boot-best tech stock except GOOG but GOOG is to expensive
What say you?
Good
Good morning Saleem & Max
ReplyDeleteAdded to my UYG position this morning. PWE showing signs of life. Lets hope for a good close.
Victor
Hi Madmax,
ReplyDeleteYes AAPL rocks..UP almost $8...
Markets looking good $$$$$
Saleem
Hi Victor,
ReplyDeleteGood move on UYG...it IS going much much HIGHER $$$$$
Markets are on FIRM footing !!!!
Saleem
SALLEM and all
ReplyDeleteLooking fantastic on RIMM and APPL
QLD strong as is DSX FRO DVN, SWN, RRC is on fire looks like oils could be bought out soon--rumor mill! and Oil is higher today
PWE is another possible buy out according to CNBC--I never them any who! But some thing is cooking there in oil patch.
Looking for $120 in AAPL Cheers to all buyers
A little news on DRYS:Sector: Industrials
ReplyDeleteSub-Industry: Marine
Peer Group: International Shipping Services
Summary: This company provides international seaborne transportation services, carrying various drybulk
cargoes including iron ore, coal, grain, bauxite, phosphate and fertilizers.
Quantitative Evaluations
S&P Quality Ranking : NR
S&P Fair Value Rank: 5-
1 2 3 4 5
Lowest Highest
Fair Value Calc: $75.50 (Undervalued)
S&P Investability Quotient Percentile
8%
1 Lowest Highest 100
DRYS scored lower than 92% of all companies
for which an S&P Report is available.
Volatility: High
Low Average High
Technical Evaluation: BEARISH
Since June, 2008, the technical indicators for DRYS
have been BEARISH.
Relative Strength Rank: Weak
6
1 Lowest Highest 99
| Price as of Oct 24,2008: $16.89 | 52-Week Range: $131.34 - $15.16
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
2005 2006 2007 2008
30-Week Mov. Avg.
10-Week Mov. Avg.
Relative Strength GAAP Earnings vs. Previous Year
Up Down No Change
Volume Above Avg.
Below Avg.
35 49
10
20
40
80
0
5
10
15
Vol.
Mil.
Options: ASE, P, PQuantitative Stock Report
DryShips Inc Oct 25,2008
NNM SYMBOL:DRYS
S&P Quality Ranking: NR Standard & Poor's Fair Value Rank : 5-
CCJ Strong - You were right Saleem :-)
ReplyDeleteCMED coming back from the dead... still a long road to recovery. I think I will dump on the next sign of weakness.
GEOY acting strangely on low volume
KNDL up 10% after yesterday's dip. High volume.
Thinking about locking some profits...
Hi Frogvest,
ReplyDeleteI am glad that CCJ is working out for you.
Finding winners in this market is still TOUGH....UP..DOWN...UP is the tape.
Saleem