Markets are trying to build a higher base ..for further move UP......
Today most sectors were weak....
AH APPL came UP with a beat but guided LOWER than consensus......
AAPL stocks is UP $11+ AH from close......
VMW UP $4 AH on good ER..
YHOO UP $1 on bad ER....
Futures are UP after factoring "fair value"
Dow UP 71
S&P 500 UP 10
NASDAQ UP 28
BLOG does NOT give buy or sell.
Saleem
10 comments:
Been looking at RIMM for the past two days. Did not pull the trigger today and I regret it. I expect a bounce. AAPL will give a nice boost to the tech sector.
My CMED play is crap...for now. I assumed medical sector was safe...
GEOY is creeping up slowly but steadily.
I find it hard to make a new watch list. That’s why I come here :-)
Hi Frogvest,
RIMM has been beaten down "big time"....
CMED acquisition clarity will come @ER CC....
Thanks for sourcing us for some ideas....
Saleem
Hi all
AAPL is up big time ah. But better sell in rally.I think you will get a chace to buy back below 95.RIMM is weak eventhough they have lot cash in pocket. AAPL, ORCL, GE, MSFT, FWLT, BAC NOV,AT lookig good.I am holding ORCL ,bought at 17.81.
JIM CRAMER is a dumb,if you have followed him, you would have loose lot.Tomorrow market must go up big time. Thaxs.
Saleem,
I am not a TA by any means, but I did notice today that LDK & Sol both moved from negative divergence to positive on the macd. Do you see this as a possible start to a bullish run, or do you think that they will straddle between positive and negative now? I believe the two stocks are deeply oversold according to the macd chart, or no?
Thanks
Hi Ds,
Markets are in total disarray this morning......Credit picture is improving but new worries are highlighted....recession....I thought we have predicted that long time ago???
Saleem
Hi Haw,
LDK & SOL are oversold big time....
Sometimes stocks decouple from market and MAY move higher.
Your TA should work eventually.
Saleem
Hi All,
ATL gas $2.49 going down.
Traffic going up.
Profit taking in market after a rise of 1500? 7700->9300? One excuse is as good as any other.
Better times ahead.
Hi All,
I see GS put a price target of $17 on LDK.
Best Regards
Hi Standards,
Great news on ATL gas price....
Profit taking creates opportunity.
Saleem
Hi all,
If you look at the mini charts, it was nothing but up from 2:30 pm till close.
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