Thursday, January 8, 2009

Indices testing support.....

Markets are again in the process of testing support...

Indices are still in Higher highs & higher lows mode...which is a good thing.....

WMT news was surprising...thus a negative tone to market....

Solar stocks are moving UP as President-elect Obama again reinforced his focus on Solar in his speech today.....

In my portfolio :

HEU Up 9 cents

HMU Down 4 cents

TAN UP 18 cents

EGLE UP 6 cents

URE Down 17 cents

Canadian $ is strong against US$ today...UP 62 tick...will give me decent GREEN today

@ 12.02 following are green in my watch list :

STP,JASO,SOLF,YGE,KGC,ABX,VLO,
SPWR,FSLR,FWLT,LDK,GNK.

BLOG does NOT give buy or sell.

Saleem
at

5 comments:

  1. madmaxJanuary 8, 2009 at 9:29 AM

    Hello to all

    I am expecting a green close

    Just a gut feeling

    I see lots of stocks trying to go higher! DSX and DRYS are showing the way higher.
    I had expected AAPL to be a lot higher by now--The S Jobs story is killing the AAPLE rise!
    For the record I have lots of Monsanto shares they are all in the red but after todays sell off looking for $100 per share--those earning are hard to beet and corn and soya beans are needed-we got to eat!

    Let go Stock market giddy up!!!!!!!!!!

    ReplyDelete
  2. madmaxJanuary 8, 2009 at 9:33 AM

    news on Monsanto: A down grade--Yeks

    Today 10:48am
    Monsanto Co Price Target lowered to $90 from $110 at Barclays, maintains Equal weight rating (timing uncertain)
    Other headlines for [MON]
    MON Today 10:48am
    Monsanto Co Price Target lowered to $90 from $110 at Barclays, maintains Equal weight rating (timing uncertain)

    MON Today 08:46am
    Monsanto Co Price Target lowered to $110 from $125 at Citi, maintains buy rating

    MON Today 06:29am
    Monsanto Co Price Target raised to $119 from $115 at BofA/Merrill Lynch, maintains Buy rating

    ReplyDelete
  3. Stocks100January 8, 2009 at 9:37 AM

    Hi Madmax,

    I like your optimism about market,Shippers & MON.....

    Shippers are best positioned to benefit from current malaise in world economy.

    Yes...close will be interesting !!!!

    Saleem

    ReplyDelete
  4. standardshighJanuary 8, 2009 at 10:17 AM

    Hi All,

    Go DSX,DRYS,GNK++++++++++, way over sold!!!!!!!!!!! Solar going to be talked about a lot in the new Admin.
    You were right about Solar Saleem...
    USA is going green in a big way. Just gonna take a little more time.

    Best Regards

    ReplyDelete
  5. Stocks100January 8, 2009 at 10:30 AM

    Hi Standards,

    Obama is extremely forward thinking..Broadband & Solar is his baby.....

    EGLE is not going anywhere today???

    Saleem

    ReplyDelete