Friday, July 10, 2009

Retest of support continues.....

Indices are testing support....

No real damage has been done as we are still higher than recent low of 869.32 in S&P 500....

Once hedge funds ala GS types knows that they cannot push the market lower..they will move it UP,UP & more UP.....

AG stocks are taking on the chin as a contract in India is signed for $40 lower than expected...

Gold Down $7.40 to $908.50

Oil Down $1.31 to $59.10..looks washed out big time !!!

Canadian $ down 13 tick against US$....economic report in Canada was mixed...Job picture way better than expected...BUT trade deficit more than double of expectation.....

Portfolio is GNK,IPI,MRVL,SOL(upgraded with $7 target),TLM....

@12.21 following are green :

SOL,AAPL(est increased),RIMM,FMCN,RCI,CTRN,
LULU,BIDU,NYX,CMED,GOOG...

BLOG does NOT give buy or sell.

Saleem

5 comments:

standardshigh said...

Hi Saleem,

Gee whiz, look at Rimm, 60's! After a huge run up to 80, only to be sold down again. Will it go lower to the 50's? This stock maybe a real treat when the market heads higher.

Have a good weekend. Next week will be more interesting.

Best Regards

Stocks100 said...

Hi Standards,

$63 was the low on RIMM two days ago......

It is day to day in markets & individual stocks.....

Yes ....next week should be positive.

Saleem

madmax said...

HELLO all

J Carmer
say his 4th horseman RIMM fell off it horse--Don't buy

Of course we have all heard his rants before.
I sill like my DSX, and my 2 drugs BMY and MRK

madmax said...

SALEEM good evening
Here is the IBD listing % Off
Rank Company Symbol Price High
---- ---- ---- ---- ----
1 FUQI INTERNATIONAL INC FUQI 16.95 -22.9
2 STARENT NETWORKS CORP STAR 22.93 -10.5
3 GREEN MTN COFFEE ROASTRS GMCR 56.42 -11.4
4 VISTAPRINT LIMITED VPRT 40.77 -8.9
5 NEUTRAL TANDEM INC TNDM 27.66 -15.1
6 BAIDU INC ADS BIDU 284.24 -19.6
7 NETEASE.COM INC ADR NTES 34.33 -11.4
8 S X C HEALTH SOLUTIONS SXCI 26.87 -1.7
9 H M S HOLDINGS CORP HMSY 39.29 -6.2
10 HARBIN ELECTRIC INC HRBN 15.13 -11.4
11 SHANDA INTERACTIVE ENTMT SNDA 51.91 -20.1
12 N V E CORP NVEC 43.04 -13.1
13 WORLD FUEL SERVICES CORP INT 37.37 -23.3
14 DYNCORP INTERNATIONAL A DCP 19.03 1.1
15 LONGTOP FINANCL TECH ADS LFT 22.65 -25.7
16 PRICELINE.COM INC PCLN 106.61 -10.7
17 COPA HOLDINGS SA CPA 40.99 -2.8
18 TALEO CORPORATION CL A TLEO 17.35 -33.7
19 INERGY HOLDINGS LP NRGP 40.59 -3.8
20 NEWMARKET CORPORATION NEU 66.67 -16.3
21 CTRIP.COM INTL LTD ADR CTRP 40.32 -26.5
22 SOCIEDAD QUIMICA Y MINRA SQM 35.2 -22.9
23 EMPRESA NAC EL CHILE ADS EOC 47.52 -9.2
24 EBIX INC EBIX 32.21 -20.1
25 SYNAPTICS INC SYNA 34.1 -16.7
26 JINPAN INTERNATIONAL LTD JST 26.67 -26.9
27 CERNER CORP CERN 57.61 -10.8
28 ANAREN INC ANEN 17.59 -4.9
29 ORION MARINE GROUP INC ORN 18.62 -18.5
30 ALLEGIANT TRAVEL COMPANY ALGT 40.75 -29.2
31 CHIPOTLE MEXICAN GRILL A CMG 79.59 -13.9
32 SYNTEL INC SYNT 31.6 -12.1
33 LUMBER LIQUIDATORS INC LL 16.32 -4.8
34 HAWKINS INC HWKN 21.27 -7.9
35 TELVENT GIT S A TLVT 20.81 -16.8
36 QUALITY SYSTEMS INC QSII 52.74 -14.9
37 CITI TRENDS INC CTRN 24.5 -11.4
38 I C U MEDICAL INC ICUI 43.07 -1.5
39 B J S RESTAURANTS INC BJRI 16.64 -8.3
40 S T E C INC STEC 23.53 -9.5
41 ENERSIS S A ADS ENI 17.38 -6.6
42 ROCK TENN CO CL A RKT 37.31 -19.5
43 NETFLIX INC NFLX 40.07 -20.2
44 SUBURBAN PROPANE PARTNRS SPH 42.24 -1.7
45 VALEANT PHARMACEUT INTL VRX 22.69 -13.5
46 W M S INDUSTRIES INC WMS 31.77 -12.9
47 TETRA TECH INC TTEK 26.48 -12.2
48 AEROPOSTALE INC ARO 33.07 -12.9
49 F 5 NETWORKS INC FFIV 33.52 -7.6
50 EMERGENCY MEDICAL SVCS EMS 37.89 -3.1
51 CALAVO GROWERS INC CVGW 19.3 -12.6
52 CUBIC CORP CUB 35.61 -12.4
53 TESSERA TECHNOLOGIES INC TSRA 25.02 -9.4
54 DINEEQUITY INC DIN 31.87 -18.2
55 EXPRESS SCRIPTS INC ESRX 64.72 -17
56 GOODRICH CORPORATION GR 49.49 -10.6
57 AECOM TECHNOLOGY CORP ACM 30.66 -6.9
58 CREDIT ACCEPTANCE CORP CACC 23.88 -4.5
59 MCAFEE INC MFE 40.73 -4.3
60 BIO REFERENCE LABS INC BRLI 30.02 -7.6
61 PRE PAID LEGAL SERVICES PPD 44.89 -1.5
62 MEDASSETS INC MDAS 18.26 -7.5
63 CARTERS INC CRI 22.71 -10.5
64 BANCO MACRO SA ADS BMA 16.09 -25.6
65 LIFE TECHNOLOGIES CORP LIFE 39.7 -11.1
66 TERADATA CORP TDC 22.6 -12.7
67 LINCOLN EDUCATIONAL SVCS LINC 18.44 -15
68 O REILLY AUTOMOTIVE INC ORLY 39.38 -2.8
69 SYNNEX CORP SNX 26.97 -6.4
70 PEGASYSTEMS INC PEGA 23.16 -17.2
71 PERFECT WORLD CL B ADS PWRD 29.82 -12
72 HHGREGG INC HGG 15.7 -17.8
73 AMERICAN DAIRY INC ADY 35.85 -18.5
74 ORCHIDS PAPER PRODUCTS TIS 21.5 -2.2
75 CAPELLA EDUCATION CO CPLA 58.75 -7
76 SOUTHWESTERN ENERGY CO SWN 36.78 -20.9
77 COGNIZANT TECH SOL CL A CTSH 26.41 -18.4
78 UNITED NATURAL FOODS INC UNFI 24.94 -13.1
79 ADVANCE AUTO PARTS INC AAP 44.18 -2.9
80 PEET'S COFFEE AND TEA PEET 28.26 -7.1
81 AMERISTAR CASINOS INC ASCA 17.91 -22.1
82 ARCSIGHT INC ARST 16.22 -14.8
83 CHANGYOU.COM LTD ADS CYOU 38.45 -17.9
84 NEW ORIENTL EDU&TECH ADS EDU 62.25 -21.1
85 STEVEN MADDEN LIMITED SHOO 24.39 -19.8
86 APPLE INC AAPL 138.52 -23.4
87 U R S CORP URS 45.77 -13.8
88 INFOSYS TECHNOLOGIES ADS INFY 35.95 -20.2
89 COMPUTER PROGRAMS & SYS CPSI 34.09 -15.2
90 AMERIGAS PARTNERS LP APU 33.92 -2.4
91 TEKELEC TKLC 17.11 -2.7
92 INERGY L P NRGY 26.45 -1.7
93 MARVEL ENTERTAINMENT INC MVL 36.69 -4.7
94 CALUMET SPCLTY PDT PTNRS CLMT 16 -5
95 RENTRAK CORP RENT 16.12 -8.3
96 DISCOVERY COM INC CL C DISCK 20.46 -6.8
97 ATLANTIC TELE NETWORK ATNI 34.69 -15.4
98 A E P INDUSTRIES INC AEPI 27.83 -5.2
99 ABOVENET INC ABVT 70.43 -15.4
100 SEACOR HOLDINGS INC CKH 74.96 -15.6

Stocks100 said...

Hi Madmax,

Thanks for IBD 100....useful tool.

Saleem