Indices again proved the skeptics WRONG......by rallying into close erasing modest loss into barely red....
This much talked about correction is going to finish careers of many "so-called experts/know it all" on wall street......It gets very boring being WRONG more than 100 times on "live television"
There was an interesting debate on the health of current market between "political" Carter Worth & "outspoken" Joe Granville......Carter Worth was chewing his bearish take & Joe Granville saying "straight UP for two years"...
AH Credit Suisse Upgraded RIMM to outperform stock UP 97 cents on AH volume of 197,924...
AH SINA reported in-line EPS & guiding LOWER Sales for Q3....AH unchanged on AH volume of 84,913......
AH Futures are GREEN.....
AH Nikkei Down .31%
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I've noticed that you've liked SOL for a while. What's your current opinion and long-term expectation?
Hi Wyco,
I believe SOL is positioned well with its new business model of fully integrated end to end solution.
SOL mangement is most upfront about its challenges & outlook.
After a long time SOL has stayed above 50DMA which is good technically.
I also believe that Oil is going to stay high which should help companies like SOL....
Like SOL quite a bit for short & long term.....
12/10 EPS may surprise on the upside....Q4 will start the UPTREND..
Hope that answers your question.
Saleem
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