Wednesday, August 12, 2009

Markets are back in GREEN after 1 day minor selling...NICE !!!!

All indices are UP & ABOVE key round numbers...like 1000 & 2000...after 1 day of minor selling..

It is SMART NOT to listen to Fast Money & Art Cashin.....they guaranteed you a MAJOR selling...Guy Adami has NO clue......

Nasdaq is UP the-most +1.74%.....

Dow & S&P 500 are UP 1.38% area.....

SEC must NOT allow employees of CNBC to OWN any stocks..as they are "front-running" all the time..like Fast Money & Mad Money permanent employees of CNBC ????BUT anything GOES as SEC sleeps @ the switch......

Gold UP 70 cents

Oil UP $1.10 to $70.55

Canadian $ UP 1.29 cents to 92.08 cents US for 1 CAD.....

My portfolio is POT,SOL,RIMM,RVBD.....

SOL reported 5 cents loss vs consensus of 6 cents loss

Sales were $82.6 million vs consensus of $90.23...a miss

Guidance was above consensus Sales to be UP 60% to 70% sequentially...BUT the stock IS down 29 cents or 5.13%......I guess missing Sales number is causing some Hedge funds to get out...so for SOL it is NOT about guidance but looking @ last Q????

JASO ER was a miss Down 65 cents....

LDK ER AH

Most stocks are UP...

@ 2.15 Fed will give its take on US economy.....an expected "non-event"

BLOG does NOT give buy or sell.

Saleem

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