Indices are green while INTC reports AH....
INTC ER should be better than expected.....
Gold Down $3.60
Oil Down 20 cents
Canadian $UP 48 tick to 97.43 US for 1 CAD...this is @ highs of last 18 months...
Portfolio is APWR,ASIA,AUY,IAG,PALM,POT,SLW,SOLF,TSL,TC,FUQI call
@ 12.20 following are green :
TC,SOLF,PALM,ASIA,IAG,FUQI,SOHU,SINA,NTES,
ISRG,RIMM,GOOG,BIDU,MA,GNK,LVS,LDK,FMCN,
SNDA,ICE,IGT,WYNN,FSLR,SNE.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem
Some stock picls:
Katz said he wouldn’t use the "loser strategy" to pick stocks as the opportunities in the Dow are spread out between last year’s better and worst performers.
Instead, Katz said he looks at valuation, P/E, what the business is worth, where the stock is selling and what type of earnings recovery the company will have.
“We think there are opportunities within the group like Chevron [CVX 79.47 -0.33 (-0.41%) ], P&G [PG 61.49 -0.03 (-0.05%) ] and Wal-Mart [WMT 54.42 -0.59 (-1.07%) ], but we would also look at things that did exceptionally well off the bottom like Bank of America [BAC 16.8399 0.2199 (+1.32%) ], JPMorgan [JPM 44.63 0.38 (+0.86%) ] and Alcoa [AA 15.93 -0.05 (-0.31%) ],” he said.
I got some BAC!!!!!!!!!!!!
Saleem,
Should a panic run in Solar sector be a buy now? I think it is a good buying opportunity. I plan to pick up some. Please advise.
Michael
Hi Michael,
German cut news is affecting solar stocks....long term should be OK.
Saleem
Hi C,
Thanks for the post.....JPM looks good.
Saleem
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