Markets are in negative due to STRONG turnaround in OIL to recent HIGHS.
GOLD is UP.
Markets are rewarding strong stocks even on a down indices.
CMED is flying HIGH UP $4 on "way better than expected top & bottom line"...CMED is also guiding way HIGHER in top & bottom line....can I say "short SQUEEZE".
Strong stocks are:
GOOG,AAPL,RIMM,CTRP,RVBD,VLO,BIDU,MA,AZO,HOKU.
Weak stocks are:
ICE,NYX,NMX,AKAM,ENCY.
Bought more EGO @ open...expect GOLD to outperform...always like to get in early and @ LOW $$$$.
Good luck on rest of the day......GREEN should be the COLOR for monday CLOSE $$$$.
BLOG does not give buy or sell.
Saleem
Monday, June 18, 2007
Markets all set for another HAPPY day !!!!
Markets are looking to make investors & traders happy.
Futures are pointing UP.
Early movers are AAPL,GOOG,RIMM,CMED,NVDA.
Disaster of the morning is ENCY.....down 50%.
CMED came out with better than expected earnings and guidance is also better than expected.CMED also announced cash dividend of 40 cents.
All is QUIET on NMX takeover........ stock is down $2 in pre-market....should RECOVER by the close and then some...I hope........
GOLD is UP.
OIL is down...so far @ 8.50AM.
Hope you all have recovered from the festivities of father's day.
I will do my next update around 11 AM EST.
BLOG does not give buy or sell.
Saleem
Futures are pointing UP.
Early movers are AAPL,GOOG,RIMM,CMED,NVDA.
Disaster of the morning is ENCY.....down 50%.
CMED came out with better than expected earnings and guidance is also better than expected.CMED also announced cash dividend of 40 cents.
All is QUIET on NMX takeover........ stock is down $2 in pre-market....should RECOVER by the close and then some...I hope........
GOLD is UP.
OIL is down...so far @ 8.50AM.
Hope you all have recovered from the festivities of father's day.
I will do my next update around 11 AM EST.
BLOG does not give buy or sell.
Saleem
Sunday, June 17, 2007
Mother of all commodity...URANIUM
Uranium is the most precious of all commodities from investment point of view.
Uranium is in SEVERE shortage because the demand is substantially HIGHER than supply.
Shortage of Uranium is expected to last another 3 years or longer.
This shortage is happening because most producers are having problems in mining.
CCJ is the biggest...whose cigar lake mines got flooded...causing a delay of 3 years.
Other producers are having production shortfalls because of difficulty in mining & equipment /structural issues.
Uranium is trading @ $138 per lb fron 3 year ago price of $10......
Most mining analyst are predicting price of Uranium around $160 for the end of this year.
Most countries are focussing on Nuclear energy to deal with Global warming & severe shortage of electricity around the world.
China is constructing 30 nuclear power plants and have plans for another 50.
Most asian countries are using nuclear power plant as a current source and banking heavily for future expansion of nuclear energy.
Even IRAN wants to use nuclear to power their future needs.
All in all the future of nuclear is very "GLOWING".
There is a frenzied M& A actvity in this arena which CNBC,CNN & FOX..never reports.
AREVA the French Nuclear GIANT is buying Uranium exploration companies all over the world.
All Uranium producers like SXR,DNN,CCJ& PDN.TO is buying Uranium exploration companies every few months.
I currently own PDN.TO which is an Australian uranium producer which just bought Summitt Uranium mines in Australia...which AREVA wanted to buy..but were outbid by PDN.TO.
I expect PDN.TO to be bought out by somebody...someday.....so I hope.
Please do your own due diligence as I own PDN.TO.
BLOG does not give buy or sell.
Happy fathers day to all.
My next post will be on monday @ 9.00 AM.
Saleem
Uranium is in SEVERE shortage because the demand is substantially HIGHER than supply.
Shortage of Uranium is expected to last another 3 years or longer.
This shortage is happening because most producers are having problems in mining.
CCJ is the biggest...whose cigar lake mines got flooded...causing a delay of 3 years.
Other producers are having production shortfalls because of difficulty in mining & equipment /structural issues.
Uranium is trading @ $138 per lb fron 3 year ago price of $10......
Most mining analyst are predicting price of Uranium around $160 for the end of this year.
Most countries are focussing on Nuclear energy to deal with Global warming & severe shortage of electricity around the world.
China is constructing 30 nuclear power plants and have plans for another 50.
Most asian countries are using nuclear power plant as a current source and banking heavily for future expansion of nuclear energy.
Even IRAN wants to use nuclear to power their future needs.
All in all the future of nuclear is very "GLOWING".
There is a frenzied M& A actvity in this arena which CNBC,CNN & FOX..never reports.
AREVA the French Nuclear GIANT is buying Uranium exploration companies all over the world.
All Uranium producers like SXR,DNN,CCJ& PDN.TO is buying Uranium exploration companies every few months.
I currently own PDN.TO which is an Australian uranium producer which just bought Summitt Uranium mines in Australia...which AREVA wanted to buy..but were outbid by PDN.TO.
I expect PDN.TO to be bought out by somebody...someday.....so I hope.
Please do your own due diligence as I own PDN.TO.
BLOG does not give buy or sell.
Happy fathers day to all.
My next post will be on monday @ 9.00 AM.
Saleem
Gold will GLITTER AGAIN !!!!!
GOLD is going through its usual Up & Down cycle.
GOLD has a major SUPPORT around $640 area.
GOLD should be part of every portfolio.
Gold stocks are divided into several categories.
Senior producers ABX,NEM,GG.
Mid Tier producers KGC,AUY.
Junior producers EGO,GSS.
Exploration Companies UXG,RBY,KRY.
The biggest question when it comes to investing in GOLD is where to INVEST................
I have done extensive trading in gold from ABX to Breac the famous fraud and everything in between.
I position my trades between mid-tier producers to good exploration companies.
Currently I have position in UXG & EGO.....as they offer the biggest bang for the buck.
All gold stocks are coming out of major pullback...so there is a very good chance of making money in all categories listed above.
Gold stocks are also going through M&A as cost are RISING big time.....Labor, fuel,environmental assesment & transportation cost are rising...so it is cheaper to buy existing producers & near producers.
Please do your OWN due diligence as I currently own UXG,EGO.
BLOG does not give buy or sell.
Saleem
GOLD has a major SUPPORT around $640 area.
GOLD should be part of every portfolio.
Gold stocks are divided into several categories.
Senior producers ABX,NEM,GG.
Mid Tier producers KGC,AUY.
Junior producers EGO,GSS.
Exploration Companies UXG,RBY,KRY.
The biggest question when it comes to investing in GOLD is where to INVEST................
I have done extensive trading in gold from ABX to Breac the famous fraud and everything in between.
I position my trades between mid-tier producers to good exploration companies.
Currently I have position in UXG & EGO.....as they offer the biggest bang for the buck.
All gold stocks are coming out of major pullback...so there is a very good chance of making money in all categories listed above.
Gold stocks are also going through M&A as cost are RISING big time.....Labor, fuel,environmental assesment & transportation cost are rising...so it is cheaper to buy existing producers & near producers.
Please do your OWN due diligence as I currently own UXG,EGO.
BLOG does not give buy or sell.
Saleem
SNDK ready to please believers ???
SNDK has been on a major downtrend since Jan 06 when it reached $79.80 on a intraday basis.
This 18 month downtrend was accurately predicted by wall street...as the price for flash,nand & all memories crashed due to oversupply and market share focus.
Now we are on the VERGE of better pricing and shortage going to develop as we move forward.
Let us see what wall street is projecting in terms of numbers for SNDK:
Sales Q2....$789 million
YOY...........+9.7%
EPS Q2.....+15 cents
YOY..........decline from 58 cents
Sales 12/08.....$4.52 Billion
YOY...................+24%
EPS 12/08...........$2.10
YOY..................+46.1%
As the numbers are telling us......we are entering a very strong GROWTH cycle for SNDK.
SNDK being the leader in flash memory which is being widely used in everything from digital camera,mp3 players ,ipod,video pod & now iphone is expected to use all the available supply.
The iphone debut on june 29th and use of Flash drive in laptop is FIRMING UP the prices.
As is always the case we go from oversupply to shortage.......
SNDK has been OVERSOLD and has improved technically also.
SNDK is now trading ABOVE 50,200 dma and above 40week moving averages.
On friday SNDK took out its six months high of $46.30 and closed @ $46.40.
SNDK CMF is GREEN.
SNDK has a very good chance to reach analyst average target of $50.
P&F charts has a target of $64.
So wall street is getting all warmed up for everything FLASH as it uses no battery power.
SNDK also gets substantial revenue from licensing for its patents.
Please do your OWN due diligence as I own SNDK for my portfolio.
BLOG does not give buy or sell.
Saleem
This 18 month downtrend was accurately predicted by wall street...as the price for flash,nand & all memories crashed due to oversupply and market share focus.
Now we are on the VERGE of better pricing and shortage going to develop as we move forward.
Let us see what wall street is projecting in terms of numbers for SNDK:
Sales Q2....$789 million
YOY...........+9.7%
EPS Q2.....+15 cents
YOY..........decline from 58 cents
Sales 12/08.....$4.52 Billion
YOY...................+24%
EPS 12/08...........$2.10
YOY..................+46.1%
As the numbers are telling us......we are entering a very strong GROWTH cycle for SNDK.
SNDK being the leader in flash memory which is being widely used in everything from digital camera,mp3 players ,ipod,video pod & now iphone is expected to use all the available supply.
The iphone debut on june 29th and use of Flash drive in laptop is FIRMING UP the prices.
As is always the case we go from oversupply to shortage.......
SNDK has been OVERSOLD and has improved technically also.
SNDK is now trading ABOVE 50,200 dma and above 40week moving averages.
On friday SNDK took out its six months high of $46.30 and closed @ $46.40.
SNDK CMF is GREEN.
SNDK has a very good chance to reach analyst average target of $50.
P&F charts has a target of $64.
So wall street is getting all warmed up for everything FLASH as it uses no battery power.
SNDK also gets substantial revenue from licensing for its patents.
Please do your OWN due diligence as I own SNDK for my portfolio.
BLOG does not give buy or sell.
Saleem
Saturday, June 16, 2007
Momentum Stocks for this BULL market !!!!!!
The following stocks are showing momentum.Please use close stops as these stocks can shed several dollars in a hurry on events,rumours or manipulation.
RIMM,SWIR,SXCI,SAM,YZC,NVDA,MA,MDR,JEC,
AMZN,GME,FLIR.
Please do your own due diligence & stay diversified.
BLOG does not give buy or sell.
I will be doing fundamental analysis on my portfolio on sunday post by 10 AM.
Saleem
RIMM,SWIR,SXCI,SAM,YZC,NVDA,MA,MDR,JEC,
AMZN,GME,FLIR.
Please do your own due diligence & stay diversified.
BLOG does not give buy or sell.
I will be doing fundamental analysis on my portfolio on sunday post by 10 AM.
Saleem
Technically STRONG stocks for this BULL market !!!!
These stocks are showing strength based on various technical formations.Please do FA on these stocks also.Technicians cannot predict events which may affect stock prices.
NYSE
UIS,GG,WIN,IFX,NLC,NXG,FUL,AVT,UPS,NWS,USO,TJX,CBG,NOC,
PHG,SAY,BSX,EK,AGU,CIB,AHM,MFB,AOI,LXK.
Nasdaq
CSCO,MSCC,COGN,SSTI,SUSQ,KNDL,NVAX,ANGO,SBGI,SUNW,
KLIC,FORM,CHRW,EICU,IGTE,CTCM,SPIL,CPHD,LMRA,POZN,
CMOS,DIOD,AVII.
TSX (Toronto Stock Exchange)
QUA,HBM,TVC,FCC,FVI,XMA,MFL,CLG,VGZ,CDM,CLL,NGX,FR,
GUY,ASV,AGU,AVM,DAX.
Please do your own due diligence & STAY diversified.
BLOG does not give buy or sell.
Saleem
NYSE
UIS,GG,WIN,IFX,NLC,NXG,FUL,AVT,UPS,NWS,USO,TJX,CBG,NOC,
PHG,SAY,BSX,EK,AGU,CIB,AHM,MFB,AOI,LXK.
Nasdaq
CSCO,MSCC,COGN,SSTI,SUSQ,KNDL,NVAX,ANGO,SBGI,SUNW,
KLIC,FORM,CHRW,EICU,IGTE,CTCM,SPIL,CPHD,LMRA,POZN,
CMOS,DIOD,AVII.
TSX (Toronto Stock Exchange)
QUA,HBM,TVC,FCC,FVI,XMA,MFL,CLG,VGZ,CDM,CLL,NGX,FR,
GUY,ASV,AGU,AVM,DAX.
Please do your own due diligence & STAY diversified.
BLOG does not give buy or sell.
Saleem
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