Tuesday, July 10, 2007

Markets coming back FAST......

Markets are fighting back the negativity created by HD & SHLD warnings.

SHLD warning is the most disturbing...they cut their guidance by HALF...not a good thing...as it may be a reflection of consumers WATCHING their $$$ more carefully......

SNDK is flying AGAIN today as it is heading into HIGHER trading channel.....Flash pricing is firming UP.......iphones,ipods,digital cameras are using more & more FLASH memory....which is SNDK forte & license it to many other manufacturers.Last year they bought FLSH...so they are bigger & stronger in this new UP NAND cycle.

I completed my accumulation of YHOO today by buying my final Qty this AM....it was nice to accumulate YHOO @ lower levels.....YHOO should make a move UP as it has discounted all the bad news and has improving Q ahead .

BIDU is flying again.....UP $8

AAPL is strong...UP $3

GOOG is UP....

VLO is UP

GRMN is UP

FSLR & TSL are giving back some of their HUGE gains.......

STP wants to go HIGHER even today..........

RIMM is in profit taking mode still......

AKAM is up $2+

Expect markets to turn GREEN..after Bernanke speech is out of the way and "deep analysis is completed"

Good luck on your trades......good day to buy some strong stocks !!!!

next post @ 7PM est.

BLOG does not give buy or sell.

Saleem

Monday, July 9, 2007

Markets closed GREEN $$$$

Markets were in a slight positive mode.....New 52 wk highs were the big story today...

In NYSE there were 325 NEW 52 week high & on NASDAQ there were 208 NEW 52 week high...so if you were holding any of those......congratulations......if NOT.....consider changing some of your stocks.......

This market will REWARD strong stocks in a big way.....which has been the case ...so far $$$$

Today there was a WILD solar party...thanks to FSLR.......HOKU,TSL & STP came along for the RIDE $$$

SNDK benefitted from Citigroup analyst note saying that most analyst are too bearish and looking in "rear view mirror...not AHEAD"

SNDK lofted to new trading HIGH since Nov 06.....

STP went to NEW trading HIGH since April 06......

SNDA went to new trading 52 wk HIGH.......

YHOO closed @ $27.20 green 10 cents inspite of downgrade......

FDRY & RIMM yawned today & rested near their HIGHS !!!!

AKAM is UP $2+AH...it is being added to S&P 500 effective wed close.......

CME & BOT marriage made in heaven today..........

ICE & NMX.....left to be chosen by NYX.......which one.....we do not know yet .....

Canada will be RAISING interest rate Tommorrow...announcement @ 9AM.....

Housing analysis is getting TOO pessimistic.......bottom must be @ hand.....Stocks discounts"current negatives...AHEAD of actual news"......I am monitoring TOL very closely......my fav in that sector.

In hotel private equity game ...I am monitoring WYN....my fav in that sector.....

Good luck on your STRATEGY $$$$$

Next post @ 11 AM est

BLOG does not give BUY or SELL.

Saleem
Markets are mildly GREEN today....so far @ 11.15 AM.......

Hoping that we will close strong across the board today........

GOOG has a "new & improved target of $700"...Up $4+

BIDU got downgraded......Down.....but not OUT

YHOO got downgraded by "think equity partners"......they must NOT THINK clearly....I absolutely am dumbfounded by the calls to downgrade @ absolute BOTTOM......gave me another chance to ADD more YHOO.....missed the low by 9 cents.....Nasdaq down & YHOO UP on downgrade.....we do live in interesting time.....

SNDK is FLYING today on FIRMING NAND prices...as they are the biggest beneficiary of firming pricing environment......expecting great guidance on 19th......it was also downgraded on tuesday last week...when I added more....as I say...bring it ON $$$$$

STP the laggard of solar industry is also strong FINALLY..only 59 cents away from its 52 week HIGH.....I am sure technical types are getting ready to JUMP IN with both feet .....this includes ANALYST/HEDGE FUNDS/SHORTS (to cover).......

SNDA is also strong...went to new 52 week HIGH before pulling back for NOW........

RIMM is meandering for now...close could be very STRONG..........

AAPL also down....there is a 2 ring circus now RIMM & AAPL......

FMCN down on int audit probe.....

JSDA & NTES continues its recovery.....

TZOO in new channel UP $1+

RVBD,VLO & AOB UP.....

Mother of all solar stock FSLR UP $17 on $1.28 billion new long term contract...TSL UP$4..HOKU & SOHU UP also......

NCTY & INFY UP .....infy reports on wed before open .....

NMX down & ICE UP...maybe there is a message !!!!!

Good luck on your trades today.

Will post @ 7PM est.

BLOG does not give buy or sell.

Saleem

Sunday, July 8, 2007

YHOO vs BIDU for next 12 months........comparative picture of FA vs TA.......

BIDU has been on a TEAR since reporting its last ER........went from $106 in end of April to $197.60 close on july 6...an astonishing gain of $92 in 66 days..a whopping GAIN of 86.7% ....

Now the question is ....."is it too soon too fast"......

YHOO has also developed its own picture which is following:

YHOO has gone from $43.66 in Jan 06 to a LOW of $22.65 in Oct 06 a DECLINE of $21.01 or a 48.1% drubbing in 10 months...YHOO closed @ $27.10 on friday.....looks like YHOO has made a TRIPLE bottom since April......or a DOUBLE bottom since mid June......

Lets do a snapshot of FA between the two OPPOSITE performers :

........................YHOO........................BIDU


Sales 07 .....$5.19 Billion 08 $6.16 Billion/$207.39 M 08 $351.42 M
YOY.................+13.9%..........+18.6%../+97.6%...+69.4%

EPS 07.............50 cents..........08 66 Cents/$1.81..08 $3.06
YOY.................-4%...................+32%...../+67.5%..+69%

PE....................54.2................41......./109.17..64.58

The above is an interesting picture....which will be interpreted differently by different type of traders & investors......

I personally believe that YHOO has a better chance of withstanding any market correction...which may develop in any overbought conditions.

I will be accumulating more YHOO...as I see a good RISK/REWARD ratio...going forward.

I also see BIDU as nearly fully valued currently based on its Sales & EPS growth rate for next year 08 earnings.....my max target to sell BIDU is $214 area..unless sales & EPS is adjusted upwards further for 08.....

YHOO has seen all the bad news based on my PERSONAL analysis......the news will only get better starting with july Q......I usually like being EARLY on most of my position...when no one is talking about those stocks.......and sell when everybody is getting WARMED UP...it works for me $$$$.

Please do your own due diligence as I own YHOO in my portfolio.

BLOG does not give buy or sell.

Next post Monday @ 11 AM.

Enjoy your sunday & good luck next week.

Saleem

Saturday, July 7, 2007

Momentum stocks for this very strong BULL market.It is time to INVEST not TRADE like a drunken sailor.....yes it will result in MEASUREABLE advantage......You cannot TIME/TRADE a "runaway BULL".......

As usual use Tight STOPS.....but led it RIDE UP,UP & UP $$$$$

RIMM,AAPL,BIDU,GOOG,CTRP,GME,GRMN,ICE,SNDK,NVDA,
SNDA,NCTY,SINA,AGU,NILE,FSLR,WYNN,INFY,WFR,MA,
FDRY,JNPR,MBLX,VLO,STP,TSL,SNE,HOKU.

Good luck on your due diligence.

BLOG does not give buy or sell.

Tommorrow I will do FA on my portfolio by 10AM.

Saleem
The following stocks are showing technical strength based on various technical formations.Please combine this TA with FA.Technicians cannot predict events which may affect stock prices.

NYSE

SMH, ABI,CBG,PAC,NG,ITG,EXM,GG,UA,KMX,VAR,TTM,BLG,DSX,
STX,MBT,WFT,ICE,CEM,LTD,AKS,SLW,MGI,SAY,PPC,NHP,SWC,
ROP,SYX.

NASDAQ,

CTSH,GNSS,CTDC,MXWL,CHNR,XMSR,ERTS,CHINA,KLAC,CTXS,
FFHL,CORS,SPNC,EMKR.

TSX (Toronto Stock Exchange)

ABX,ATA,JDU,LAM,ECH,CLL,AEM,NRM,ISM,AVM,TGL,KRY,RBI,
CGO,S,T,QUA,NOC,ARU,CDM,CLG,YO.

Please do your own due diligence & stay DIVERSIFIED.

BLOG does not give buy or sell.

Saleem

Friday, July 6, 2007

Markets closed near HIGH of the day......

Bond yield 5.20% @ HIGH of the week.....

Most tech stocks are either moving UP or staying near all time HIGHS.....

Strong stocks are getting stronger by "every CLOSE"......

BIDU in NEVERLAND HIGHS $$$$$

RIMM & APPLE NEAR HIGHS........

GOOG near HIGHS......

FSLR near HIGHS.....

GRMN near HIGHS.....

CTRP near HIGHS.....

Even Exchange stocks have found bottom.......

Is everybody getting a "very clear snapshot of market".....I hope SO $$$$$$

If NOT.......... it is going to cost you "missed opportunity of a lifetime"

So get your "aggressive HAT ON and jump with both feet"

SNDK started its move to new higher trading channel $$$$$

FDRY is also in higher trading channel.......

STP resting in higher channel......

SNDA resting in higher channel......

So please do your OWN due diligence...there is MORE than "few donkey's to trade ON"

Get your OWN ride and......ride the WAVE.....like a great SURFER in Hawaii's north shore.....

I will post...... technically strong stocks list by 10AM....on saturday !!!

BLOG does not give buy or sell.

Saleem