Saturday, February 12, 2011

Buy rated stocks.....

Following stocks are flashing buy signal.Please do your OWN due diligence by checking FA/TA/TAPE, then make your OWN decision.

BG,N,PIR,AMZN,ARUN,RNWK,AAI,
IBN,CTRP,JASO,XOMA,LTD,RVBD,
SNDA,TTM,TSM,AMKR,FMCN......

Next post by noon Sunday.

BLOG does NOT give buy or sell.

Saleem

Friday, February 11, 2011

Record close in all Indices.....NICE !!!!

All indices are making new highs.

Internals of the market were strong.

Ironically Doug Kass keeps coming with his "brand new & latest reasons" why this market will fall sharply.Mr Kass has been bearish since S&P 500 was @ 1000......so he has been "whistling past his short graveyard" ever since...it is dangerous for any ones financial health to be short & WRONG for almost 33%....WOW but he keeps yapping away ????

In my Portfolio :

Doubled my position in MGM @ $15.72...it is now my top holding.MGM reports before open on Monday...expecting higher than consensus guidance.......they are expected to report for Q4 a loss of 22 cents & revenue of $1.5 billion...for Q1 they are expected to lose 19 cents on revenue of $1.5 Billion......

Portfolio is BAC,FFIV,F,MGM,RIMM....

By noon Saturday, i will list some trading ideas.

BLOG does NOT give buy or sell.

Saleem

All Indices @ another record high...NICE !!!!

Indices are doing what it has been doing, making new highs.

Consumers are feeling good.

Gold UP $3

Oil Down 79 cents

Canadian $ UP 63 tick @ 101.06

In my portfolio :

Sold RVBD

Added 30% RIMM @ $66.25

Added 300% F @ $16.40

Portfolio is BAC,FFIV,F,MGM,RIMM

Most stocks are UP

@ 12.16 following are RED :

FFIV,MGM,RIMM,PCLN,EXPE,SOHU,CCJ,
CNQ,TCK,CCME,SLW,NTES,AEM,NYX....

BLOG does NOT give buy or sell.

Saleem

Thursday, February 10, 2011

Constructive close AGAIN......NICE !!!!

Indices were all set to go down , thanks to CSCO & AKAM......

BUT, like any strong bull market..indices fought its way back to positive in S&P 500 & Nasdaq on heavy volume, but Dow needed a rest...

Internals were Mixed

RSI @ close are as follows :

Dow 76.48

S&P 500 68.66

Nasdaq 64.39

Strong stocks included RIMM,FFIV,RVBD,CMG,
BIDU,CRM,SOHU,NTES,CREE,JDSU,CIEN,FNSR,
ARUN......

AH ER CMG was beat, stock UP 8.72%

AH ER PNRA was a beat, stock UP 11.17%

AH ER EXPE was a miss, stock Down 12.38%

AH ER NILE was a miss , stock Down 11.84%

AH Futures Down

AH Asian Markets Down

AH Oil UP

BLOG does NOT give buy or sell.

Saleem

Indices down .24% max......

Indices are showing "strong bull market TAPE" by getting over CSCO ongoing malaise.

Majority of CSCO competitors are moving UP strongly......WOW market can figure this out that CSCO malaise is others gain.....

Gold Down 90 cents

Oil UP 99 cents

Canadian $ Down 11 tick @ 100.48

Portfolio is BAC,FFIV,F,MGM,RIMM,RVBD

Most of the stocks are Down

@ 12.15 following are GREEN :

RVBD,FFIV,RIMM,PLCM,AAPL,CMG,
AMZN,PCLN,CRM,SOHU,ISRG,MA,V,
CREE,TCK,JDSU,CIEN,FNSR,ARUN,
ICE,LULU,NTES,FSLR.....

BLOG does NOT give buy or sell.

Saleem

Wednesday, February 9, 2011

Dow makes another closing HIGH....NICE !!!!

Markets do not want to go down.Dow made another record close.

Other indices were slightly down.

Internals of the market were negative.

Following stocks were green RVBD,PCLN,CMG,AAPL,AMZN,NFLX,
BIDU,SOHU,CCJ,JDSU,FNSR.....

AH ER CSCO beat on Sales & EPS,but its guidance was below consensus due to margin pressure.CSCO Down AH 8.67%..i do not think that CSCO will affect market strength,as majority of tech companies are growing @ rapid clip.

AH ER AKAM guidance was a miss,stock Down 11.13%.

AH ER WFMI was a beat & guide above,stock UP 9.25%

AH Futures Mixed

AH Asian Markets Down

AH Gold Down

AH Oil UP

BLOG does NOT give buy or sell.

Saleem

Less than .37% pullback in Indices....

Indices are dealing with slight overbought condition,negative worldwide stock market & Ben Bernanke testimony.All three are adding to a decline of .37% MAX....not bad @ all.

Gold Down $1.80

Oil Down 32 cents

Canadian $ UP 6 tick @ 100.55

Portfolio is BAC,FFIV,F,MGM,RIMM,RVBD.....

Most stocks are Down...

@ 12.59 following are UP :

RVBD,AAPL,PCLN,AMZN,CMG,NFLX,
BIDU,MOS,POT,AGU,AKAM,CCJ,SOHU,
JDSU,FNSR,SINA,SNDA,ICE,LULU,NDAQ,
NYX....

BLOG does NOT give buy or sell.

Saleem