Markets are showing resiliency by closing green all over.......
Markets had every reason to go down due to highest jobless claims & testimony on BSC disaster...but we showed green @ close......
RIMM stole the show today as many analyst increased RIMM stock price target......Cannacord Adams analyst upped the target on RIMM to a stunning $180.......most others are between $160 to $165.......
In my portfolio :
BRCM rating 40/30 target $24.88
EGO rating 65/30 target $7.71
JNPR rating 40/80 target $27.27
RIMM rating 0/30 target $134.83
TOL rating 20/30 rated for a "breakout" @ $25.26 for a target of $27.64
In other stocks :
NVDA rating 40/80 target $22.42
COIN rating 60/55 target $12.05
Strong stocks were LDK,CSIQ,FSLR,MA,BIDU,V,AAPL,LULU,VMW,LRCX,POT,MON,MOS,
AGU,DRYS,MR.....
MOS reports before open.....AG stocks will trade based on its report !!!!
Jobs report @ 830 AM expectations of loss of 50,000 jobs???
BLOG does NOT give buy or sell.
Saleem
Thursday, April 3, 2008
407K in jobless claims got a big YAWN from markets ????
Markets are giving a big "yawn" to 407,000 jobless claims..highest level since Sep 2005 30 months ago.......
Why the markets are NOT tanking 400 points to this historic HIGH in jobless claims......????
Because......
It is NOT a surprise to anybody or their brother-in-law........
Markets hate surprise......there was "no surprise in these numbers"????
Because......
Fed Chief Ben Bernanke told the whole world on wed that "US may CONTRACT in first half...contract means Negative growth in GDP"
Based on the above testimony.....Friday's Jobs report is a "non event".....so I think !!!!
Markets are on SOLID "sound base...after discounting DEEP recession"
Focus should be on what to BUY or SELL instead of following MB bashers or pumpers who are NOT very good in timing anything or have any clue about the direction of any stock or markets ..because they give NO facts just opinions...anyone who spends so much time on writing "nonsense...does NOT have time to do any QUALITY research"
So...we are back to FA/TA on many stocks...& tape tells you the real strength of many stock @ any given moment!!!!
So...spend the time WISELY and listen to your OWN homework !!!!!
In my portfolio :
Sold JASO & booked profit of $1.69 per share
Bought TOL @ $23.69
So my portfolio is BRCM,EGO,JNPR,RIMM,TOL........
BRCM UP 54 cents
EGO UP 21 cents
JNPR Down 40 cents (Down in sympathy with CSCO downgrade this AM)
RIMM UP $6.33 target raised by Lehman $145,Oppenheimer $150,Thomas Weisel $150 & UBS to $165.......
TOL UP 24 cents ..I am UP 80 cents.....
@ 11.30 AM the following are green :
COIN,SOLF,LDK,LULU,APPL,SNDK,VMW,POT,ICE,V,WYNN,
MA,NYX,DRYS,FWLT,PIR,CSIQ,LRCX.
BLOG does NOT give any buy or sell.
Saleem
Why the markets are NOT tanking 400 points to this historic HIGH in jobless claims......????
Because......
It is NOT a surprise to anybody or their brother-in-law........
Markets hate surprise......there was "no surprise in these numbers"????
Because......
Fed Chief Ben Bernanke told the whole world on wed that "US may CONTRACT in first half...contract means Negative growth in GDP"
Based on the above testimony.....Friday's Jobs report is a "non event".....so I think !!!!
Markets are on SOLID "sound base...after discounting DEEP recession"
Focus should be on what to BUY or SELL instead of following MB bashers or pumpers who are NOT very good in timing anything or have any clue about the direction of any stock or markets ..because they give NO facts just opinions...anyone who spends so much time on writing "nonsense...does NOT have time to do any QUALITY research"
So...we are back to FA/TA on many stocks...& tape tells you the real strength of many stock @ any given moment!!!!
So...spend the time WISELY and listen to your OWN homework !!!!!
In my portfolio :
Sold JASO & booked profit of $1.69 per share
Bought TOL @ $23.69
So my portfolio is BRCM,EGO,JNPR,RIMM,TOL........
BRCM UP 54 cents
EGO UP 21 cents
JNPR Down 40 cents (Down in sympathy with CSCO downgrade this AM)
RIMM UP $6.33 target raised by Lehman $145,Oppenheimer $150,Thomas Weisel $150 & UBS to $165.......
TOL UP 24 cents ..I am UP 80 cents.....
@ 11.30 AM the following are green :
COIN,SOLF,LDK,LULU,APPL,SNDK,VMW,POT,ICE,V,WYNN,
MA,NYX,DRYS,FWLT,PIR,CSIQ,LRCX.
BLOG does NOT give any buy or sell.
Saleem
Wednesday, April 2, 2008
RIMM beats by 2 cents and blowout higher guidance !!!!
RIMM as usual beat Q4 ER by 2 cents and sales higher than high end of guidance......
So...RIMM beats consensus Sales & EPS.......great for an environment which is as tough as it IS...
RIMM'S guidance for Sales & EPS was WAY ahead of highest estimate by any analyst......
RIMM is guiding sequentially much higher than 72 cents EPS in Q4 just reported
Guidance for Q1 is Sales $2.23 Billion to $2.30 Billion
Guidance for Q1 EPS is 82 cents to 86 cents.......
AH RIMM is UP $5 from close......
Expect many upgrades & increase in RIMM'S stock target price before open Thursday !!!!
In my portfolio :
BRCM rating 50/30 target $22.75
EGO rating 40/45 target $7.96
JASO rating 5/30 rated for a "breakout" @ $21.26 for a target of $24.25
JNPR rating 75/80 target $25.72
RIMM rating 10/30 target $125.11..next target is $134.83
In other stocks :
COIN rating 50/90 target $12.23
TOL rating 10/30 rated for a "breakout" @ $24.40 for a target of 26.64
All solar were strong today.....LDK had a supply agreement AH in India for 10 years....UP almost $6......STP,FSLR,SPWR,SOLF,CSUN,CSIQ were strong
BIDU,X,ICE were strong.......
BLOG does NOT give buy or sell.
Saleem
So...RIMM beats consensus Sales & EPS.......great for an environment which is as tough as it IS...
RIMM'S guidance for Sales & EPS was WAY ahead of highest estimate by any analyst......
RIMM is guiding sequentially much higher than 72 cents EPS in Q4 just reported
Guidance for Q1 is Sales $2.23 Billion to $2.30 Billion
Guidance for Q1 EPS is 82 cents to 86 cents.......
AH RIMM is UP $5 from close......
Expect many upgrades & increase in RIMM'S stock target price before open Thursday !!!!
In my portfolio :
BRCM rating 50/30 target $22.75
EGO rating 40/45 target $7.96
JASO rating 5/30 rated for a "breakout" @ $21.26 for a target of $24.25
JNPR rating 75/80 target $25.72
RIMM rating 10/30 target $125.11..next target is $134.83
In other stocks :
COIN rating 50/90 target $12.23
TOL rating 10/30 rated for a "breakout" @ $24.40 for a target of 26.64
All solar were strong today.....LDK had a supply agreement AH in India for 10 years....UP almost $6......STP,FSLR,SPWR,SOLF,CSUN,CSIQ were strong
BIDU,X,ICE were strong.......
BLOG does NOT give buy or sell.
Saleem
Markets "on hold" for Ben Bernanke testimony/Q&A !!!
Markets are trying to figure out what Ben Bernanke is "trying to say"
Risk of recession was highlighted by BB.......
NASDAQ is showing relative strength by hanging on to green.......
In my portfolio :
Sold TOL and booked a gain of $2.28 per share.....
Sold PIR and booked a gain of $1.17 per share a whopping 19.4% gain in 4 days......
Bought JNPR cost $25.05
Bought more BRCM my cost went UP to $20.20
Bought JASO cost $18.77
My portfolio is BRCM,EGO,JASO,JNPR,RIMM......
BRCM UP 14 cents
EGO UP 19 cents
JASO UP $1.44
JNPR down 85 cents...I am down 12 cents....
RIMM UP $1.92
@11.44 AM the following are green :
SOHU,CMED,LULU,AAPL,LDK,TSL,C,SOLF,POT,ICE,FMCN,
CTRP,WYNN,BIDU,LVS,NYX,NMX,VLO,ABX,AUY,SPWR,
FSLR,AMZN,GOOG.
BLOG does NOT give buy or sell.
Saleem
Risk of recession was highlighted by BB.......
NASDAQ is showing relative strength by hanging on to green.......
In my portfolio :
Sold TOL and booked a gain of $2.28 per share.....
Sold PIR and booked a gain of $1.17 per share a whopping 19.4% gain in 4 days......
Bought JNPR cost $25.05
Bought more BRCM my cost went UP to $20.20
Bought JASO cost $18.77
My portfolio is BRCM,EGO,JASO,JNPR,RIMM......
BRCM UP 14 cents
EGO UP 19 cents
JASO UP $1.44
JNPR down 85 cents...I am down 12 cents....
RIMM UP $1.92
@11.44 AM the following are green :
SOHU,CMED,LULU,AAPL,LDK,TSL,C,SOLF,POT,ICE,FMCN,
CTRP,WYNN,BIDU,LVS,NYX,NMX,VLO,ABX,AUY,SPWR,
FSLR,AMZN,GOOG.
BLOG does NOT give buy or sell.
Saleem
Tuesday, April 1, 2008
Nasdaq was strong...closed UP 83.65 +3.67%
Markets ran UP on major improvement in sentiments towards financials.....
Financials were among the best movers including LEH,C,GS,MA...
Today was a broadbased rally where Techs,Home builders,Retails also participated.....
Lot of traders were getting ready to write this rally off based on past history......
It will be a mistake to take a position against the positive fundamentals of this rally...technically also this rally has gone through resistance on all indices...so there IS a FAIR chance of this rally going "further UP"
If your portfolio did NOT match the return of NASDAQ as minimum...then you need to re-evaluate the wisdom of keeping certain stocks.....unless you are absolutely convinced as to WHY...
In my portfolio :
BRCM rating 45/30 target $22.81
EGO rating 45/70 target $7.63
PIR rating 40/30 rated for a "breakout" @ $6.90 for a target of $7.95
RIMM rating 5/30 target $125.11...reports AH wed...expect in-line Q with higher guidance !!!
TOL rating 25/30 "confirmed breakout @ $24.41" target $26.87
In other stocks :
JNPR rating 45/40 target $26.74
COIN rating 45/85 target $11.83
Strong stocks were ISRG,GOOG,BIDU,X,QLD,AAPL,GS,LULU(reports before open),
FSLR,ICE,SOHU,NYX,NMX,ACH,LFC......
BLOG does NOT give buy or sell.
Saleem
Financials were among the best movers including LEH,C,GS,MA...
Today was a broadbased rally where Techs,Home builders,Retails also participated.....
Lot of traders were getting ready to write this rally off based on past history......
It will be a mistake to take a position against the positive fundamentals of this rally...technically also this rally has gone through resistance on all indices...so there IS a FAIR chance of this rally going "further UP"
If your portfolio did NOT match the return of NASDAQ as minimum...then you need to re-evaluate the wisdom of keeping certain stocks.....unless you are absolutely convinced as to WHY...
In my portfolio :
BRCM rating 45/30 target $22.81
EGO rating 45/70 target $7.63
PIR rating 40/30 rated for a "breakout" @ $6.90 for a target of $7.95
RIMM rating 5/30 target $125.11...reports AH wed...expect in-line Q with higher guidance !!!
TOL rating 25/30 "confirmed breakout @ $24.41" target $26.87
In other stocks :
JNPR rating 45/40 target $26.74
COIN rating 45/85 target $11.83
Strong stocks were ISRG,GOOG,BIDU,X,QLD,AAPL,GS,LULU(reports before open),
FSLR,ICE,SOHU,NYX,NMX,ACH,LFC......
BLOG does NOT give buy or sell.
Saleem
Markets are UP 2.09%++
Markets are on a roll......
Markets are taking a cue to move UP from all writedowns & equity funding by UBS & LEH.....
Markets are giving signal that worse is behind us in sub-prime mess......
Nice to see "green" all over !!!
In my portfolio :
Sold NVDA & booked a gain of $1.45 per share
Bought EGO cost $6.65.....gold touched my support level and this is among the lowest cost producer of Gold @ $877 @ last check........
Bought BRCM again cost $19.87......
My portfolio is BRCM,EGO,PIR,RIMM,TOL
In my portfolio :
BRCM UP 78 cents ..I am UP 18 cents
EGO down 7 cents..I am UP 10 cents
PIR UP 42 cents
RIMM UP $3.33
TOL UP 80 cents
@11.39 AM the following are green :
NVDA,POT,CSIQ,AAPL,QQQQ,QLD,XLF,LDK,C,SNDK,
VMW,TKC,ICE,V,IGT,FMCN,CTRP,WYNN,MA,BIDU,
LVS,SOHU,NYX,NMX,VLO,TSO,SPWR,FSLR,ISRG,
SNE,AMZN,IFN,DRYS,GOOG,FWLT,EWY,GS.
BLOG does NOT give buy or sell.
Saleem
Markets are taking a cue to move UP from all writedowns & equity funding by UBS & LEH.....
Markets are giving signal that worse is behind us in sub-prime mess......
Nice to see "green" all over !!!
In my portfolio :
Sold NVDA & booked a gain of $1.45 per share
Bought EGO cost $6.65.....gold touched my support level and this is among the lowest cost producer of Gold @ $877 @ last check........
Bought BRCM again cost $19.87......
My portfolio is BRCM,EGO,PIR,RIMM,TOL
In my portfolio :
BRCM UP 78 cents ..I am UP 18 cents
EGO down 7 cents..I am UP 10 cents
PIR UP 42 cents
RIMM UP $3.33
TOL UP 80 cents
@11.39 AM the following are green :
NVDA,POT,CSIQ,AAPL,QQQQ,QLD,XLF,LDK,C,SNDK,
VMW,TKC,ICE,V,IGT,FMCN,CTRP,WYNN,MA,BIDU,
LVS,SOHU,NYX,NMX,VLO,TSO,SPWR,FSLR,ISRG,
SNE,AMZN,IFN,DRYS,GOOG,FWLT,EWY,GS.
BLOG does NOT give buy or sell.
Saleem
Futures pointing to a "strong day in markets"
Futures are UP 8 on S&P 500.......
Futures are extremely encouraging as today IS the start of a new month & new Q.....
In base building mode markets frustrates both "bulls & bears"
New money should flow in markets in this new Q......
UBS writedown & loss is being viewed by markets as the beginning of the end of this sub-prime mess......
UBS & LEH are shoring UP their balance sheet with billions.....good sign for financials as they will be healthy going forward.....
Strong stocks should lead this upswing today......
US$ is strong......
Gold is down below $900....next support is $880 area
Oil is staying @ lower levels
All this should lead to building confidence in the stock market......
Important ER this week are :
MON Wed before open
LULU Wed before open
RIMM after close Wed
MOS Fri before open
Good luck for longs @ open !!!!
BLOG does NOT give buy or sell
Saleem
Futures are extremely encouraging as today IS the start of a new month & new Q.....
In base building mode markets frustrates both "bulls & bears"
New money should flow in markets in this new Q......
UBS writedown & loss is being viewed by markets as the beginning of the end of this sub-prime mess......
UBS & LEH are shoring UP their balance sheet with billions.....good sign for financials as they will be healthy going forward.....
Strong stocks should lead this upswing today......
US$ is strong......
Gold is down below $900....next support is $880 area
Oil is staying @ lower levels
All this should lead to building confidence in the stock market......
Important ER this week are :
MON Wed before open
LULU Wed before open
RIMM after close Wed
MOS Fri before open
Good luck for longs @ open !!!!
BLOG does NOT give buy or sell
Saleem
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