Saturday, May 31, 2008

Buy Rated stocks for "Upcoming Summer Rally " $$$

Following stocks are flashing buy signal.Please do your own FA/TA.Always use stop.

AAPL,BOOM,BUCY,BRCM,CRUS,CSCO,CTRN,ENER,FFIV,
FTEK,MRVL,NTGR,NVDA,RVBD,XLNX,SNE,STX,V,MON,
HMC,CKP.

Next post Sunday 10AM.

BLOG does NOT give buy or sell.

PS...mother has regained post-operative consciousness....will speak to her 10 AM Houston time.

Saleem

Technically STRONG stocks for "Upcoming Summer Rally " $$$

Following stocks are showing technical strength based on various formations.Please do your own FA/TA.Always use stop.

ISRG,NVLS,ROK,ACOR,WIT,RFMD,AMAT,CDNS,CPHD,
HNZ,EXPE,FEIC,UEX.TO,UUU.TO,RCI.A.TO.

BLOG does NOT give buy or sell.

Saleem

Technically WEAK stocks for "Upcoming Summer Rally " $$$

Following stocks are showing technical weakness based on various formations.Please do your own FA/TA .Always use stop.

VSE,HOKU,DLLR,DBA,FSLR,TIVO,VIA,TEN,ADM,TTM,FDP.

BLOG does NOT give buy or sell.

Saleem

Friday, May 30, 2008

S&P 500 closed @ 1400.38 !!!!

S&P 500 closed @ 1400.38 above key resistance level.......

NASDAQ was the strongest index UP 14.34......

Solar stocks came back after German subsidy reduction was less than feared.....

AH SOL announced 8.1 million share secondary offering which will increase TOS by 13.6%..a small dilution...SOL down $1.58 from close.... erasing most of its RUNUP today....

In my portfolio :

AAPL rating 55/75 target $203.68

RIMM rating 45/80 rated for a "breakout" @ $143.78 for a target of $159.60

SOL NO TA......AH tape after secondary offering may RETEST its LOW from Thursday in Monday's trading.....

Strong stocks were FSLR,SWR,STP,SOLF,JASO,TSO,V,FMCN,ISRG,GOOG,
SAY,QLD,NCTY,SNDA,LDK,LVS,X,ACH,ABX.....

10AM Saturday...I will post a list of technically weak/strong & buy rated stocks.

BLOG does NOT give buy or sell.

PS....mother is in ICU ..expect her to come out of Anaesthesia effect by 9PM Houston time..everything went well as per surgeon's feedback...thanks for your concern for her...meant a lot to me.

Saleem

Nasdaq strong...thanks to MRVL & DELL !!!!

NASDAQ is showing strength as earnings from MRVL & DELL came better than expected.....

Solar is getting TRACTION & ATTENTION as German changes in subsidy are minor tweaks till 2010.....

US$ is strong today...I have been betting for US$ strength against Canadian $ for several months..for most part it has worked as I converted near TOP of Canadian $ strength which was $1.10 now it is $1.0064 today..in other words US 1.0064 required to buy 1 Canadian $....

In my portfolio :

AAPL UP $1.77

RIMM UP 93 cents

SOL UP $1.57

@11.21 AM the following are green :

MRVL,DELL,BRCM,NVDA,MA,V,FSLR,SPWR,TSL,JASO,CSIQ,
SOLF,WFR,LDK,POT,CTRN,JRCC,CCJ,SOHU,VLO,ABX,SE,
AMZN,GOOG,DRYS,FWLT,SAY,GS,SNDA,NCTY,STP,X,ACH...

BLOG does NOT give buy or sell.

PS...Mother went for surgery @ 845 AM Houston time ...will take 3.5 hrs to 4.5 hrs till it is completed..Thanks to Minaccess,Ds,Madmax & many others who are hoping for a speedy recovery.....

Saleem

Thursday, May 29, 2008

Markets ended green...Internals Strong !!!!

Markets ended green all over and internals were leading higher....

New Highs led on both NYSE & NASDAQ.....

Solar took it on the chin "big time" after report of reduction in German subsidies.....

European Solar stocks also got downgraded including Q-Cell......

In my portfolio :

AAPL rating 45/80 target $203.94

RIMM rating 55/50 ratef for a "breakout" @ $143.90 for a target of $158.90

SOL...No TA....Slumped 11.34% after showing relative strength earlier in AM....

Strong stocks were SOHU,MA,V,QLD,LULU,DUG,GS,ISRG,GOOG,NYX,
ICE,GRMN,VMW,SINA......

AH MRVL blew away estimates and guiding HIGHER

AH DELL operating margin improved stock HIGHER

BLOG does NOT give buy or sell.

Saleem

Oil data bullish ..but Oil going down..good for Stocks !!!

Oil data came in bullish with a bigger draw down and flattish refinery utilization....all bullish for Oil.....but surprisingly Oil is going down......Has Oil peaked????

Stocks are moving gradually higher from oversold conditions.....

Solar stocks are taking a beating as Merrill Lynch gave a sell to ESLR & SPWR due to expected reduction in German subsidies......

In my portfolio :

Sold PMCS & booked a gain of 20 cents per share.....

Bought 66% more SOL..my cost went down to $26.95....

My portfolio is AAPL,RIMM,SOL......only 3 stocks ....a change in strategy of more concentrated position...let us see how this works out !!!!

AAPL down 50 cents

RIMM UP $1.25

SOL down 40 cents

@ 11.38 AM the following are green :

BRCM,CMED,V,MA (on reaffirming of sales growth),VMW,
POT,CTRN,ICE,WYNN,LVS,SOHU,NYX,ISRG,SNE,AMZN,
GOOG,GS,SINA.

BLOG does NOT give buy or sell.

Saleem