Following stocks are showing technical strength based on various formations.Please do your OWN due diligence by doing FA/TA and checking recent tape action.
DNN,QUA.TO,HDIX,SEPR,ALNY,AZN,BVN,
PRGO,BABY,SGP,GSK,STJ.
BLOG does NOT give buy or sell.
Saleem
Saturday, July 5, 2008
Technically WEAK stocks for "Bear Market RALLY "
Following stocks are showing technical weakness based on various formations.Please do your OWN due diligence by doing FA/TA & checking recent tape action.
EFUT,CHL,TCK,PKX,PBI,BX,CMG,PAL,MSO,
CLWR,OSTK,ELON,AKAM,SCHN,NBL,BRCM,
STX,NRG,PDS.
BLOG does NOT give buy or sell.
Saleem
EFUT,CHL,TCK,PKX,PBI,BX,CMG,PAL,MSO,
CLWR,OSTK,ELON,AKAM,SCHN,NBL,BRCM,
STX,NRG,PDS.
BLOG does NOT give buy or sell.
Saleem
Friday, July 4, 2008
SOL closed UP 3.19% Friday on London Stock Exchange $$$
SOL which trades under the symbol SOLA.L closed UP 3.19% on Friday almost near HIGH of the day.....on London Stock Exchange
SOL close was equivalent to US$14.24......
Looks like selling in SOL has dried up.....
Volume was 287600......
BLOG does not give buy or sell.
Saleem
SOL close was equivalent to US$14.24......
Looks like selling in SOL has dried up.....
Volume was 287600......
BLOG does not give buy or sell.
Saleem
Thursday, July 3, 2008
Dow & S&P 500 Green...Nasdaq Red......
Markets gave a mixed close with declining stocks leading advancing stocks......
Oil remained a huge negative for economy & markets.......unless Oil cracks markets will remain in doldrums.....
Oil closed @ record HIGH after touching $146......MS target was $150 by July 4th.....As world stock markets are open on Friday.....we MAY see another SPIKE in Oil either in Asia or London.
In my portfolio :
AAPL rating 75/80 target $182.15.....
SOL rating 80/95 rated for a "breakout" @ $13.26 for a target of $16.52.....
All solar stocks tried to go green but Oil forced markets to close weaker than earlier highs.....JASO,STP,TSL,FSLR,SPWR,ESLR closed green...a nice start !!!!!
Next Post by 10AM Saturday when I will list technically weak/strong & buy rated stocks..
Hope you have a nice time with family & friends during independence day long weekend !!!!
BLOG does NOT give buy or sell.
Saleem
Oil remained a huge negative for economy & markets.......unless Oil cracks markets will remain in doldrums.....
Oil closed @ record HIGH after touching $146......MS target was $150 by July 4th.....As world stock markets are open on Friday.....we MAY see another SPIKE in Oil either in Asia or London.
In my portfolio :
AAPL rating 75/80 target $182.15.....
SOL rating 80/95 rated for a "breakout" @ $13.26 for a target of $16.52.....
All solar stocks tried to go green but Oil forced markets to close weaker than earlier highs.....JASO,STP,TSL,FSLR,SPWR,ESLR closed green...a nice start !!!!!
Next Post by 10AM Saturday when I will list technically weak/strong & buy rated stocks..
Hope you have a nice time with family & friends during independence day long weekend !!!!
BLOG does NOT give buy or sell.
Saleem
Green,Green,Green is the colour in markets.....
Markets went Red on all indices after GREEN open......then back UP to green area !!!!
Was that deep red today was a RETEST of support /double bottom or more pain to follow...hard to tell in this WEAK economic environment.....
It will be WISE to stay in the market than out....in solid high growth companies.....trust me they DO EXIST......
S&P 500 low today was 1252.01 lower than 52 week low of 1256.98?????
In my portfolio :
SOL Down 22 cents after being down another $1.68 to $12.02 ?????
AAPL UP $2.73
@ 11.45 AM the following on my watch list are green :
DRYS,RIMM,JNPR,JASO,TKC,YHOO,WYNN,BIDU,
SOHU,SPWR,FSLR,ISRG,SONY,AMZN,GOOG,GS,
STP,X.
BLOG does NOT give buy or sell.
Saleem
Was that deep red today was a RETEST of support /double bottom or more pain to follow...hard to tell in this WEAK economic environment.....
It will be WISE to stay in the market than out....in solid high growth companies.....trust me they DO EXIST......
S&P 500 low today was 1252.01 lower than 52 week low of 1256.98?????
In my portfolio :
SOL Down 22 cents after being down another $1.68 to $12.02 ?????
AAPL UP $2.73
@ 11.45 AM the following on my watch list are green :
DRYS,RIMM,JNPR,JASO,TKC,YHOO,WYNN,BIDU,
SOHU,SPWR,FSLR,ISRG,SONY,AMZN,GOOG,GS,
STP,X.
BLOG does NOT give buy or sell.
Saleem
Europe hikes rate,Job loss 62K ..US$ & Futures UP $$$$
We got stream of news from Europe & US....
ECB hikes rate by .25%...
Job loss in US 62,000.....
Job losses revised UP for May....
Unemployment claims UP....
So what IS the effect of all of the above in markets:
US$ UP
Futures UP
Why...????
ECB rate increase was already in the US$ & Markets & Job loss came as expected......
As markets were deeply OVERSOLD.....so we move UP today !!!!
"GREEN IS GOOD"
BLOG does NOT give buy or sell.
Saleem
ECB hikes rate by .25%...
Job loss in US 62,000.....
Job losses revised UP for May....
Unemployment claims UP....
So what IS the effect of all of the above in markets:
US$ UP
Futures UP
Why...????
ECB rate increase was already in the US$ & Markets & Job loss came as expected......
As markets were deeply OVERSOLD.....so we move UP today !!!!
"GREEN IS GOOD"
BLOG does NOT give buy or sell.
Saleem
Wednesday, July 2, 2008
Dow & Nasdaq in "bear market"......
Dow & NASDAQ succumbed to relentless selling by closing in "bear market"
This is NOT a good news.......
This means that we go lot LOWER ...Dow 10,000 area CAN be a reality......
I MAY start a different strategy....I MAY sell into ANY RALLY......
In my portfolio :
AAPL rating 60/85 target $182.25
SOL rating 80/95 target $18.87
Today was a major CRACK in steel,Coal,Ag,Oil,Gas stocks.....a sign that we MAY have started a bottoming process......
NVDA warned AH down almost $5.....
BLOG does NOT give buy or sell.
Saleem
This is NOT a good news.......
This means that we go lot LOWER ...Dow 10,000 area CAN be a reality......
I MAY start a different strategy....I MAY sell into ANY RALLY......
In my portfolio :
AAPL rating 60/85 target $182.25
SOL rating 80/95 target $18.87
Today was a major CRACK in steel,Coal,Ag,Oil,Gas stocks.....a sign that we MAY have started a bottoming process......
NVDA warned AH down almost $5.....
BLOG does NOT give buy or sell.
Saleem
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