Saturday, February 28, 2009

BUY rated stocks for a very troubled markets!!!

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

VPRT,TLEO,TCLP,SEP,LKQX,DTSI,CVTX,BCSI,
CY,TRA,IOC,CQP.

Next post by 10AM Sunday.

BLOG does NOT give buy or sell.

Saleem

Technically STRONG stocks for a very troubled markets!!!

Following stocks are showing technical strength based on various formations.Please do your OWN due diligence by checking FA/TA/TAPE.

NTES,OZRK,IMO,PNK,GVA,VMED,VISN,
TTM,BEBE,BKS,CRM.

BLOG does NOT give buy or sell.

Saleem

Technically WEAK stocks for a very troubled markets!!!

Following stocks are showing technical weakness based on various formations.Please do your OWN due diligence by checking FA/TA/TAPE.

GMXR,ATMI,FMCN,JAS,NVTL,ADM,SHI,PCP,
CAL,GES,PNRA,SNP.

BLOG does NOT give buy or sell.

Saleem

Friday, February 27, 2009

Only Nasdaq above bear intraday Low......

Dow & S&P500 have slumped to bear lows in front of relentless selling....

Nasdaq is the only index which is above intraday low by 76.94 points @ its low of the day.....

C,GDP & GE news all played into loss of confidence of any meaningful recovery anytime soon.....

Is it as bleak as it can get???

Next week either stock market fight its way above doom & gloom or we go to new lows???

Even in today's slump some green close included:

IAG,IPI,RIMM,AAPL,FSLR,BIDU,GOOG,MA,V,
NDN,LULU,GNK.

By 10 AM Saturday I will list technically weak/strong/buy rated stocks.

BLOG does NOT give buy or sell.

Saleem

Nasdaq GREEN......

Markets are fighting their way back from RED @ open...Nasdaq is the strongest & showing GREEN....

Citi news plunged the market sentiment into sell mode.....but..as we are deeply oversold & have discounted C news already...selling was more of a knee jerk reaction @ open.....

GOLD UP $8...

Oil Down $2.07....

@ 12.13 following are green in my watch list :

IAG,RIMM,NVDA,WFR,V,POT,BRCD,CTRN,
MA,BIDU,FSLR,SNE,GOOG,FWLT,AAPL,MON,
AGU,IPI,GNK.

BLOG does NOT give buy or sell.

Saleem

Thursday, February 26, 2009

Budget politics/posturing caused selling....

Markets are being bogged down by political grandstanding AGAIN......

Those who messed up this economy for a long time are claiming moral high ground by having an attitude of "JUST SAY NO"....

Markets were expecting a national consensus on dealing with "horrendous economic challenges"..BUT we have a consensus of "0" on the other side.....

Dell ER AH was a beat on EPS but a miss on sales....UP 14 cents AH near 52 wk low.....

SNDA beats on EPS & Sales but UP 39 cents AH.....NTES beat last night did not do anything for stock today....

Expecting markets to close green for Friday...as we are TRYING to build a base ...near lows

VIX @ 44.66....almost flat @ close.....

Only GOLD stocks seems to have buying conviction....

BLOG does NOT give buy or sell.

Saleem

Markets digesting Obama budget details...

Markets trying to figure out the implications of budget details.....

High income will pay for health care reform.....

Gold Stocks found support after huge runup.....

Oil UP $1.74

@ 12.26 following are green in my watch list:

PMCS,NVDA,NDAQ,NYX,MON,POT,IPI,
GOOG,BIDU,GS,IAG,GG,KGC,GNK,LVS,
XLF,TM,WFR,ICE,YHOO,CCJ,WYNN,
SOHU,FWLT.

BLOG does NOT give buy or sell.

Saleem