Which is taking profits today or using bear attacks on stocks ahead of the month of May next week.
But since everyone is doing the samething, the market may behave differently come MAY next week.
ISSI is a derivative play of the current DRAM cycle, as larger competitors like Samsung are unlikely to turn their attention to the specialty side while there is a tight supply of commodity DRAM.
As a result of the tight supply of DRAM, ISSI profit margins are expanding and thus we have ISSI raising its EPS guidance for next qtr by as much as 100% higher from .24 eps to current .44 - .50 eps range.
IBD is Investors Business Daily
They list strong fundamental EPS growth stocks once they reach $15/shr
Its down -$9.28 LOL, yeah talk about an over-reaction on both sides, Longs selling on panic, and greedy bears looking for a free lunch. Both groups will fail. Seen it in the past, and BWLD has managed to rebound each time.
So when solid stocks fall big due to an overall market bloodbath, guess who bounce back the fastest? The same solid stocks that fell big the day before.
DE hits day lows $59.06 down huge.
DD hits $39.31 down -1.63 (P.S. even after beating estimates by a wide margin and boosting higher forecast.
Others down big: DOW, CAT, MOS, POT, SNDK, LRCX, CTXS, FFIV, SBUX
who I decline to name, downgrades CRUS days before earnings and forces people to sell because the stock is falling on an up day, then days later CRUS blows it out of the water. See how it works?
So when you see many stocks down today because of downgrades. [more]
* Opens new manufacturing plant near Moscow [more]
This sector has lagged the S&P in the last 4 months. But planting season is here and that will soon change.
Starting Tuesday with Apr 27 09:00 Case-Shiller 20-city Index (y/y)
Apr 27 10:00 Consumer Confidence
The too big to fail policy gave a huge advantage to the too big to fail banks. The financial reform is suppose to level the playing field.
Thus we have mid-cap and small-cap banks rallying ahead of reform vote, while the large caps are under pressure.
FITB, HBAN, WCBO, FULT, DEAR are some to look at.
The stock took off like a rocket on extreme heavy volume in first 2 hours and hit $11.70's but now has come all the way down to day lows on lighter volume. Seems people are betting against it copying the same results next qtr even though XRX said it will not only copy it but beat this qtr's performance next qtr. [more]
Delcath target raised to $21 at Wedbush following PHP system phase III data (10.85 ) : Wedbush notes last night co reported positive data from Delcath Systems' Percutaneous Hepatic Perfusion (PHP) System Phase III study in patients with melanoma that has metastasized to the liver. Importantly, in addition to the highly positive top-line hPFS data, firm's checks suggest that at ASCO, it can expect to see multiple secondary endpoints that point to a positive clinical benefit to patients, including overall survival trends. Tgt to $21 from $7.50. [more]
Anti-cancer technology extends progression-free survival [more]
Delcath Systems Surges on Phase III Clinical Data
(Reuters) - Asian chipmakers are set to deliver another set of strong results and cement growing views that the global technology sector's recovery is accelerating as an economic recovery boosts corporate and consumer spending. [more]
this mornings gap up open in tech stocks. You can safely buy now as many techs turned red by 10:30am after being well into the green at the open.
Thats how you play the bull market. Wait till the bears get in every morning and then squeeze them out by the end of the day.
What was once resistance 11k on DJIA is now Support.
Thats what happens in a bull market,
Higher highs and higher lows.
April 15th Roche sales up 6% on cancer drugs, top forecasts - Reuters.com (41.20 ) : [more]
NXST, HAST, LEE, JRN, NYT, GCI [more]
IBM reports earnings tonight. Then we have AAPL which should give an update on iPad sales.
Banks theme is quickly becoming "crush estimates"
sidelines with the rest of the retail people that missed it in 2009. [more]
For the massive losses they incurred at the hands of all the Scam mortgages that were given PMI insurance.
It spells good news for investors, at least someone is watching over investors interest.
Securities and Exchange Commission charged Goldman, Sachs & Co. and one of its vice presidents for defrauding investors by misstating and omitting key facts about a financial product tied to subprime mortgages
Helix Energy Seeks to Sell Oil and Gas Business at The New York Times (Tue, Mar 9)Based on what ME was able to get for its OIL & Gas , HLX is poised to get a major deal on its own Oil & Gas business.
Techs reflect on decade since dotcom boom
By John Authers and Michael Mackenzie in New York [more]
China's economy grew about 11.9% in the first quarter from a year earlier, topping expectations and expanding at the fastest annual pace in nearly three years, according to two market sources. Consumer price inflation in March was roughly 2.4%, one of the sources said.
Its gonna be pretty hard to duplicate last qtrs numbers.
Color for Clunkers printer trade-in program [more]
interesting that I got 100% gains in RNN but I started it at $3.56 and its at $3.51 right now? How did I get 100% gains?
This statement was on Bloomberg radio this morning.
CIDM Chinese stock Skyrockets.. Date: 4/8/10 4:10 PM
Cinedigm Announces Agreement With Rave Motion Pictures for Phase 2 Deployment Program Marketwire (Wed 8:30am) [more]
The chinese Index is up over .55% [more]
Chinese Coal stocks strong today and are about to turn Green on the day. [more]
APRIL 8, 2010 EOG Resources Shifts Its Focus to Finding Oil Independent Natural-Gas Aims to Shed Some Assets to Fund Exploration, Places Hope in Drilling Techniques
BY JASON WOMACK [more]
Shorts scrambling like rats to cover their holes.
China Energy Corp. Reports Financial Results for Fourth Quarter and 2009 Fiscal Year- Fourth quarter 2009 revenue up approximately 300% to $21.9 million; net income $6.6 million
- Fiscal-year 2009 revenue up 110% to $41.7 million; net income $5.1 million
- Fiscal-year 2009 cash flow from operations of $13.2 million
- Mine expansion and improvement program completed in August 2009 contributed to Q4 2009 gains and will contribute to 2010 growth Press Release Source: China Energy Corporation On Monday March 29, 2010, 7:00 am EDT
HOHHOT CITY, Inner Mongolia, China, March 29 /PRNewswire-Asia-FirstCall/ -- China Energy Corporation (OTC Bulletin Board:CHGY.ob - News), ("China Energy" or "the Company"), a leading Inner Mongolia producer and processor of raw coal for domestic heating, electrical generation, and coking purposes for steel production in the People's Republic of China, announced financial results for the fourth quarter and fiscal year 2009. [more]
ARO raises to .44 from .41 [more]
Stocks slipped Wednesday after a senior Fed member said policy makers should start raising rates to 1 percent soon. Stocks had been lower for much of the day but pared some of their losses after the 10-year Treasury auction was met with strong demand. [more]
Most likily at 3pm on a big down day he is buying shares of companies during a bull run. Unless of course your one of the unlucky people to invest in a hedge fund that is underperforming during this bull run.
In that case I would fire them.
not with rates staying at record low levels for an extended period of time per the fed. [more]
In a Bear market the strategy is to sell on all up days in the market. [more]
An 8.2% surge is near record increase in existing home sales. Thus we have banks surging even in a down market day. [more]
Here is my post from the past:
JOEZ Jeans on its way to a Triple, Opening 9 new stores to bring total to 15
February 11, 2010 – Comments (1) | RELATED TICKERS: JOEZ [more]