Monday, August 27, 2007

Monday Stocks to Watch

The market is treading water with the bias toward to the upside after the up reversal on the date the FED reduced the discounted rate lending to banks. I started buying some positions last week as well buying more this week if we can see the buying volume coming back. I think September can be a volatile month with the news of more foreclosures and subprime lending problems. If we can hold at these levels without much downs side retest, we should see the market going higher again.

Stocks worth watching
(BIDU) - mini-google in China with the China market making new highs.
(LFC) - Better than expected premium rise on new contracts.
(STAR) - New high with decent volume in a very good industry sector.
(KOP) - I would buy more at this level. Behaves very well during correction a few weeks ago.

Wednesday, August 15, 2007

Wednesday Stocks to Watch

The market is still in the correction mode. Sellers will appeared any time there is a rally for the market. People are selling into strength in today's market. I would hold off buying until the condition is right for the bulls. In the mean time, there is no stocks for me to watch right now. Keep tight and hope the tidal wave will fade away soon.

Thursday, August 09, 2007

The Market is Very Violatile Now

With market up and down in swing big range swing, it is hard to play it unless you are a good swing trader. I would stay away from the market for now until the dust settles. Keep you cash on the sidelines, and sell whenever you have the opportunities.

Tuesday, August 07, 2007

Is the Market Back?

After several severe down days in the past couple weeks, it came back with over 2% gains on all markets with higher volumes yesterday. The question is "is the market back yet?" So far the market is cooperating with the bulls. I want to see the next few trading session to be less volume on the down days, and more volumes on the upside before commit deeper money into the market. Right now maybe just test the water with very small amount of money. Sit tight and watch.

Wednesday, August 01, 2007

Wednesday Stocks to Watch

After I had my vacation for over 1 week, the market has turned South. The market is in a very serious down turn right now. I would take profits and losses while the market is in bear mode. Don't be greedy, stay away for now until bulls are back.