Tuesday, September 16, 2008

SIRIUS XM RADIO INC (SIRI)-- bottoming out?

SIRIUS XM RADIO INC(NasdaqGS: SIRI)
one of the best "Reverse buy" signals. Stoploss at today's low price.



Sirius XM Radio, Inc. provides satellite radio services in the United States. It offers commercial-free music channels that provide a selection of music genres, such as rock, pop, hip-hop, country, dance, jazz, Latin, and classical; and channels of sports, news, talk, entertainment, traffic, weather, and data content. As of March 31, 2008, the company offered a programming lineup of 69 channels of commercial-free music; 54 channels of sports, news, talk, and entertainment; and 11 channels of traffic and weather, as well as informational data services. It served approximately 8,644,319 subscribers. In addition, the company sells radios and accessories for use in cars, trucks, homes, offices, boats, or other locations primarily through automakers, consumer electronics retailers, and mobile audio dealers, as well as through its Web site. Further, it provides SIRIUS Internet Radio, an Internet-only version of its service. The company, formerly known as Sirius Satellite Radio, Inc., was founded in 1990 and is headquartered in New York, New York.

Thursday, September 11, 2008

Some stocks to buy today AAPL, XLK, GOOG, WLP, SAP, MEDX

XLK: 1st time, the signal failed. But within 3 days, here is second strong reversal signal, and that too with high volume.

For stock price watchers, today is a significant day. Most stocks and indexes opened very weak (no surprise looking at the negative sentiment these days) but during the market session, they have shown a nice rebound and close above previous day's High prices. Volume was also very nice.
To me this shows that there was nice buying by informed sources. Dollar is strong, Oil is dropping, stock prices are attractive, Mortgage rates have dropped significantly. So if you put aside the FNM, FRE story, looks like some circles are taking this opportunity to get into market. There is no inside information I am talking about here. This is what prices are telling me today.

Look at the chart of Google. It is a nice U TURN (Buy) signal.


XLK- select spider- U TURN with nice jump in volume

APPL, Apple, same story: Nice reversal today.


so keep an eye on today's reversals with stoploss at today's low price.

Some other stocks showing rebound are SBUX, Airline stocks, LULU, SAP, MSFT, YHOO, WLP, MEDX...


DIA- SPY- major ETFs are showing a complete Trend Reversal today

On Sep 5th we had a REVERSE buy signal. That lows are not broken and today we have our favorite U TURN Buy signal. The market opened lower but it managed to close strong.
This just shows that despite negative sentiment, there was very good bottom fishing/purchasing in the market.
So IMO it is time to ride the market with stop loss at Sep 5th Lows.


DIA- SPY- major ETFs are showing a complete Trend Reversal today

Friday, September 5, 2008

Is Dow Jones a good buy? (NYSE: DIA, SPY)

Is Dow Jones and S&P a good buy? These are market indicators. If they are telling something, it is a likely trend reversal from prices as of this moment.

Today there is a nice reversal taking place right at this moment (Sep 5, 2008). This is a RESTART Buy signal so long positions can be taken with stoploss at today low price.





Is Dow Jones a good buy? Today there is a nice reversal taking place right at this moment (Sep 5, 2008). This is a RESTART Buy signal so long positions can be taken with stoploss at today low price.