Silver ( SLV )

• 
•    Silver (SLV) wants to follow the  Gold ( GLD) .
•    Silver has enough rest for the last few weeks and volume of buying has increased for the last 3 -4 days.
•    Fed is printing more money+ Dollar is down + Debts ( US + Europe ) = Precious metals are up ( gold, silver, platinum etc).

 

Precious metals become precious !

 

 

 

what we need to see ?

 

The current market is driven by lot of news …QE3, Printing Money, US and Europian Debts, Lowering dollar, Earnings and China. Which news that we need to consider to buy stocks…There is lot of confusion right..

Only one solution that will provide answers for all these factors..Supply and Demand..

Look at Bidu, Aapl , Goog and Oil Stocks.. People are putting more money into these stocks and these stocks are very cheap right now and have lot of demand. These stocks  are leaders and Leaders only drive the market ..This will provide the answer for all these noise in the market.

 

Kirby Corp ( KEX)

• Kirby Corp took the long and decent rest for 4 months and breaking from there.
• Lot of buying volume came into this stock and acted very orderly for last few months.
• EPS/ Sales ( -12/3, -3/10, 18/12) are increasing progressively for last 3 quarters.
• Market is ready to move up and this stock too..

Research In Motion ( RIMM)

• If you look at the Research In Motion ( RIMM) , Institutions are slowly selling the shares once they see the quarterly EPS and Sales are reducing.
• EPS / Sales ( 58/40, 40/36, -4/16) for the last three quarters.
• Institutions won’t see whether it is a well known company or not. They will make decision only on EPS / Sales.
• Why you want to buy or hold  this stock if the institutions are selling hard.

Swimming against flow of current !

Can you swim against the flow of the water in the river ?

Even you are a good swimmer , you will definitely fail in the later stage.

Thats what happens to good fundamental stock in the market correction. Just imagine what will happen if you are holding worst fundamental stock … Don’t you think you are doing suicide yourself  ..

Its better not to invest any longs during the correction. It is very difficult to go against the trend.  Patience is key at this point.

• Baidu has very successful business in China and its currently a leader.
• It has very good fundamentals  – EPS/Sales ( 109/80, 174/101, 129/96) for three quarters.
• Fund ownership has increased from last three quarters.
• Now you know why it is not going up ?

PLAB

• Photronics, Inc(PLAB )  is acting very systematically.
• Four months of range and Big up volume last few days. It broke out today with big volume along with market.
• No of Funds sponsorship has increased for the last 3 quarters.
• EPS / Sales ( 330/16, 999/23, 167/27) has increased for the last 3 quarters .
• Industry Rank = 23
• Sector is favorable and lot of breakouts happened in this sector along with Market.

IPGP

• IPGP is acting very systematic and gentle manner.  No big sell offs during the market correction.
• Big up volume.
• I will buy if the market reaction is good.
• EPS / Sales (460/74, 700/86, 571/95) has increased from the last three quarters and industry Rank would be 14.
• No of funds has increased from last three quarters.
• What else does it need to buy ?

SODA

• If the market is good, I will buy right away.
• Volume is heavy last few days and good flat pattern in the bad market.