Friday, August 26, 2011

Links and FSLR

At mid-day, this market has gotten stronger and I think will get stronger as the day goes on.  Many stocks on my watch list are up 3-4% today with just a few barely in the red.  If we get a reversal in the last hour today, things will get ugly.

Economy weaker than expected last quarter...then came the market sell off.
Bernanke say economy needs help, but offers no QE3...yet.  
3 Steps to Short selling...and talks about one of my stocks...OPEN
Bloomberg: Buffett BAC deal gains $1.3 after first day!
Reuters:  BA's Dreamliner finally pushing off

I profiled FSLR earlier this week, and the stock has hit $100, becoming positive for the week and butting up against it's 20MA.  The 50 day is about 15% higher at 115 and the area of resistance looks to be around 108.  So this is a crucial area to hold or rally into the close.




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