Nokia

So Nokia stock is getting slammed today. Here is a little story that you can use to invest or know which stocks to short. For the last 3 months I have been researching smartphones as I am still using a dumb phone :) so one night my wife asked me if I have decided which phone I am going to get. I said looks like a HTC but I want to wait on the new 4G offerings, I am so behind technology wise with my cell phone might as well do the best upgrade, so she replied what happen to NOKIA? I said you know I think Nokia's time is all over, I can't recall seeing a Nokia phone here I actually only see them when I travel overseas.
So there is a everyday example of observing what is around us daily that we use to help us invest, don't listen to the idiots on CNBC :) Go out and open your minds to stuff happening around you.


Have a great weekend.

My experience-

My experience tells me if the president of Egypt steps down rather than it be a positive for the markets it will actually initiate the pullback. Sounds counter to what should happen but if you are long be careful here.

Oil

Can't figure out what is going on in Egypt. It will soon stabilize I believe but just digesting the news. I am still looking for an in for Oil.

There she goes--FSLR

$166. BINGO BINGO- WOW

That one was UBER fast- feel like internet bubble days!!!

Timing-FSLR

Saw that one by chance but sometimes it just takes minutes for you to be hugely profitable while other times it take awhile for the pattern to play out.
$165.90 is target but we will get new highs on it so $166.

WOW-FSLR

FSLR Moving - now that one was quick- If it is a bull flag the target would be new highs, 52 week high is 165.90.

FSLR

Definitely forming a bull flag

No Idea

No Idea what the markets wants to do here short term- the Egypt news have us in a bind with geopolitical issues BUT the commodities which should react aren't reacting.
So when In doubt sit on hands, plenty of time to get in on stuff when a trend shows it head. I still believe we will pullback here in the S&P SHORT TERM maybe to the 1306 level.