Is SanDisk (SNDK) Recovering?

I have been bearish lately, especially on tech stocks until this last week. Now it seems some beaten down quality tech stocks are bouncing off a bottom and finding their way higher.

A case in point is SanDisk (SNDK). With the bottom falling out of flash memory prices, SanDisk began a long slide that started last November. It appears to be over now. Several analysts have recommended the stock, quoting an expected pick up in sales later in the year with that higher volume driving higher prices. In addition, there have been announcements that SanDisk, in partnership with Hynix, may be rolling out a new fabrication process that could double the amount of data per chip and lower manufacturing costs. There is a perception that we have seen the bottom in SanDisk's share price and that now is the time to get in. The stock has already shot up from the mid-30's to 43.38.

The TradeRadar chart below confirms this outlook and shows a clear BUY signal generated just within the last couple of days.

Click chart to view larger image

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Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation

Trade Radar gets another update

Some of our data sources changed again and it impacted our ability to load fundamental/financial data. In response, we are rolling out a new version of the software: 7.1.24 The data sourcing issues are fixed and some dead links in the Chart menu were removed. So whether you are a registered user or someone engaged in the free trial, head over to our update page and download the latest version. The update page is here: https://tradingstockalerts.com/software/downloadpatch Contact us if you have questions or identify any new issues.

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position. This first post in the series starts at the beginning: getting good investment ideas. Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets. As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street professional

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