Wang’s Happy Trading

From Briefing.com

Analyst remarks from Flyonthewall.com

This morning AAPL is trading up due to reports from Trademork.com reported the company may be developing a portable game platform. MSFT is down slightly and YHOO up slightly due to perceived notions MSFT will raise their bid. It is implicated by CNBC that Yahoo’s Yang would like to remain independent and loathes MSFT. SPWR is gapping up due to a positive Barron’s article saying it could sell for $130 if it hits its 2009 production and revenue targets.
Solars are hot this morning probably due to this article and FSLR earnings on Wednesday.
Pacific Crest upgraded BIDU this morning saying GOOG is risk is overstaed and on valuation.
Pacific Crest also upgraded VMW to Outperform recommending building shares below the $70 mark. For FSLR, Banc of America expects upside to the consensus EPS estimate of 53c due to higher selling prices, higher production, and lower stock-based compensation expense than in Q3. They have a $300 price target and expect solid Q4 results.

The 4 Horsemen plus BIDU have all been walloped the past month and all look attractive now.
A new report by Reuters says that YHOO is now seeking to restart merger talks with AOL in order to defend itself from MSFT. PETD was upgraded this morning by Stifel Nicolaus to $82.
The momentum favorites are strong this morning, lets see if the GAGXX (GOOG, AAPL, GS, XLF, XOM) can lead the market higher today on the start of option expiration week. We still need some upward leadership to avoid testing January lows and may get that from the old leaders of Internets, Ag’s and Solars.
The Ag’s should also see some interest as MOS said they see no let up in market momentum and that global nutrient demand is growing at more than double historical rates the surge in demand is testing production and supply chain limits.
Happy Hunting.