Good morning, lets get started

Posted on December 5, 2005 , filed under Stocks | Print This Post

This week I expect to see shares of TSM, Taiwan Semiconductor Manufacturing Co. Ltd. and UMC, United Microelectronics Corp. jump up. I am bullish on both semiconductors and Taiwan. The economy in Taiwan should grow at a rapid pace in 2006. 70% of the Taiwan stock exchange is made up of technology stocks. I see a broader recovery in technology stocks with semiconductor shares leading the way.

I am also watching MBAY, MediaBay Inc. and waiting for the company to release some positive PR. If the company fails to release any news in the next 2 weeks it will have a difficult time capitalizing on December’s anticipated rally. Oil is up as I had expected. If oil continues to rise, I may take the opportunity to short shares of the Airline stocks on my watchlist by mid week. I expect to see BIDU, Baidu.com Inc., and GOOG, Google Inc. rally this week. ICAD, iCAD Inc., is down this morning. I may purchase shares of the stock if it trades under $1.20.

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