Today was a great day for Steel, a good day for Fertilizers, and another strong day for Oil as a whole. These three groups are leading the market right now, and the market’s positive day only helped push stocks higher.
Let’s take a look at today’s action, starting first with a look at the overall market.
SPY [...]
The direction of financial markets is determined by two distinct groups of people. On one side of the table are long-term investors who focus on the fundamentals of a business. On the other side are short-term investors who look at popular sentiment to derive their trading strategies. Their methods of determining value [...]
Adding some more stocks to my latest watch list last Thursday, I have some more stocks to keep an eye on.
Intuitive Surgical (ISRG)
ISRG is holding up extremely well after its gap up, and a break above $316 on heavy volume could send ISRG back to the $350s and possibly new highs. Buypoint is $316 on [...]
I am moving to a new apartment this weekend so posting will resume once again Monday night or early Tuesday.
Until then, feel free to go through the archives, check out the stock forums, or read through one of the 100 stock education articles here on the site.
The market will be closed Monday due to the [...]
A list of recent stocks I am currently keeping a close eye on:
Bard (BCR) – Stock is looking poised to break out to new highs above $100. Buying some in here with a tight stop and adding at $101 would be a good play. Featured Bard last week as well. — 02/14/08 Close $97.56 –
Sunpower [...]
Though today’s market ended on a positive note, there are many questions that still need to be answered. The NASDAQ had the best run posting a 2.32% gain, but with such a strong showing the lack of volume across the board was concerning.
Here are the facts:
The NASDAQ pushed above 2370 and has now begun to [...]
For the past six months, Mr. Market has been forgiving. Considering the path from Dow 14,000 to the depths of the credit crisis, this may seem like an odd comment. However, I believe it is accurate. When I first witnessed the beginning of the credit crisis during July, I was surprised. [...]
There are a handful of fertilizer stocks that are currently basing out and could move well to the upside soon.
Some of these names were mentioned with my original fertilizers post. With any new positions right now make sure to keep stop losses tight.
Mosaic (MOS)
My favorite out of this group. I am a buyer of MOS [...]