|Day Low/High||3.88 / 4.44|
|52 Wk Low/High||0.80 / 9.87|
A mine closure at BHP and this morning's earthquake could spur coal stocks. BHP Billiton (BHP) has announced the closure of its hard coking coal Norwich Park mine. This could put a floor on pricing and help Walter Energy (WLT). As well, this mornin...
Currently, 25 out of the 56 stocks are now eligible to buy (up from only eight a week ago). Below is an updated list of buy levels on selected stocks that I have mentioned on Real Money Pro. There has been a break in share prices over the past week ...
Run, don't walk, to read 'Fight Complacency' from Jim Cramer. Run, don't walk, to read Jim "El Capitan" Cramer's "Fight Complacency," in which he argues against a meat-axe approach to the market. I would note that even with my negative market view, ...
They include Peabody Energy, CSX, Dell, Ocwen, TBT, Walter Energy and IFF. I put my money where my pen is, and I have added to seven of the eight stocks in my "Levels" post that are currently attractive for purchase. Only Yahoo! (YHOO), which is in ...
It is time for another levels update. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 56 stocks, I would now rate eight -- Peabody Energy (BTU), CSX Corporation (CSX), Dell (D...
They include TBT, Peabody Energy and Walter Energy. As you will see from my next "levels" post coming up, there are now eight eligible buys. I have added to three of them this morning: ProShares UltraShort 20+ Year Treasury (TBT), Peabody Energy (BT...
I must be a glutton for punishment! I have taken a small long in Peabody Energy (BTU), and I have added to Walter Energy (WLT) at $57.90 just now. I must be a glutton for punishment!
This could put some pressure on Walter Energy. Break in: Peabody Energy (BTU) guides to the low end of forecast. This could put some pressure on Walter Energy (WLT) shares.
Apple's move is impressive, as is the new-highs list, but that won't cure all that's ailing the market.
Three stocks have been left in the dust, but one chart looks the weakest.
I know it's scary to dive in here, but confidence is rising as well, meaning a shift in market character.
Those raging bulls been dying to buy the dip, yet when that dip happened, they got a scared to do so.
But I'm scratching my head about gains on the major indices because I see lots of red on my screens.
Also, three charts are trading below key moving averages and should be considered shorts when the market is weak.
Since the selloff is deeper than I anticipated, it is hard to chase any short trades.
After the disappointing jobs number, QE3 seems more likely, but trading on this thesis changes daily.