|Day Low/High||21.90 / 22.75|
|52 Wk Low/High||15.81 / 34.04|
The daily charts for Cliff Natural Resources and Walter Industries look fantastic.
Under Armour showed relative strength during today's market pull-back and triggered our entry price.
We've added Exxon Mobil to our watch list, as a break above this key level could lead to higher prices.
Given these developing formations, here's how I'd look to play the stock.
Don't fall into the trap of thinking that you need to be placing a trade any time the market is open
Delta and Polaris will continue their ascents and Freeport and Cliffs Natural have more to their futures than Fed decisions, says Don Hodges, Portfolio Manager for the Hodges Fund.
Investor enthusiasm seems to be getting ahead of these companies' stories.
I see no reason yet to move away from our very defensive posture, even on a short-term trading basis.
These include VMware, Apple, Google, Cliffs Natural Resources, and the coal and financial sectors. By Bob Byrne A few comments on individual names to end the week: VMware (VMW) -- Absolutely beautiful-looking chart that should be on every momentum t...
My take on coal and steel. By Tim Collins For a while now, I've been saying that I believed coal was a second-half story. It was even one of my predictions at the beginning of the year. I will say that I had my doubts after watching the action in th...
Coal, steel and other basic materials are in favor. By Bob Byrne We're seeing very strong buying right out of the gate in stocks like Walter Energy (WLT), Peabody Energy (BTU), Vale (VALE), Cliffs Natural Resources (CLF) and U.S. Steel (X).
Here's where I would put new money in a market that has structural problems.
Not much has changed, so stay in safe and cheap shares like these.
The charts for a couple of names I monitor in this sector look better than they have in a while.