|Day Low/High||74.94 / 76.47|
|52 Wk Low/High||34.44 / 83.99|
What's troubling is the wild abandon with which investors have been piling into these names.
Here's a window into what institutional investors may be doing and how to profit from that.
I continue to believe downside risks far outweigh the risks of a near-term rally.
The stock is in breakout mode after earnings, the problems of July left behind.
Basic materials is one of the sectors with some promising prospects.
A 50% retracement and a bullish divergence might be just enough support for EMN to begin to build a base.
This is the story of Eastman Kodak's fall, its bankruptcy and how Rochester, N.Y., avoided Detroit's fate.
These three should all benefit nicely from softness in nat gas -- and the technicals look solid, to boot.