|Day Low/High||22.55 / 22.84|
|52 Wk Low/High||22.45 / 37.37|
* What was up in a down market today? * Searching for trading rental ideas In looking for short-term trading ideas I often comb my screen for stocks that were green in a sea of red (long candidates) or red in a sea of green (short candidates). Here ...
This is a very high risk trade due to it being both a shooter and the time to expiry being only 31 days.
The producer and marketer of concentrated phosphate and potash crop nutrients has been a recent strong performer.
Agricultural-chemicals giant Mosaic is trading at below book value, so a call looks good here.
MOS has improved technically since early September, so consider the long side of the trade.
From the Street of Dreams: HSBC initiates Mosaic and Potash with buys.
* Little happening (modest gain in the S&P Index), save the continued rotation mentioned this morning. * Sentiment is that new Chief of Staff John Kelly will bring some order into a disorganized and dysfunctional White House. * Busy morning for data...
Mosaic has been upgraded to neutral at Atlantic Securities. (Also, modest insider buying was announced yesterday).
I am back to the highest net short exposure that I have been at in months, with most of my short add-ons made in the last few days. I have just eliminated my Potash trading rental (see Mosaic shares, down around 4% at present) for a breakeven and I ...
Charts show that $32 will be a new high and $47 is the price objective.
It's not easy finding value in the market, but those discount shoppers seeking a bargain should check out Morgan Stanley, Apache and Mosaic
Fertilizer merger talks have boosted MOS, and the stock has broken out of its range.
The action in the indices is poor; I'll manage positions closely.
Path of least resistance is pointing up, if conditions are right.