|Day Low/High||21.29 / 21.86|
|52 Wk Low/High||6.49 / 19.00|
Stocks have gotten stronger since our last update, as the S&P 500 and DJIA have joined the Nasdaq in positive territory. Oil is giving back a little of its recent gains. One can see how lower jet fuel costs are bolstering airline earnings. Fuel cost...
The market continues to show remarkable strength across the board as we enter the second half of the trading day. Homebuilders are one of the strongest sectors within equities, thanks largely to nice numbers from KB Homes (KBH). Even my stake in UCP...
Stocks, like sports, are unfair sometimes. This is one of those times.
They are highly correlated and neither is very forgiving if risks aren't managed.
There's just high risk, high reward or low risk and very little reward.
Vale, Freeport-McMoRan, Eaton, Ensco and Boardwalk Pipeline are big-cap names with bearish charts.
Here is my technical analysis of the Action Alerts PLUS portfolio positions: 'The Bad.' By Tim Collins It is certainly impossible to nail every call, especially this year, but it is good to see there are about half as many stocks with bearish charts...
As sentiment improves on unloved equities, lucrative returns often follow.
China still calls the commodity tune, but there is a small sign of change.