In this blog on 11/10/14 FNSR looked attractive trading at 16.82. On 11/17/14, then at 16.67, we expected a surge as it crossed the 50 dma; it did. Now at 19.77, FNSR still appears poised to tackle the 200 dma at 20.53.
Holding on to our long positions.
Disclaimer: The opinions in this blog are not to be taken as recommendations to buy or sell any of the securities mentioned. If you choose to invest, you are doing it at your own risk.
Wednesday, December 24, 2014
Tuesday, December 23, 2014
DON'T FOLLOW THE MASSES
Dow at 18,000: A buy signal for retail crowd?
.http://www.cnbc.com/id/102253774Don't be impressed by round numbers. Concentrate on value and quality holdings. Be ready to exit positions when euphoria reigns
Saturday, December 13, 2014
Friday, December 12, 2014
MARKET CYCLES "B-R-O"
It seems that over and over we see cycles in the stock sectors. What is hated and out of favor today will turn around and become the honey of Wall Street.
From the lows of early October '11 financials and major banks have, in many cases, doubled up in price. This move has not seen the top and may continue. An ETF that follows the action of major banks is KBE. Along those lines, a similar action has taken place in REIT sector. Check out IYR.
Which areas of the stock market are bound for a turn-around? In my opinion, I believe that in the coming months we'll continue experiencing trend reversals in "B-R-O" (banks, REIT's, and then oil).
The oil sector is at its worst in several years. Patience in finding a base and an entry point where we can profit on the inevitable turn is the sign of a good investor. The oil industry is followed closely by XOP, an ETF. Several months from now I expect to see a reversal in prices for oil, stock value for oil producers, and the oil service industry. It's a matter of time.
From the lows of early October '11 financials and major banks have, in many cases, doubled up in price. This move has not seen the top and may continue. An ETF that follows the action of major banks is KBE. Along those lines, a similar action has taken place in REIT sector. Check out IYR.
Which areas of the stock market are bound for a turn-around? In my opinion, I believe that in the coming months we'll continue experiencing trend reversals in "B-R-O" (banks, REIT's, and then oil).
The oil sector is at its worst in several years. Patience in finding a base and an entry point where we can profit on the inevitable turn is the sign of a good investor. The oil industry is followed closely by XOP, an ETF. Several months from now I expect to see a reversal in prices for oil, stock value for oil producers, and the oil service industry. It's a matter of time.
Monday, December 08, 2014
LQDT IS GETTING TRASHED AGAIN THIS MORNING
The only question left is: "what's next?". Pre-market trading at 8.50, a new multi-year low, LQDT is taking a major beating for the third time in eight months. Looked attractive in late April, wrong call, my bad.
Sunday, November 30, 2014
RIDE THE MHLD TRAIN
Dividend at 4.0%, P/E at 10, book value at .85, and increasing earnings. MHLD at 13.06 is hard to ignore.
Monday, November 17, 2014
FNSR UPDATE
FNSR (trading at 16.67) is still holding just below its 50 dma (now at 16.71). Expect a spike in stock price if and when the 50 dma is breached.
Monday, November 10, 2014
TAKE NOTE OF FNSR
The stage is set for FNSR to confirm and break above the 50 dma (now at 16.87). A close above this level could give us some happy returns.
Thursday, October 23, 2014
CONSIDER BX
With dividend in the range of 6.4%, Blackstone Group (BX) closing at 29.89 today, appears to be poised for a renewed upward trend.
Wednesday, October 22, 2014
TAKING PROFITS ON HLX
In at 22.33 on 9/30/14, out today at 25.20. Happy to take profits on HLX, that would be a 12.9% return in about three weeks. Will keep an eye on this one for buying oportunities.
Monday, October 20, 2014
PARK SOME CASH IN FAX
In my opinion, rather than cd's a better way to park some cash is in Aberdeen Asia-Pacific Income Fund, Inc. (FAX) today at 5.84. Annual dividend at about 5.6% paid monthly and a strong US$ vs AUD make FAX a good prospect for continued returns which would increase as the AUD regains strength.
Tuesday, September 30, 2014
Tuesday, September 02, 2014
BOTTOM FISHING FOR RETURNS
How long can FNSR (19.26) can be held down? The stock price needs to close above 19.97 in the next few trading sessions for a positive sign.
Tuesday, August 26, 2014
Monday, July 21, 2014
READY TO RISE ABOVE THE 200 DMA
On a day in which most stocks are down, CCJ (20.81) manages to show some strength. This stock has crossed above its 200 dma (20.78), should it close above that level I would view it as a positive signal and confirm this blog's comments of 5/20/14 (then at 19.61).
Tuesday, July 08, 2014
CLAWING BACK OUT OF THE BASEMENT
ACAT (38.52) has the potential to turn around and realize some profits for those who have patience.
Monday, June 23, 2014
Friday, June 20, 2014
READY, SET, GO!
Willing to take a chance, HERO down 8% (4.51) this a.m. on not so glamorous report. My take is that this could be a good entry point.
Wednesday, June 18, 2014
LOOKING BETTER NOW
HERO (4.88) may have turned the corner. Formed a base, crossed above the 50 dma, time to consider loading up on this stock.
Friday, June 06, 2014
MOVING ABOVE THE 200 DMA
HLX (24.26) has crossed above its 200 dma. Upward momentum is evident, expect this trend to continue.
Friday, May 30, 2014
Tuesday, May 20, 2014
Wednesday, May 14, 2014
BOUNCE OFF THE 200 DMA
Holding up above the 200 dma, BX (29.62) could pick up momentum in the near future.
Monday, April 21, 2014
NOT JUNK
Since 3/31/14, LQDT has lost about 1/3 of its value (from 26.05 down to 17.65 today) . I believe that, at this point, the sell-off may have been overdone and we may see a bounce back to the low 20's in the next few weeks.
Thursday, April 17, 2014
POOR TIMING ON REGI
Quarterly earnings report was not taken kindly by investors this morning (11.38 down 9%).
However, I still like the stock and, if today REGI closes above the 50 dma (11.46), I'd be a buyer on this pullback.
However, I still like the stock and, if today REGI closes above the 50 dma (11.46), I'd be a buyer on this pullback.
Tuesday, April 15, 2014
A MELTDOWN AT CCJ?
CCJ at 22.16 on 2/25/14... today at 22.60, crossing below the 50 dma, I choose to bail out and stay on the sidelines.
Wednesday, April 02, 2014
TAKING A POSITION ON RENEWABLE ENERGY
A stock in a recovery mode has surfaced: REGI (closed on 4/1/14 at 12.04).
Friday, March 14, 2014
DOUBLE BOTTOM IN PLACE
Going back to the comment of 1/24/14, HLSS chart has formed a "double bottom". Now we face the next test, can the stock price (closing yesterday at 21.30) rise above the 50 DMA? Should HLSS close above 21.35 in the next three trading days, we can expect a jump in price. Meanwhile, those who got in earlier can enjoy an 8.5% dividend with the next monthly distribution of .15/share scheduled for 3/27/14.
Monday, March 10, 2014
Wednesday, March 05, 2014
QUICK PROFIT
Cashing in on AMRI: in at 11.07 on 1/24/14, out today at 15.86 (3/5/14)... a 43.27% profit in 40 days.
Friday, February 28, 2014
DOUBLE BOTTOM ALERT
On a day like today NOG (13.92, down 9.3%) we may see an opportunity to load up on this stock.
Tuesday, February 25, 2014
Monday, February 03, 2014
Thursday, January 30, 2014
Friday, January 24, 2014
Thursday, January 23, 2014
A DEAD CAT BOUNCE?
Can this one be saved? Looking (just looking) at HERO (4.80); it is risky, but there may be some bounce in this stock.
Tuesday, January 21, 2014
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