I own 150 shares of CVX, I bought in at $68.50 and shares today are at an ALL TIME HIGH of $108.68. I'm up $40.18 per share. Current yield on CVX is 2.68%.
While I love CVX and energy and oil long term I also love locking in gains, especially of $40+ per share.
I am currently looking at LMT FOR OBVIOUS REASONS in the world we live in today. Shares are currently at $79.90 down for their high in the $116 range. The current yield on LMT is 3.73%.
Love the volume and price action. Hopefully $10 becomes the new floor once again.
I think long term Solar could be good, but I think all the alternative energy stocks got an inflated bump due to the negative nuclear news from the Japan issue. Some European countries like Germany have bad popular support for nuclear, but it's just so much more productive. They don't have the technology or resources to replace the nuclear output with alternatives yet. They may very well say they want solar or wind, but nuclear is still the most fiscally responsible way to go for them.
Once this nuclear fear stuff calms down, I think you may see the alternatives pull back a bit. I actually like wind better than solar right now.
Ok opinion time: I own 150 shares of CVX, I bought in at $68.50 and shares today are at an ALL TIME HIGH of $108.68. I'm up $40.18 per share. Current yield on CVX is 2.68%. While I love CVX and energy and oil long term I also love locking in gains, especially of $40+ per share. I am currently looking at LMT FOR OBVIOUS REASONS in the world we live in today. Shares are currently at $79.90 down for their high in the $116 range. The current yield on LMT is 3.73%. THOUGHTS?
Man with the crisis in Japan alternatvie energy is the way to go for realz! Hold onto that shit, it has very small chance of ever dropping below 90 in the nexy 3 years and your still ahead. That being said LMT is kind of the reverse LMT could be hot or investors could shy away, I think LMT is the riskier play. Quit while you are ahead and reap the gains
SOL... higher highs with great volume to match. Afternoon buying coming in and quickly erasing that retrace from this morning. I think $10 will be new support once again and if we're lucky, we might even fill that gap to $11 pretty quickly.
Bought some LLEN just now, 400 @ $6.16. I'm looking for it to cover to $7 fairly quickly, then will decide whether to cash out or hold long term. And probably setting a stop in the high $5s in case it doesn't pan out.
Exactly, I'd essentially set my stop to the low of today's candlestick.
I just think there's a lot setting up for it. Fundamentally, low PE, increasing earnings and revenue. Technically, at 52 week lows, a full dollar under historical support, low RSI and PPO and ADX divergence setting up for a pinch play. Finally, CEO bought some stock today and it closed above the halfway point of the candlestick on large volume, possibly indicating a reversal.
Of course nothing is guaranteed, but it's a high probability play IMO. And with the fundamentals going for it, I might just hold it for a long play regardless if it bounces or not.
Oh screw you LLEN. I knew you were going to bounce, I just timed it horribly. Follow a 20% gain with another 12% one... hopefully my timing gets better with experience.
HA... I was wondering why I had LLEN on my recently viewed stock screener? I was looking at it seeing the huge percentage gains and was like WTF?! Now I remember why.
Missed alot of the runup, but got some of AMRN today. Looking for a near-term target of around $10, then might just hop out. Figured it was a good time to buy after a 5 day profit taking pullback on low volume.
Looks like they've had excellent results from a MARINE study, where the drug did what it was supposed to do, without raising LDLs (Bad Cholesterols). Stock should run from that news alone (and buy out rumors) until the ANCHOR study results are reported, tentatively late first quarter 2011. That's when good results would send this one even higher, or bad results would drop it off a cliff.
Finally scored big! Well big in terms of profit percentage. I bought 225 shares of AMRN at $8.59 then, almost doubled over night. Woo-hoo for pharmaceuticals!
So I haven't made a lot of moves recently, just small plays here and there. But it has been amazing watching Silver and SLV over the past couple of weeks. What are your takes on it?
I could see SLV / Silver dropping back below $30 before stabilizing and going back up. Inherently, you'd expect it to go up as we print money through QE, but margin hikes are taking out a lot of the speculators and reducing it back to physical demand. I don't have the balls to short or buy at these levels, but it sure is fun to watch from the sidelines.
Supposedly Soros sold off a large amount after the initial pullback and in sparked the massive slide over the last couple of days.
The margin hikes are definitely taking a bite out of it, as well. Though honestly, I haven't seen too many situations where literally borrowing money to invest, short-term, looked like a good idea.
Supposedly Soros sold off a large amount after the initial pullback and in sparked the massive slide over the last couple of days.
The margin hikes are definitely taking a bite out of it, as well. Though honestly, I haven't seen too many situations where literally borrowing money to invest, short-term, looked like a good idea.
Eh, I think the pullback is definitely more related to the margin hikes since that's what is heavily publicized. It just goes to show how much of the run up was purely speculative futures manipulation, rather than physical demand.
One stock I'm watching right now is SVM. Silver producer with mines in China / Canada and one of the lowest (if not THE lowest) cost producers around. Stock getting hammered with the Silver selloff, earnings next week. They blew away earnings last quarter on a much cheaper spot price for silver, so I'd say it's a safe bet they'll do it again next week.
I liked them at $12, really liked them at $11.50 and will love them at the SMA200 around $10.80. No position yet, but I very well may jump into one the next few days.
To put it in perspective, the margin hike puts the margin requirement only slightly higher than the margin requirements for oil. It's really not as big of a deal as they were initially making it out to be.
It's not as if they invoked some kind of extremely burdensome requirement.
ETA: also, looking over the moves in other markets the last few days, there is a pretty good case to be made that a catalyst for the drop was due to moves in the US dollar.
To put it in perspective, the margin hike puts the margin requirement only slightly higher than the margin requirements for oil. It's really not as big of a deal as they were initially making it out to be.
It's not as if they invoked some kind of extremely burdensome requirement.
ETA: also, looking over the moves in other markets the last few days, there is a pretty good case to be made that a catalyst for the drop was due to moves in the US dollar.
Oh absolutely, obviously the dollar and precious metals move in inverse directions. Definitely had an impact.
But, a nice opportunity should present itself at some point. SVM is getting obliterated today and already hit the SMA200 but I'm not buying in yet. Waiting for this falling knife to stabilize rather than catch it.
Not yet it's not, it blew through the SMA200 without blinking an eye. I see support at $10.50 but I'm not sure if that'll hold either. If that breaks, $9.50 has got to present a damn good buying opportunity unless Silver craps the bed to $25 or so.
Its not worth even bothering with stocks unless you have a spare $20K to gamble around and are comfortable losing it. I know so many people who got greedy and lost their life savings, guys who had years of experience with the market. The only ones who ever make money (millions) are the ones with inside knowledge that everyday investors learn about days / weeks later, when they missed the money train.
Eh, I didn't play the bounce in SVM or SLV today, yesterday's volumes were far too bearish. I'm thinking it's a dead cat and I'm willing to wait it out.
i bought sdrl and gldx yesterday. i, also, stayed away from silver. i sold the rest of my gldx at 19.25ish a while ago, so i dont mind buying back in at 16.50ish.
Comments
http://www.streetauthority.com/a/best-solar-stock-own-right-now-458164
Love the volume and price action. Hopefully $10 becomes the new floor once again.
I own 150 shares of CVX, I bought in at $68.50 and shares today are at an ALL TIME HIGH of $108.68. I'm up $40.18 per share. Current yield on CVX is 2.68%.
While I love CVX and energy and oil long term I also love locking in gains, especially of $40+ per share.
I am currently looking at LMT FOR OBVIOUS REASONS in the world we live in today. Shares are currently at $79.90 down for their high in the $116 range. The current yield on LMT is 3.73%.
THOUGHTS?
SOL - The best solar stock to own right now:
http://www.streetauthority.com/a/best-solar-stock-own-r...
Love the volume and price action. Hopefully $10 becomes the new floor once again.
I think long term Solar could be good, but I think all the alternative energy stocks got an inflated bump due to the negative nuclear news from the Japan issue. Some European countries like Germany have bad popular support for nuclear, but it's just so much more productive. They don't have the technology or resources to replace the nuclear output with alternatives yet. They may very well say they want solar or wind, but nuclear is still the most fiscally responsible way to go for them.
Once this nuclear fear stuff calms down, I think you may see the alternatives pull back a bit. I actually like wind better than solar right now.
Ok opinion time:
I own 150 shares of CVX, I bought in at $68.50 and shares today are at an ALL TIME HIGH of $108.68. I'm up $40.18 per share. Current yield on CVX is 2.68%.
While I love CVX and energy and oil long term I also love locking in gains, especially of $40+ per share.
I am currently looking at LMT FOR OBVIOUS REASONS in the world we live in today. Shares are currently at $79.90 down for their high in the $116 range. The current yield on LMT is 3.73%.
THOUGHTS?
Man with the crisis in Japan alternatvie energy is the way to go for realz! Hold onto that shit, it has very small chance of ever dropping below 90 in the nexy 3 years and your still ahead. That being said LMT is kind of the reverse LMT could be hot or investors could shy away, I think LMT is the riskier play. Quit while you are ahead and reap the gains
Yes but that stock was at $5.85 just today...
Exactly, I'd essentially set my stop to the low of today's candlestick.
I just think there's a lot setting up for it. Fundamentally, low PE, increasing earnings and revenue. Technically, at 52 week lows, a full dollar under historical support, low RSI and PPO and ADX divergence setting up for a pinch play. Finally, CEO bought some stock today and it closed above the halfway point of the candlestick on large volume, possibly indicating a reversal.
Of course nothing is guaranteed, but it's a high probability play IMO. And with the fundamentals going for it, I might just hold it for a long play regardless if it bounces or not.
Missed alot of the runup, but got some of AMRN today. Looking for a near-term target of around $10, then might just hop out. Figured it was a good time to buy after a 5 day profit taking pullback on low volume.
Looks like they've had excellent results from a MARINE study, where the drug did what it was supposed to do, without raising LDLs (Bad Cholesterols). Stock should run from that news alone (and buy out rumors) until the ANCHOR study results are reported, tentatively late first quarter 2011. That's when good results would send this one even higher, or bad results would drop it off a cliff.
Finally scored big! Well big in terms of profit percentage. I bought 225 shares of AMRN at $8.59 then, almost doubled over night. Woo-hoo for pharmaceuticals!
I could see SLV / Silver dropping back below $30 before stabilizing and going back up. Inherently, you'd expect it to go up as we print money through QE, but margin hikes are taking out a lot of the speculators and reducing it back to physical demand. I don't have the balls to short or buy at these levels, but it sure is fun to watch from the sidelines.
The margin hikes are definitely taking a bite out of it, as well. Though honestly, I haven't seen too many situations where literally borrowing money to invest, short-term, looked like a good idea.
Supposedly Soros sold off a large amount after the initial pullback and in sparked the massive slide over the last couple of days.
The margin hikes are definitely taking a bite out of it, as well. Though honestly, I haven't seen too many situations where literally borrowing money to invest, short-term, looked like a good idea.
Eh, I think the pullback is definitely more related to the margin hikes since that's what is heavily publicized. It just goes to show how much of the run up was purely speculative futures manipulation, rather than physical demand.
One stock I'm watching right now is SVM. Silver producer with mines in China / Canada and one of the lowest (if not THE lowest) cost producers around. Stock getting hammered with the Silver selloff, earnings next week. They blew away earnings last quarter on a much cheaper spot price for silver, so I'd say it's a safe bet they'll do it again next week.
I liked them at $12, really liked them at $11.50 and will love them at the SMA200 around $10.80. No position yet, but I very well may jump into one the next few days.
It's not as if they invoked some kind of extremely burdensome requirement.
ETA: also, looking over the moves in other markets the last few days, there is a pretty good case to be made that a catalyst for the drop was due to moves in the US dollar.
To put it in perspective, the margin hike puts the margin requirement only slightly higher than the margin requirements for oil. It's really not as big of a deal as they were initially making it out to be.
It's not as if they invoked some kind of extremely burdensome requirement.
ETA: also, looking over the moves in other markets the last few days, there is a pretty good case to be made that a catalyst for the drop was due to moves in the US dollar.
Oh absolutely, obviously the dollar and precious metals move in inverse directions. Definitely had an impact.
But, a nice opportunity should present itself at some point. SVM is getting obliterated today and already hit the SMA200 but I'm not buying in yet. Waiting for this falling knife to stabilize rather than catch it.