Update - I have been buying -
NSS (steel drill pipe for oil wells)
TNF Fertilizer, big dividend
GRA Ag Chemicals world wide
KEP Korea Power
The first 3 have been up very strongly, might expect a pull back from "overbought", so you might want to nibble on these, get on board with something, but expect a possible pullback.
NSS have great fundamentals, maybe the best pick.
TNH is the scariest of the group, would not be suprised at a violent pull back - I have enough profit to move in stops...
GRA has an asbestos liability, so there is some on going risk - don't go overweight. Remember, a little asbestos can ruin your whole day...
(That's like the US Air Force traditional saying
"A mid-air [collision] can ruin your whole day")
I have been adding more margin and selling
GASE, EGSR (thin market) a little SUNW, and some TRGL...the TRGL had move 50 cents recently, now seems flat.
GASE & EGSR are long term and waiting for news...
ATPG was also up today.
Also, TMR seems to have a cute ramp at the end of the day - short covering ahead of news or ????
Sold a profitable puts on CYMI, Cymer, which makes semi equipment and had a very high P/E, and some puts on CHS, Chico's FAS,a well run womens' clothing retailer that was way overpriced - had 1st or 2nd highest P/E and Price / Sales of any US retailer.
They may go lower, but selling the puts provides more funds to buy marginable stock, like NSS, GRA, TRGL etc.
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Some sectors, like oil service, ag chemical, specialty steel, are REALLY starting to move, over 1-2 % per day.
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Suggestion: Consider NSS, GRA, KEP.... |
