To All, 1. Platinum is quietly pushing $400 again. The Russian sales didn't happen in any size. IMHO, the Russkies just don't have that much to sell any more. And they are still producing less than the market uses. I like Stillwater and Implats as the white metal trends higher, dragging palladium and rhodium with it.
2. Novellus stock has risen on disastrous business conditions. I am about to buy my first third of puts again on this puppy. I haven't even checked which month yet, but somewhere in the Nov, Dec, Jan category, and probably a $35 handle.
3. Starwood Lodging (HOT) is losing its tax scam. I am buying a second third of puts here. I haven't exactly printed money on the first third, yet, but this one is a real empty suit selling at a high capitalization. What story stock isn't in this market, but HOT has a key factor to make it go down.
Good Luck,
MB |
