Well, FCX and UNG stopped me out and I lost all but ~$3. I wish I had some shorts on today, but that's past. I'm interested in picking up some tech (INTC < 19, MU < 4.30, AAPL < 130, CY < 26), some solar (FSLR < 215, CSIQ < 24, SOL < 13.50) and I want to look at some banking stocks (FNM, FRE, AIG, hmmmm).
Future contracts are showing some rebound for tomorrow. Hoping for an up day; although, I would like the market to open lower.
Good trading. Take responsibility.
3 comments:
I have positions in sol. I like its low pe. The stock is beaten mainly because it doesn't have great press coverage and its not owned by many etfs. Compared to that fslr has high pe but its owned by etfs. I have bought calls for sol from when it was $17 to when it when it was $12. I hope to make some decent profit by next earnings report if not soon. Aapl also sounds attractive but I think there is more risk in apple. But there might be more reward too as its a popular stock.
I like the solars. I haven't traded sol yet, but I have traded CSIQ. That was a while back when it was heading upwards. I like FSLR because it looks like it is bottoming out, and with the solar subsidies news things don't sound bad. It even did well in after market today. Hopefully it will do well tomorrow.
And while AAPL got smashed a little in after market, I'm guessing that's because RIMM released a less than expected earnings outlook.
SOL is doing well. When I was looking at it it was ~$13.50. It's above 14 now.
I didn't know about subsidies - I will check out the news. Yes, rimm seems to have some effect on aapl. I might think about buying a call if aapl falls below 120. I hope sol goes higher.
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