I guess I should "blog" today.
For some reason prices were all over the board at the open, but have settled down since. Coal stocks are selling off a little, but no more than 1%. The move in Agriculture stocks have me concerned, but nothing that requires any action yet. Energy stocks are holding up well, but steel is getting crushed. From the watchlist this week, WFR is the best looking move today...
WFR- July 55 puts. I am buying it this very moment.
Yesterday a few comments flew around about why DECK was on my "Sell the Rip" list. Take a look today...
I also owe a hat tip to CMG and PENN yesterday. Great blow ups in these stocks...
That's all I got for now...I'll be back shortly.
The above story is the opinion of the author only and it does not reflect
iStockAnalyst opinion. Further, the author is not personally advising you
regarding the suitability of the story for your investment needs. In no event
iStockAnalyst will be liable for any loss or damage including without
limitation, indirect or consequential loss or damage, or any loss or damage
whatsoever arising from or arising out of, or in connection with the use of this
information. Please consult your investment advisor before making any investment
decision.
