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Picked up some ADM on a swing basis. It might turn into something more.
If/when the general market correction we are going to see that inverse trade of commodities rising. ADM should benefit from that plus its cheap. I’m looking for a move of $3 at a minimum.
02 Feb
Posted by Sensei @ 9:07 am | categorized under: Buyers List, Stock Comments
I took a short position today in the Nasdaq. I feel like the market is going to turn in a swift fashion and I’m hoping the jobs number provides the catalyst for the job.
Some stocks I think will rise despite any turn in Feb.
HOT - Starwood Hotels.
ADM - Looks interesting again with the qtr beating [...]
After the nice gain in COGO, I decided to buy my old buddy RWC, Relm Wireless Inc. I was looking for trading ideas off the Sept 11th anniversary/TV specials and RWC continues to keep in mind. BBC, MON, ADM do also. Its a play against the chemical fertilizers (see amonium nitrate).
RWC looks like one of [...]
07 Sep
Posted by Sensei @ 12:42 am | categorized under: Market Comments
Two stocks that look good to me in the mining/gold sector are AUY and NXG. I bought some NXG today.
I like ADM on any weakness over the next few weeks.
QCOM still looks good.
ROST looks good intermediate to long term.
AMGN looks attractive.
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