Posts Tagged ‘ethanol’
Swapped EXTR for CBRX and Sold ADM for ONNN
I sold EXTR today and bought CBRX. I wasn’t particularly comfortable with the buy to begin with and I commented on that yesterday. I also sold ADM today and replaced it with ONNN. I took an 8.8% gain on ADM. I want to get back in on a pullback. I think the whole Ethanol/Solar stocks …
What Worked Today 3302007
Being Long. I forgot to post that yesterday when I posted I got out of my shorts. I was only lightly long and got more long today in the 2x funds and UWM/QLD. ONT – bounced back with some ferocity today. I do expect the stock to pull back sometime maybe next week or thereafter. …
Archer Daniels ADM Is Moving Higher
On a day that is ugly (and could get uglier), ADM is shooting upwards. Currently ADM is up over 2.5% today and I couldn’t find news as to why. Of course the stock’s chart looks great, but is that the real reason? Is it a good recessionary stock? I think so. Could it be the …
Short Covering In Ethanol and Solar Plays
Is it short covering or true buying? Ethanol and Solar stocks are rising probably in anticipation of the President’s State of The Union speech Tuesday night. He is slated to talk about alternative energy and it looks like these stocks might continue their little run. I like the Solar plays better than the Ethanol plays. …
