Good evening. The markets are never as easy as they seem sometimes…this week has been mighty free and easy. Enjoy it while it lasts.
Even though a few of the stocks that I have been watching have been going a little nuts, I have, for the most part, resisted the urge to buy anything on Thursday and Friday.
I missed KKD. I was interested in it around 10…you see what happened today. I still think it’s going to firm up then continue to march higher.
As for the stocks I actually own, AN was in the zone. Very happy with the way this is behaving. I have a 1/4 position and will add.
CTB and FSS are both starting to correct through time…I wouldn’t be surprised to see either of them meander along until the 20 day comes up to meet them.
Raul3 was talking about the 9 ema today. I plotted this line on my daily charts and, I do declare: I like what I’m seeing.
MRH has been fun to watch methodically moving higher every day.
TTM has come in a bit, but my risk is over $3 lower than where the stock is currently trading; therefore I’m still very comfortable sitting and watching.
WGO also needs to cool off for a few days…I’m looking to add shares on a dip.
+0.17% for the day.
Enjoy the weekend, we’re back at it Monday.
2 Responses to Portfolio: 01/04/13
That KKD move wa simpressive and may last, heavy call buyers in the Aug 10/11/12 calls
I mean, there is a reason it was trading sub 10 for so long, but the next time rampant speculation is rational may be the first time. Lots of room to run.