Celebrate the Crisis!

The refiners are picking up some steam here: Valero Energy Corporation [[VLO]] , Western Refining, Inc. [[WNR]] , Tesoro Corporation [[TSO]] , Holly Corporation [[HOC]] . This is the season when refiners run, as we enter “the driving season.” As you know, I am a big believer in seasonality trends. For example, QUALCOMM, Inc. [[QCOM]] has been up in 17 of the last 18 years in March. As coincidence would have it, on 3/1, they reaffirmed guidance and announced a share buyback. Come on.

Come April, I will be playing Weatherford International Ltd. [[WFT]] , a stock that has gone up 19 of the last 20 years in April. I simply cannot ignore those percentages and chalk them up to “coincidence.” There is a specific reason why stocks go up during select months, while others struggle. Like everything else, there are stories behind the data.

I am looking for U.S. Global Investors, Inc. [[GROW]] to bust loose here. Much to my chagrin, I am down a good chunk in the name, thanks to stubbornness.  With gold stocks pressing higher— and [[JAG]] being their top holding under management— perhaps I can get my money back, AND MORE. Separately, I am respecting the scientific (joking) boundaries set by The PPT, with regards to this market being OVERBOUGHT. Therefore, I shall not be participating in any “stock adventures,” no matter how enticing it might be. Essentially, if I am off by a week or two, so be it. All I am saying is: raise cash.

But, if you already have cash and need some equity exposure, you wouldn’t be crazy for buying Silicon Storage Technology, Inc. [[SSTI]] here, with a hard cash offer of $3.00 on the table, especially since a bidding war may erupt at any moment. Wait for it. I also like Jarden Corporation [[JAH]] , Equinix, Inc. [[EQIX]] , POSCO (ADR) [[PKX]] , U.S. Global Investors, Inc. [[GROW]] , Nucor Corporation [[NUE]] , Visa Inc. [[V]] etc.

UPDATE: I  sold 90% of ICICI Bank Limited (ADR) [[IBN]] above $40.