Woke up this morning with a headache. I think it’s from all the loud music from last night’s party. Anyway, felt a little better when I saw that the ethanol stocks made a comeback. I’m starting to feel that Anderson’s Inc (ANDE) is becoming a major index for the ethanol stocks. Anyway, check the group’s performance today [here], quite amazing stuff. As you can see, they were strong the entire day, doing a routine “fill in the gap” from Friday’s sell off. Oh, that picture on the left is the chemical compound of Tarceva, a drug that OSI Pharmaceuitcal makes- they report tomorrow, but I just didn’t have the guts to play a spread [May 25 puts/June 30 calls].
As for some of the stocks I’ve been watching I was particularly impressed with Krispy Kreme (KKD), SGL Carbon (SGG), SVI International (SVI) a.k.a. “Jamba Juice”, AGCO (AG), and of course, DXP Enterprise (DXP). Finally, Gigamedia (GIGM) continues to be a day trading gold mine. I think they report sometime soon, so it should calm down after that. I’ll post some of these stocks on [Intuitive]Swing Traders site at Borders Star Bucks later. Go go Power Rangers!!
Marketwatch/Articles I’m Reading
- Check out this oil poster. We are reaching peak production very soon.
- Oil falls to 3-week low… because of Iran.
- Warren Buffet says commodities- metals, oil, – are overpriced
- IBD’s screen for 10 Fast-Growing Top-Rated Companies.
- My speculative gold pick Western Gold Fields (WDGF) up 70%!
- SanDisk (SNDK) bravely battles the mighty Apple Ipod! Finally, a viable contender.
