…With Shippers/Solar/ Agriculture
I said it on Tuesday and I will say it again, action can be found in Shippers/Solar/Ag. We saw the fertilizer company break away Tuesday, we saw the shippers break away yesterday, and now we have solar taking the lead.
Get familiar with stocks in these three groups, look for stocks that are near breakout levels, buy the dips on strong stocks within the group, this is where the money is flowing. I will be looking throughout the whole space to find ideas in the coming weeks.
Long live the turkey gods.
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i jumped in YGE today
Stalking JASO here.
Action in shippers? DRYS down 9% and GNK down 11%…. At least for DRYS we have a point of no return (above 7.40).
buy the dip, the group as a whole has begun to move– today was just a bad day.
bought IPI
bout time …
Keep in mind that tomorrow is the shareholder meeting for TRA where CF will try and win the proxy vote to get three of their people onto TRA’s board. CF’s offer is for $32 cash and 0.1034 CF shares per TRA share. I am told it is unlikely that the vote will be tallied tomorrow. Who knows what kind of volatility the meeting could cause.
I hold BG, TRA, DAG, RGA, and SQM. Of those only SQM did not hold up so well today.
good post, rc.
i have been long AGU for some time now, and its nice to see money starting to flow into the sector.
SQM…love it here.
Still long SQM
Hey RC, how does the PPT rank TSL? Just curious cause I don’t see it mentioned and yet it is the strongest solar company out there.