iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Morning News

[[FSLR]] upgraded look for solar to move once again, I like [[CSIQ]].

[[RIG]] was downgraded. The stock has 0.29 peg ratio, and with oil moving higher this morning I am buying the dip.

[[SIGM]] has got to be the worst stock, another cautious note.

A few other stocks I like: [[PZE]], [[TLM]], [[CLF]], [[PQ]], [[HK]], [[NBR]]

Note: No trading this morning, I have an important interview. However, I did place an order for these.

Top pick: [[CSIQ]]

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POT: Evening Star

[[POT]] has been on an unbelievable run, one that has frustrated many. I initially called for the death of the stock today, but because the company reports April 24th, the stock may have a little life left in it.

Reasoning behind my call: The chart looks to be forming an evening doji star, [opens higher, trades in a small range, then closes at its open (Doji)] that’s exactly what happened today. This formation is considered bearish, but with earnings right around the corner, anything is possible.

pot-1.gif

I will be looking to take quick profits on my puts. I do not want to be short ahead of earnings.

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Golden

Today was my best day YTD, thank in part to [[PBR]], [[HES]], [[RIG]], [[FEED]], [[FSLR]], [[TSL]], [[FXP]], short [[GS]]

Charts later tonight…

Top pick: [[RIG]]

Note: [[POT]] is dead.

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