There I was, acting all clever and shit, selling 90% of my National-Oilwell Varco, Inc. [[NOV]] position yesterday, trying to avoid a dip. Lo and behold, here I am today, mind you, throwing the office silverware around, infuriated for missing out on today’s run. I knew the stock was cheap. But I wanted to be “clever.” BAM: 4 points in my face.
On the bright side, my BE Aerospace, Inc. [[BEAV]] position is running hard. It appears the elections have released the animal spirits of the markets.
Again, I want to sell into this rally and buy cheaper. I might even do a little short selling. Petrohawk Energy Corporation [[HK]] looks like a piece of shit, dying to trade down.
I still own a nice chunk of [[UYG]] . There she blows!
And, my starter position in American Vanguard Corp. [[AVD]] is doing exactly what “The Fly” wants it to do: go higher.
In short, life is incredibly grand, aside from the random forks and knives on my office floor. Missing out on National-Oilwell Varco, Inc. [[NOV]] hurts; but it’s part of the game.
For a trade, I like all ag stocks, specifically CNH Global N.V. (ADR) [[CNH]] , American Vanguard Corp. [[AVD]] , Potash Corp./Saskatchewan (USA) [[POT]] and Agrium Inc. (USA) [[AGU]] . I still own a meaningless amount of The Mosaic Company [[MOS]] . But that fucker is up way too much here.
UPDATE: I bought 8,000 [[AVD]] @$15.
UPDATE II: I bought 1,000 [[BEAV]] @ $13.99
UPDATE III: I sold 2,000 [[NOV]] @ $33.50