Check out the current score in the final four.
I have to say, at this point it looks like and ETF will win, however I’m pulling for STP. Speaking of solar, I’m surprised that LDK is not up more– with today’s action, mixed with the close LDK had yesterday, the stock could easily be up a point. I will be holing for higher prices (note: moved my stop right below 50 day). It’s still a buy right here @ $8.00
JASO is also looking good, I’m waiting for it to trade above resistance before buying more.
S, is flagging.
PKD, still looking good, but may take profits on this one today.
You gotta love UA:
My one sore spot today is FAZ, but I had to have a hedge with all my long exposure. I’m actually looking to add to this position today.
Stay tunned…
Note: Go STP
Update: take a look at FAS:
Well, I am glad you are finally realizing what I told you 4 weeks ago, that one of the ETF’s would win. The competition became uninteresting when the ETF’s slowly started removing real stock picks from the competition.
SFD was kicked out even though it gained over 100%, which was phenomenal. The only interesting part was the North where Berkshire won.
I suggest the next competition exclude all 2X and 3X ETF’s. Otherwise, 3x leverage on the “common stock” should be allowed like 3x STP.
STP clearly was the best pick of the competition, and should be the winner.
Shortbus,
agreed, no more ETFs ever in a contest. I hate them all.
FAS chart looks like you’ve illustrated….
Fly’s famous chart pattern:
“Cock & Ballz Formation.”
_______
11:30
Morgan Stanley cautious on bank stocks
Morgan Stanley believes Wells Fargo’s (WFC) results are not a good indicator for the group. The firm sees risk of a pullback following today’s rally.
11:30
Morgan Keegan recommends taking profits on today’s bank stock rally, pending results of the stress test in late April, May.
so many stocks trading above their 50 & 20 day, it’s hard not to be bullish.
I agree about the no etfs from now on,even though I’m benefitting from it now.It was basically a mad dash to the leveraged etfs at the beginning. Picking individual stocks makes it more interesting and also takes more skill,imo.