ManyPeaks.com

That VLO long is working out nicely. It’s gotten huge volume on this move to new all time highs, so I expect for the next month or so that sitting tight (inaction) is probably the best course of action.. with the 1/2 position I have remaining after taking some profits from this move. A complete […]

Here’s a textbook example of why I don’t usually hold a stock on the day they report quarterly earnings. Especially if it has been in a big uptrend, as PSTI had.
When a stock makes a big run, you have to believe that people expect good things from the upcoming report.. assuming they’re buying on […]

Recent moves in Energy-related stocks make the Energizer drummer look like a tired old rodent.
I’m disappointed to have missed many big recent gains in various Oil E&P and Service companies. But will not let that get me down.
We bought 2 Oils today. CFW, a speculative play on the technology of “re-opening” many wells right here […]

The Nasdaq is just on a tear. Up 155 points in 1 month.. since July 1st.. about a 7.5% move. While individual stocks do that often, it’s huge for an index.
I’m leery of the long side right now in these indexes, for several reasons. Microsoft & the others tech giants are powering […]