Random Notes

Life has intervened of late however I felt I would post my random thoughts viewing my port yesterday:

  • Russia is still working. RSX at it’s 100d today. I will add more if it comes back to the 50d   Long hold, definitely.  Throw it in a drawer and forget about it.

  • Buffet lowered his XOM stake and bought DE.  DE Monthly sure looks like its coiled up for something. Buffet obviously thinks new all time highs  DE earnings this Friday bmo. I'd be long common and get put protection.  Buy or add on any selloff.  Daily view, bouncing off that 50% fib (to me) equals good chance it wants to challenge/break the high 

  • I still like the consumer stapes sector here. XLP or one of its components. They come into seasonal demand next month thru Summer.   I'm already long PEP and KMB as mentioned here previously in Chat.  For a list of XLP components, visit 

  • Gold/silver I’m still short GLD and will stay there as long as equities are still in an uptrend and we have no inflation (much less seasonal demand).  The trend is your friend until it’s not.  Lots of GLD puts purchased today although it’s near term oversold.  Some are looking for the bear market in precious metals to end here.  I am not one of them.

  • 3D still radio active as far as I’m concerned.  Air still coming out of that momo area.  I remain short SSYS and see no reason to cover.

  • Covered my remaining YY short yesterday as Benzinga pointed out their “alleged” 5 years growth predictions.  Just don’t have time to babysit that one.

  • I still do not believe that crude oil has bottomed yet.  I'm still staying away from oil and gas names and have discussed "why" in previous posts.
  • GannGlobal is out with video #9 in a long series of what they feel will be major moves  They cover bonds, stocks and commodities.  Feel free to check them out

E-mail me when people leave their comments –

You need to be a member of StockBuz to add comments!

Join StockBuz

We welcome you to post a blog entry, oped or share your daily reading with us as long as it is relevant to the topic of investing and not an attempt to sell a product, proprietary strategy, platform or other service. Please provide links to any research data and if re-posting other articles, give credit where credit is due providing a back link to the original site.

300 words minimum per post. You may also sort by category or search by topic. Don't forget to comment and please "share" via Facebook, Twitter and Google+. If you have any questions, please contact us.



This is a member-supported site. Please donate when you can to help pay the rent. Thank you!

Stay Informed. Sign up for the FREE StockBuz eNewsletter


Investing involves substantial risk. All content is subject to StockBuz disclaimer.

Create Income With Option Spreads

All content on is subject to disclaimer and Terms of Service