I know it seems like I am all SDTH right now. I have lots of other ideas of course as well but as I mentioned I am very busy right now and I'd rather know what I know well rather than put up lots of posts on things I haven't had time to look at very recently.
Did you see that SDTH broke out...? Nice 5% pop today!!!
A few quick other notes:
Short instruments starting to look very cheap. The closer the dow gets to 13,000 , the SP around 1400, etc. the better these instruments start to look. TWM (personal favorite), QID too cheap, MZZ is also a good vehicle.
Of course the retail numbers tomorrow are HUGE as well as earnings this week and "never step in front of a bus" applies here... wait til after it reports for any heavy position perhaps... a neutral stance makes a lot sense but the shorts are very much on my radar...
JASO (already reported), LDK, other solars to watch this week. I will be assembling an industry analysis post on solars when I have a chance. Also perhaps tonight if I have time I will post the most important earnings and events to watch in this very significant week. Back to work fellas...
Oh... and I did buy some CMED at 37.60. This remains one of top ten overall long term (i.e 5 -10 years) stock picks. In this market I may not hold it that long.. at this price it's worth it to get in some even now this week in my opinion... they report in early May...
Best,
Jon
This blog is for informational purposes only. It does not give investment advice.
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