Monday, March 19, 2007
Sector Spotlight: Industrials
Following my annual "get drunk and act like a leprechaun day," it is nice to see the market roaring out of the gates.
Right now, I am watching the Industrials (not the DOW) very closely. Once the big or small Industrial companies break out, the shorts will run for their lives.
One of my favorite new positions, LNN, looks great and is poised to move higher, as the oil money in the Middle East goes towards infrastructure projects. LNN makes irrigation equipment.
Also, I like the action in PEC, AIR, UIC, FWLT, BHP, CAT and ASEI.
Within Financials, pretty much everything is up 1.5%.
Food and Beverage stocks are up nicely, with big gains in JSDA, ZTM, DRI and BWLD.
As usual, Energy stocks are higher, with notable gains in ROSE, AMSC, BEXP, NEU and FSLR.
Bottom line: Stocks are going higher.
Aside from stocks, I am busy trying to repair my fucking house.
Over the weekend, in between my drunken stupor, the fucking psychotic NYC weather nearly blew my house away. As a result, the roofing and gutters on my house needs repair. To make matters worse, my regular "illegal Mexicans" are nowhere to be found. I don't know if the fuckers have been deported or on siesta. Moreover, I have 10 inch nails whipping all over the fucking neighborhood, from the top of my house, and the icy sidewalk conditions doesn't help.
It's like WWII near my house, minus the German fuckers shooting their pistols and machine guns.
More on this later.
NOTE: Please take the new "Fly Survey." Are you bullish or bearish on the markets?
Right now, I am watching the Industrials (not the DOW) very closely. Once the big or small Industrial companies break out, the shorts will run for their lives.
One of my favorite new positions, LNN, looks great and is poised to move higher, as the oil money in the Middle East goes towards infrastructure projects. LNN makes irrigation equipment.
Also, I like the action in PEC, AIR, UIC, FWLT, BHP, CAT and ASEI.
Within Financials, pretty much everything is up 1.5%.
Food and Beverage stocks are up nicely, with big gains in JSDA, ZTM, DRI and BWLD.
As usual, Energy stocks are higher, with notable gains in ROSE, AMSC, BEXP, NEU and FSLR.
Bottom line: Stocks are going higher.
Aside from stocks, I am busy trying to repair my fucking house.
Over the weekend, in between my drunken stupor, the fucking psychotic NYC weather nearly blew my house away. As a result, the roofing and gutters on my house needs repair. To make matters worse, my regular "illegal Mexicans" are nowhere to be found. I don't know if the fuckers have been deported or on siesta. Moreover, I have 10 inch nails whipping all over the fucking neighborhood, from the top of my house, and the icy sidewalk conditions doesn't help.
It's like WWII near my house, minus the German fuckers shooting their pistols and machine guns.
NOTE: Please take the new "Fly Survey." Are you bullish or bearish on the markets?
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