Sunday, November 4, 2012

Back and forth we go in the market

Another Friday and another dive in the market. So what else is new? I read an interesting article that some bank is being sued by the government for trading commodities just to affect change in other prices. I thought that sort of thing was legal, as it goes on every day. Anyway, what else.

Coal and ore stocks have had good news, with the exception of CLF and I think traders might be catching on that the bottom has been put in with those stocks. I think we stand to do quite well in that space over the next year, especially when you consider the short interest has been building in those stocks while they were at the bottom!

I hate to beat a dead horse, but look at VVUS. Reality has finally set in with that company. This should be an interesting week with FTR, JRCC, ARNA, and VVUS reporting.

Well, I'll be on vacation a while, but will try to get back this week and post after the four companies mentioned here report.

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The Vix

About This Blog

Where we rant and rave about the market and of course give our opinions on stocks we love or hate. We're not advisors and urge you to conduct your own due diligence.

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