PearlwhiteS2k

RIO and TCK and getting biatch slap too.

AZDavid

RIO under $30 is a buy

lOOkatme

throw in XTO in the mix....great company....they diluted.....so some of its large drop is explained...but great management.


looks like my BIDU stock will rocket up tomorrow.

my NON-energy stocks are killing it that I hold.....and thank god they are...cause energy is pulling back hard

cthree

Buying energy, ag or commodity stocks on the decline is trying to catch yesterday's bull market today don't you think? You'd be better off shorting them or better yet, put your money elsewhere.

The trade today is short commodities, ag and energy, long consumer discretionary, banking and tech.

AZDavid

I would disagree and say the true trade is stay in cash. The large bank moves should be just about over. Bank of America gained about $80 billion in equity value over the past week. The economy is still in turmoil.

It is time for the banks to correct back to their lows.

cthree

Banks will test their lows before they move higher. They went a long way in a short time. That is a normal movement.

AZDavid

Correct, I would say the movement is normal in a bear market. A bear market that we have yet to see the bottom in. The SEC curbing naked shorts in some select banks and the government bailing out FRE And FNM does not indicate our bottom no matter what CNBC says. The banks that most knew were strong released positive earnings. Well you can call the numbers positive if you relate the number to analyst estimates. The analyst estimates were so low for some of the big banks that I expected them to beat (just like they did last quarter). We will not know the real bank numbers until the end of the year when they are audited before their annual report releases.

We still have yet to see true inflation and unemployment. As company's profits are squeezed by higher costs they will be required to lay off workers. Adding to their problems is the consumers stay home and not spending money. I am going to take a shot in the dark and guess we see a 6.5% rate of unemployment by year end.

AZDavid

MTL is getting murdered today on the news Putin is pissed at the company

ExOdy

I sold out today with a heartbreaking 40%+ loss on this one.

Andrewca

Everything is getting slaughter