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Nucor Corporation and its subsidiaries engage in the manufacture and sale of steel and steel products in North America. NUE is a tough stock to analyze in my opinion. It is in one of the leading industries in a horrible market, i.e. steel, yet its...
Well, how about shorting cheesecake factory, symbol : CAKE. The stock has been weakeaned by the overall economic downturn. Less people going out to eat due to higher gas prices and those chosing to dine out not going upscale restaurants is...
I am going on record and buying a bunch of X puts. I think todays run up to $173 is it for a while. I have been having bad luck on the downside of some stocks (VISA) so i wont be surprised if this bites me in the rear. I will post some charts later in...
I could not help but read the comments on Brett’s call for shorting Visa and the other conversations around shorting Apple. I have to disagree with both calls. Visa is not a short because everyone thinks its going to be the next Mastercard. Visa...
Last week I mentioned Walters industries. The stock was in the low 70’s/high 60’s at that time. Today, the stock broke out on huge volume of over 5 Million shares. WLT closed out at 81.58 up 8.65 on the day. The stock has been on fire for...
