Keeping an eye on FRE as the stop point of $29 looks like a very real possibility given the strength exhibited yesterday.
NKE technically should have been kicked out of the portfolio at $65 as the chart broke down. I missed that, but since the stock showed some real strength over the past 2 days, we will attempt to ride it to the upside and look for a chart reversal. A new stop is going in at $64 to protect the downside.
Going to take some more profits on the rails and let the rest ride, the charts have hit their targets. Sell 10 BNI around $107, sell 10 UNP around $150.
Looking to initiate some new buys in the following arenas:
Oil and Natural Gas - potential buys are DVN (adding shares), CHK, NOV, FTI, COP, NBR or HAL.
Solar and Wind Power - potential buys are TRN, PWR
Materials - potential buys are FCX, CLF, X, RIO, CAT, even looking at DE
Aerospace - potential buys are BA and BEAV
Going to buy another 100 shares of VZ at $39 or better
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