market101+

Wednesday, April 19, 2006

market drivers: for the moment are primarily: interest rates, current earnings reports and China VS USA.

Lurching close behind these "title" movers are price of oil as it will soon drive the price of gas over 3/gallon. AS the energy prices get worse discontent will grow and more burden for the poorer. The big investors will become more fearful of how the masses of little guys will divert their resources. For the present their is an abundance of money chasing commodities and stocks. My take is there is more stock market strength ahead until the above factors spook the market. My concentration is small caps and presently owning stocks as ZENX, GIGM, TGC, HOM and some more speculative ones involved in Avian/bird flu. My targets are for these movers to gain another 25 to 50% and move to wherever the market seems to be at that time. So I will know when to fold em as I am about 30% ahead year to date. I consider my holdings to be aggressive and fitting my "maverick" style. Energy palys are the safest plays to protect the down side but it is not a given that the have the best price appreciation potential. Yes I am sleeping well but I do have mental stops and target prices to sell for each stock that I own.

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