Crude Awakening
On the surface, the market action this week has been very bearish amid another record energy prices – crude oil surged to $135 Thursday morning. And this gave the bulls a lot of pressure. Against all odds, our “Swing trader bulletin” continues to show nice gains.
In fact, if you purchased James River Coal Company (JRCC) since profiled in March 26 “Swing trader bulletin”, you’d be sitting on +140% gains on Thursday morning.
One of the more actively traded shares in the NASDAQ market was Vivus Inc (VVUS). The stock jumped about 13% Thursday morning and gains about +20% since profiled in May 12, 2008 “Swing trader bulletin”.
Similar to JRCC, Fording Canadian Coal (FDG) also posted a nice gain today, up +3.47%. The stock gains about 18% since profiled in May 05, 2008 “Swing trader bulletin”.
Initially profiled in “Swing trader bulletin”, Pacer International Inc (PACR) gains about +13% and remains well position.
Despite weaknesses in the metal stocks, shares of Stillwater Mining Co (SWC) rose almost +3% Thursday morning. The stock gains about +10 since profiled in May 09 “Swing trader bulletin”.
Other winning trades included
- Flotek Industries Inc (FTK) gains more than +10% in just 2 days
- Titan Machinery Inc (TITN) gains more than +20% in less than 2 weeks.
- Yamana Gold Inc (AUY) gains about +25% in just 3 weeks.
- Big Lots Inc (BIG) +23% in about 4 weeks.
- Del Monte Foods Co (DLM) +10%.
- Amdocs Ltd (DOX) +11%.
…and a lot more. These are just couples of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?
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