My 2 cents...
Mos had a huge am volume day Thursday which showed enough strength to come back to positive but still close negative. Today could show similar move but on half the volume. If it comes back to positive today, and closes positive, up would be the trend going forward. Euro downgrades are in and that's a positive for markets because it only moves up when there are more answers than questions. Euro downgrades by S&P are a good thing for the markets. Next week should bring about a 10% move, but I'm only 75/25 the move will be up. If today closes positive, I would want to be long MOS for a few months.
Just my opinion, please don't invest your money based on it alone.
Very interesting day today. POT is up nicely on an upgrade, with solid volume and MOS showed a positive test (and hold) of a crucial resistance level, but with very weak volume. I did not get long the stock today because of the disappointing volume but if there's a gap up on the open Wednesday, even a penny, I'll start buying my shares on all pullbacks. Great company, broken stock... could finally get "fixed" tomorrow.
45 min to go and it looks like today might be the day to test that $55.25 closing level. Price action and volume today tell me a close above it could bring a very positive session tomorrow, but it won't be easy. If the stock holds it, and the volume gets a little better, I'll get long 10 min to close today.
Take your money and run. The air's kind of getting thin at the level the SPX is at. Per the low volumes, and recent anemic attempts to move the market north, and the VIX putting in a double-bottom, yall got the makings of a pull back.
Many Dow stocks have already started to correct. Neither POT, nor MOS got the nod this time, in favor of CF: http://stockcharts.com/h-sc/ui?s=CF&p=D&yr=1&mn=4&dy=0&id=p45584704031
If you think the market's going up right now, definitely buy more. There's apparently no momo left in the market to push this north?
More than half of the 6.3 million shares traded today were in the final two hours of trading, a complete reversal of yesterday where about 5 of the 8.8 million shares traded were in the first hour and a half. I think this is very positive for MOS as the reversal to positive yesterday, as well as the positive reversal today with a higher close, could mean the majority of selling is done. A close today above $55.25 would have been extremely positive, but didn't happen so I did not go long the stock.