BDI after the typical January lull has jumped over 30% in a month and the sport 4 has almost doubled.
BDI after the seasonal bottom in January has now increased 30% to 1391 in a one month time frame with Spot 4 almost doubling. Ceo for dryships stated in his 1/4 report the demand was picking up where as DSX CEO was more cautious. On top of Cat's Ceo stating yesterday that March 2014 was the best March in 4 years, we might finally be getting this pick-up in industrial production. I've been fooled a couple times on the BDI, but lets see what happens the next few months. Still waiting to double down on my steel and iron ore stocks as well as the dryshippers. NM and DSX have been doing well despite the slowdown.
Another non-event, but I doubt we can make a major move upward until Friday's report.
How long do people like myself have to tell you that Toll doesn't need 1 to 1.5 million sales per year. Toll will do fine between 400,000 and 500,000 and any number above is even more bullish. Less competition, toll is in the high end, and economies of scale have helped Toll make it through the downturn. Once we get 1 million sales which may take awhile Toll stock will have already reached well over $60 per share and you will still have that dumb look on your face.
$49 is $10 lower than my target, but he has to be more conservative.
Don't buy at the open today and I still would wait to load up on more toll shares until it closes above $40 and can stay their a few days. We still have a lot of resistance in this area. Friday's unemployment report will dictate where the market goes so I hope everyone bought yesterday.
If us longs get overly excited today and bash the shorts, we could get burned also. The fact is this is a non-event and Friday is the day that will decide the market run for the near future.
You better work overtime today throwing out your hate. How's your account doing in cash today? Any other ideas I can do the opposite? Oh and do us a favor and get some economic and equity training, you're making a fool out of yourself.
It's like being in the major leagues with Prime and Sage still being potty trained.
I'm tired of being right all the time - check out all the venom and ridicule towards me - Contrarians make the most money on Wall Street and that has been proven.
SNPMarketScopeViewsNews2014-03-03 13:29:26.000ISRGINTUITIVE SURGICAL, INC.BARNETT BRODIEST ROBINSON HUMPHREY REPORTS INTUITIVE SURGICAL AWARED VA CONTRACT Analyst Amit Hazan says it appears that Dept of Veteran's Affairs (VA) awarded ISRG contract valued at $142M. Notes funds have now essentially been approved and can be used by VA hospitals during next 5 years to purchase da Vinci systems and subsequently all instruments and service as well. Says, prior to this award, procurement of systems by VA was challenging and time consuming, this award essentially eliminates that hurdle. Expects mgmt to provide more detail on its next call, but this provides nice upside to 280 US system sales he models for '14. B.Brodie|US;ISRG|65517|US|169373
Again, how many times will Sage and Prime embarrass themselves. Again, stop being cowards and tell us your real names.
This is a guy who lied he was 65% stock when he's been saying he was 100% cash - Funny how having no money like Sage can turn you into a miserable piece of 00000
Again, we will be higher by the end of the week.