Thursday, April 2, 2009

The Beginning of The End?



Is it over?

March 30 -April 2 Update
Sold for Gain
CENX - $1563
CNO - $628
KOG - $377
HYTM - $71
BGP- $47
Total Gain - $2592

Like Agent Smith asks of NEO in the Matrix at the end of the great Battle scene in Revolutions, "Is it over?"

Well it may not be over yet and only time will tell, but some are calling for the end of this great economic battle to be nearing based on the latest increase in unemployment.

“Job losses tend to be very bad at the end of a recession,”
says Bank of Tokyo-Mitsubishi’s chief financial economist Christopher Rupkey.

"Rupkey notes that in 1991 and 2001 recessions, job losses peaked two months before the recessions technically ended. Interestingly enough, some economists are now calling for an end to this recession in April or May."

So reports CNBC in their post

March Job Loss May Signal That Worst Is Finally Over

Jobless benefits surged to a nearly 26-1/2 year high and many economists feel that though these numbers will continue to increase, we may be nearing the end of the recession. Today's market rally of 216 points on the DIJA tends to lend credence to that as you always have to remember that the market has already taken in the bad news and is always forward looking. So today was another good day to be in the market but we defiantly feel toppy at these level with the DOW so I'm watching cautiously an waitng to see

A couple of stocks that have been on my radar and in my portfolio were stocks that went big such as CNO and CENX.


CENX

Up 30% today!

CENX was a monster play and many made and will continue to make big money on this one.

CNO is another hot stock with impressive gains over the last few days. effectively doubling over the last few days from Tuesdays .68 to today's high of 1.29. This stock still has plenty of room to roll so keep an eye out for this one as well.


CNO

A double from Tuesday!


A few stocks that have been on my radar but I have yet to buy is LVS, MGM, DAN, ALY and PWAV. Though I did buy PWAV. This has just srteadily been climbing everyday for some impressive gains.


PWAV

Ain't that pretty!

LVS

A better Bet then the tables a Vegas!

MGM

Just beginning.

Check out that Volume spike!


2 comments:

Justin said...

Delta your back, been along time. Adding you to my rss google homepage! Nice cars btw...Nice to see a comeback and some good profits being spent.

-JJ

amao11 said...

beautiful cars. I look forward to buying someday soon one of those! with your help of course.
Is it possible you give us an insight of your "world" you know like what tools you use for intraday trading and more?
Thank you.

 
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