Monday, January 30, 2012

Greece... again... really?

Renewed worries over the Greek debt situation caused a bit of worry for investors today.  Markets responded by selling off early, but stocks rallied into the close.  The Nasdaq had an especially nice turnaround today with Apple (AAPL) leading the way higher.

As far as energy stocks go, I saw quite a bit of weakness early across most names, but I used this morning's pullback as a buying opportunity.  I'll get into specific energy names I'm trading as well as few names I'm researching in a few days.  I'm rearranging my work life to focus more on this blog... but it's gonna take a week or so to get it done.

So that's it for today...

Remember, this blog is for short-term traders with a time horizon of a couple days to a few weeks.  If you're a buy and hold type investor go ahead and use my research but keep in mind... I'm buying and selling the names I'm talking about on a consistent basis.  I will fully disclose my positions in stocks I'm talking about if I have them.

There's a lot of great energy stock trading information coming your way soon, so get ready!

til next time,

Justin