Wednesday, September 26, 2012
Wednesday, September 5, 2012
Brookfield Infrastructure Partners
Brookfield Infrastructure Partners (BIP) recently made all time highs of $37.00 and has pulled back to $34.26. The trend is still in tact from 10/4/11. The company is a utility play that has a portfolio of assets that span the globe. BIP also has a 4.28% dividend yield.
http://seaofopportunity.blogspot.com/
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
Friday, August 31, 2012
Discovery Communications
Discovery Communications made all time highs this week at $55.11. The stock has risen 52% since the start of 2012. The company trades at a Forward P/E of 16 and has no dividend yield. CBS Corporation, another broadcasting stock made all time highs this week as well. I would be looking to play this from the long side as long as the trend stays intact.
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
Thursday, August 30, 2012
Costco Wholesale
Costco announced an increase of 6% in same-store sales for the month of August this morning. The stock traded to all time highs today closing at $98.59. The stock punched through it's Bollinger Bands on a daily time frame and a variety of technical indicators are reading overbought such as Stochastics and RSI. Costco could be a worthy name to add to a watch list if one is trying to get long some retail strength.
http://seaofopportunity.blogspot.com/
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
Tuesday, August 28, 2012
Regeneron Pharmaceuticals
Regeneron Pharmaceuticals made all time today after coming out of a four month consolidation. Stock is up 164% YTD. On a short term time frame RSI 2 and 5 are reading 100. I think this stock could be a long on pullbacks as long as the uptrend remains intact. Use proper risk management.
http://seaofopportunity.blogspot.com/
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
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