We have been fully invested until two days ago when we got stopped out of some fake positions. We are long this market and we hope that October 2010 bucks the bearish trends of the past. We do not pay too much attention to market cycles since we let the market speak to us. We probably get some decent entry prices today as the ADP report showed surprise job losses in the private sector. We can play a commodity theme in the market as we got a strong buy signal on the CRX – commodity index.
MIDD: The Middleby Corporation (Middleby), through its operating subsidiary Middleby Marshall Inc. (Middleby Marshall) and its subsidiaries, is engaged in the design, manufacture, marketing, distribution, and service of a line of cooking and warming equipment used in all types of commercial restaurants and institutional kitchens, and food preparation, cooking and packaging equipment for food processing operations.
MIDD Stock Market Chart for 10-6-2010
BMY: Bristol-Myers Squibb Company (BMS) is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of pharmaceutical products on a global basis. The Company’s products are sold worldwide, primarily to wholesalers, retail pharmacies, hospitals, government entities and the medical profession. It manufactures products in the United States, Puerto Rico and in eight foreign countries. In September 2009, BMS acquired Medarex, Inc., and in December 2009, it divested the Mead Johnson Nutrition Company.
BMY Stock Market Chart for 10-6-2010
NVIDIA: NVIDIA Corporation (NVIDIA) is a provider of visual computing technologies and the inventor of the graphics processing unit (GPU). The Company’s products are designed to generate graphics on workstations, personal computers, game consoles and mobile devices.
NVDA Stock Market Chart for 10-6-2010
GCC: GreenHaven Continuous Commodity Index Fund (or the Fund) is a statutory trust. The investment objective of the Fund and GreenHaven Continuous Commodity Index Master Fund (the Master Fund), is to reflect the performance of the Continuous Commodity Index (the Index). The Index is a broad-based commodity index consisting of 17 different commodities. The Fund invests all of its assets in the Master Fund in a master-feeder structure. The Fund holds no investment assets other than Master Fund Units. The Master Fund is wholly owned by the Fund. The Fund’s managing owner is GreenHaven Commodity Services LLC.
GCC Stock Market Chart for 10-6-2010
ADSK: Autodesk, Inc. (Autodesk) is a design software and services company. The Company serves customers in the architecture, engineering and construction, manufacturing, and digital media and entertainment industries. The Company operates in four segments: Platform Solutions and Emerging Business (PSEB), Architecture, Engineering and Construction (AEC), Manufacturing (MFG) and Media and Entertainment (M&E).The principal software products of these segments include general design software, including AutoCAD and AutoCAD LT (horizontal design products), discipline-specific design software, including AutoCAD-based products (vertical design products), model-based design software, including Autodesk Inventor products, Autodesk Revit products, AutoCAD Civil 3D, and Autodesk Moldflow.
ADSK Stock Market Chart for 10-6-2010
FCX: Freeport-McMoRan Copper & Gold Inc. (FCX), through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and molybdenum mining company. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which contains the single recoverable copper reserve and the single gold reserve; mining operations in North and South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo (DRC). FCX also operates Atlantic Copper, its wholly owned copper smelting and refining unit in Spain.
FCX Stock Market Chart for 10-6-2010
STN: Stantec Inc. provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects. The Company provides knowledge-based solutions for infrastructure and facilities projects through value-added professional services principally under fee-for-service agreements with clients.
STN Stock Market Chart for 10-6-2010
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I am a dad, professional engineer, MBA student, and a financial fanatic. I can help you make money in the stock market. I use Fibonacci techniques for retracements and targets, technical analysis, some little fundamental analysis, and automated systems trading. I also trade options. In addition, I use CANSLIM to get neat growth stock ideas. No fluff and no BS.
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