With the the return to resource stocks shifting into a higher gear, a trading opportunity exists to trade the commodity sectors where buying momentum is accelerating. A nice way to execute this strategy is to pick two names in each sector with stops as indicated below. The anticipated time frame for this trading portfolio is one-two weeks. I will monitor this portfolio and update with posted results.
This is an example of a strategy I employ, and will be available to the public when my Global MegaTrends Portfolio [1] service is available through Green Faucet later this month:
Disclosure Note: Author is actively trading the names listed in the chart below.
|
Sector |
Ticker |
Stock |
Entry Price |
Stop |
|
Gold |
AEM [2] |
AGNICO EAGLE MINES |
66.05 |
62.74 |
|
KGC [3] |
KINROSS GOLD CP |
19.86 |
18.86 |
|
|
Coal |
ACI [4] |
ARCH COAL INC |
63.55 |
60.37 |
|
BTU [5] |
PEABODY ENERGY CORP |
72.22 |
68.60 |
|
|
Nat Gas |
DVN [6] |
DEVON ENERGY CP (OK) |
117.5 |
111.62 |
|
RRC [7] |
RANGE RES CORP |
68.62 |
65.18 |
|
|
Dry B. Ships |
TBSI [8] |
TBSI INTERNATIONAL |
54.56 |
51.83 |
|
DRYS [9] |
DRYSHIPS INC. |
104.19 |
98.98 |
|
|
Metals |
TCK [10] |
TECK COMINCO CL B |
49.89 |
47.39 |
|
FCX [11] |
FREEPORT MCMORAN B |
119.04 |
113.08 |
|
|
Refiners |
FTO [12] |
FRONTIER OIL CP |
25.94 |
24.64 |
|
TSO [13] |
TESORO CORP |
24.76 |
23.52 |
|
|
Oil Service |
CAM [14] |
CAMERON INTL CP |
52.47 |
49.84 |
|
RIG [15] |
TRANSOCEAN INC |
151.29 |
143.73 |
Links:
[1] http://www.greenfaucet.com/kurt-kasun-s-global-megatrends-portfolio
[2] http://finance.yahoo.com/q?s=AEM
[3] http://finance.yahoo.com/q?s=KGC
[4] http://finance.yahoo.com/q?s=ACI
[5] http://finance.yahoo.com/q?s=BTU
[6] http://finance.yahoo.com/q?s=DVN
[7] http://finance.yahoo.com/q?s=RRC
[8] http://finance.yahoo.com/q?s=TBSI
[9] http://finance.yahoo.com/q?s=DRYS
[10] http://finance.yahoo.com/q?s=TCK
[11] http://finance.yahoo.com/q?s=FCX
[12] http://finance.yahoo.com/q?s=FTO
[13] http://finance.yahoo.com/q?s=TSO
[14] http://finance.yahoo.com/q?s=CAM
[15] http://finance.yahoo.com/q?s=RIG