RSS
Getting Aboard Noah's Arc with Commodity Trades
by Kurt Kasun  | PUBLISHED: May 15, 2008 AT 2:28 PM |   | | | | | |

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 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

AGNICO EAGLE MINES

66.05

62.74

 

KGC

KINROSS GOLD CP

19.86

18.86

Coal

ACI

ARCH COAL INC

63.55

60.37

 

BTU

PEABODY ENERGY CORP

72.22

68.60

Nat Gas

DVN

DEVON ENERGY CP (OK)

117.5

111.62

 

RRC

RANGE RES CORP

68.62

65.18

Dry B. Ships

TBSI

TBSI INTERNATIONAL

54.56

51.83

 

DRYS

DRYSHIPS INC.

104.19

98.98

Metals

TCK

TECK COMINCO CL B

49.89

47.39

 

FCX

FREEPORT MCMORAN B

119.04

113.08

Refiners

FTO

FRONTIER OIL CP

25.94

24.64

 

TSO

TESORO CORP

24.76

23.52

Oil Service

CAM

CAMERON INTL CP

52.47

49.84

 

RIG

TRANSOCEAN INC

151.29

143.73

Some of these stocks are en fuego. DRYS has been on a hell of a run.