Stock Du Jour (GOOG) & Random Observations | Home | Gratuitous Cute Chick Pic — July 20, 2007

July 21, 2007


Stock Du Jour (OIH) & Random Observations

Selling from the get-go, a typical trend day, traders were focused exclusively on the short side.

Notable New Lows: Bancorps out the wazoo, Media General (MEG) still retreating; Jones Apparel (JNY); Human Genome (HGSI); Blackstone (BX); UTStarcom (UTSI); bunch of homebuilders including Beazer (BZH) and KB Home (KBH). The “Bancorp” crash is so bad I think I’ll write a little report for donors about which ones I like best.

Notable New Highs: Boeing (BA); bunch of energies best represented by the Oil Services HOLDR (OIH); Intuitive Surgical (ISRG); and good old Apple (AAPL) a day.

Here’s a monthly chart of Oil Services HOLDR (OIH) to give some perspective since its creation back in early 2001.

OIH

This entry was posted on Saturday, July 21st, 2007 at 9:09 am (utc+8) and is filed under Trading and Investing.

Post your opinion