All indications for the market this morning are slightly higher following a must better than expected durable goods number, which may mean that the economy is either not as bad as what people think, or is starting to recover from the slowdown that started 9 months ago. We had a slew of positive earnings [...]

On sector of interest to me is the waterbound shipping companies. I personally bought a significant amount of Genco shipping near its bottom of 42 during the pullback. This entire sector is on an amazing run as investors have started to realize that a slowdown in the US economy does not necessarily mean [...]

Fcx posted earnings of 2.64$ vs 2.02 consensus helping to push the stock up to 121, right above a new 52 week high. This is a fantastic opportunity to buy into fcx as the street sold the news, so to speak, when they destroyed earnings. Look for FCX to hit 140 very near [...]