All through the weekend, the news was filled with folks trying to interpret Trump’s mysterious remark about how “only one thing will work” when dealing with North Korea (and it isn’t diplomacy). It seems the only logical interpretation would be “attack them”…..
Note from Tim: I got a nice email from a Sloper who thought the blog could use some trades more at the beginner level; he kindly included two of his own to get things started. Here is the second…….
The concept is to post a trading idea that starts a discussion about the trade. The post is for novices like me to learn from each other especially from the experienced Slopers. I have laid out the basics of the company, the trade idea and then the charts. As you can see, the charts are very basic and hopefully will become more sophisticated as experience and feedback occurs. Please join in the trading discussion:
- Methanex Corp (MEOH) Produces and supplies methanol. EPS is projected to increase 2,436% mainly because of recovering from a loss in 2016.
- IBD ranks them 12th in their group with an overall composite rating of 80, Zacks rating is a 2 (1 – 5 rating, 1 strong buy, 5 strong sell) and Thomson Reuters has an average of a buy rating from 13 analyst.
- Stock has low liquidity
- MACD showing down
I’ve been online for over a third of a century, starting with a 300 baud modem and a BBS. During the latter portion of that timespan, the age of the Internet, I’ve been exposed to countless thousands of ads, increasingly customized to my habits, purchases, search engine requests, and whatever else can be ascertained about me by my online activity.
Starting a couple of years ago, I started noticing something odd about the web sites I visited. And here she is: