I wrote an article for Investopedia regarding a double bottom in some construction / machinery stocks. I mentioned CAT,DE,FLR and CNH. I should be writing a lot more of these in the near future, so if anyone has ideas they would like me to look at, drop me a comment.
Joey
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Any thoughts on companies in the oil patch??
That is my next article. I think oil stocks are also setting up for a bounce. I see a head and shoulders top in dug that looks to be confirmed.
Joey
It seems like the refiners are acting best (SUN being the best of that bunch) but I can't help but think plays like DXO should do okay also.
Sun looks pretty good. I think DIG is a better option then DXO right now. It seems the service sector will outperform the commodity near term.
Joey