Monday, October 11, 2010

The Titles, $POT $AAPL $CORN

As mentioned, I still see the title insurance companies as good short plays.
Things will eventually resume in the mortgage world but it may take a
while, invalidating their business models. What will they do in the
meantime? Make oven mitts?? Tickers include: $LPS $ASPS $FNF $FAF $ORI .
AS usual this is not official financial advice. Do your own due diligence.

$BAC and $WFC look like the ugliest banks in a foreclosure freeze. I blog
more about the banking mess here:

$POT
Potash shares are coming back to life as it is now threatening a breakup
and huge dividend payment. The train is about to leave the station again.
TelegraphNews Potash plans break-up to foil Billiton bid http://bit.ly/b8pxze $POT

$AAPL whisper rev number for 3rd qtr is $20 bln. As long as market holds up
on QE spec, Apple looks like a fairly good short term bullish scalp up thru
earnings. Yes, it is priced to perfection and yes they can be very
conservative in the guidance.


The $CORN etf will fly higher again. CORN CROP ESTIMATE CUT 3.8% --BIGGEST CUT IN 36 YEARS--ADVERSE WEATHER TRIMS YIELDS-- ALL GRAINS LIMIT UP $$

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