The floor is on fire! (and
believe me the roof is on fire as well!) but today am bringing some stocks I feel
comfortable with (
technically speaking), regardless what´s truly hot
now days: currency corrections!, I will focus myself in those stocks with prices so low that value seems to be calling me to trade them. You can go for
Hecla Mining or Quicksilver ( with very nice graphs and figures) but I might halt on
Office Depot where a bounce back into "what used to be historic lows" might bring back today a 30% return on
investment if you
are buy the stock, of course you can always go to options (calls) to bring back
some leverage to your pocket with a 6 to 12 month
time frame. Other nice stock is
Biovail, with more than tested floor it seems like is burning down there and jumping from that hot line can air its potential. At the same time commodity related stocks like
Hecla Mining can diversify your portfolio and some how give you the advantage to trade oil non-
impact stocks (as this is not much of a true quote as everything is impacted by oil, but). In the past volatility has played a key role in making a
decision of
whether to take or not stocks with a beta that will show little reaction to major changes in the benchmark index used, in order to make safer portfolio... I think this is nothing but a
different way to go...but not a safer one since any stock should suffer investors anger or
optimism. Consider this stocks as
something else for next 6 months trading range.