Contra Picks

I have not done this for a while, but I ran my contrarian spider/neural network search and found several buy candidates, BGC scored very high.

Strong Buy: BGC

Because it's a machine pick with a lot of parameters, I, as a human, have to find out why it's picking this one favorably. I will let you know later.

Trading for success!

Market Swimmer

Show Me the Money

Crude oil pressed into 80 on Wednesday and closed at an all time high as OPEC lifting production quotas. Strange, even when driving season is over, no major hurricane. True, the crude inventory decreased 6 million barrels, but did the press tell you the inventory is still higher than 5 year average? Wasn't at the same level last winter the big guys tried to knock oil down to $40 when OPEC cut production, the press say OPEC always cheat? Now OPEC not only cheat, but also made public that they all agree to increase the production, but all the sudden they all say bullish.

How can you keep all of them in check and find out what is moving the market, who is lying, who is telling the truth? Somebody know all of these, you don't even calculate any of these. See the chart below for a clue:



Buy PGN

Earlier picks, CLN, CMI did well,
ANN -- the insider pick - breaks out!

Cheers,

Mkt Swimmer