Tuesday, March 13, 2012

WOW -- That Snuck Up On Me -- For Investors Only

Oil up almost another dollar
Market up over 100 points
Mostly green in the sidebar at the right


Updates

Later: Yup -- CVX hit an all-time high today, going through the $111 mark. As regular readers know, Texaco was one of the first companies in which I bought shares back in 1987 when it declared bankruptcy. I had started investing in mutual funds three years earlier, but Texaco was one of the first individual stocks I bought on my own.

Original Post

Maybe more commentary later. I was just surprised with the numbers today. AAPL hits a new, all-time high. CVX just 70 cents from an all-time high. SRE, in a failed state (California), is hitting a 3-year high, and not all that far from an all-time high -- and this despite worst regulatory environment in the country for utilities (my opinion only).

KOG, NOG, OAS, and SD all up, some as much as two to three percent. Note, two or three of these companies were recently said to be under a "short" assault.

For those playing the Jim Cramer "Are You Diversified?" game, call Jim with the following tech, solar, battery, telecom, and oil company selections. Be sure to tell him you invested in these companies two to three years ago to be diversified.
  • RIMM, FSLR, AONE, S, GMXR
Or you could mention that you have the following five oil/pipeline companies, and see how that "diversification" is working out:
  • KOG, NOG, OAS, BEXP (STO), ENB
Again, this is not an investment site. Do not make any investment decisions based on what you read at this site. I make typos and errors. I have no plans to buy, sell, or do anything else with the companies mentioned in this post in the near future. See disclaimer.

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