Bret Kenwell's  Instablog

Bret Kenwell
  • on Market Outlook
Send Message
I seek out companies that have the ability to generate above-average growth for many years, before ultimately becoming a shareholder-friendly, dividend paying titan, cementing its spot in my portfolio with an incredibly low cost basis due to the previous years of steady, strong growth. These are... More
My blog:
Future Blue Chips
  • Bull Horns & Bear Claws -- My Two Main Holdings & The S&P Will Consolidate 0 comments
    Dec 19, 2012 11:35 AM | about stocks: F, SDRL

    Aside from trading around the dips and rallies, Ford (NYSE:F) and Seadrill (NYSE:SDRL) are my two main longs right now. I don't trade around them and have occasionally changed the options around, but have essentially held them long since I started writing about them several weeks/months ago.

    I think both of these stocks have the ability to continue moving up and that's why I'm long via call options. Ford has a very strong chart with bullish sentiment all around. I think the $13 range is not a ridiculous figure, especially since Ford traded up $11.85 in early trading this morning. Here's the charts for the two stocks:

    Ford:

    Seadrill:

    $38 is the current trading price for Seadrill, which is nice to see considering I've been long for a few weeks. I knew going into it that I might be a little early, but I wanted to be sure not to miss the move. That's why I'm using April options, so that I have a while for this move to play out.

    Like I've posted several times before, the last two times Seadrill breached its 200-day simple moving average it...(to read the rest go to my blog at Paid2Trade.com)!

    Don't forget to bookmark my blog and follow me Twitter @Traderboy23 for instant updates when I post.

    Disclosure: I am long F, SDRL.

    Stocks: F, SDRL
Back To Bret Kenwell's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • Still relevant: Why the Rate Hike is Excruciatingly Similar to Your High School Crush http://seekingalpha.com/p/2jlpe
    Aug 20, 2015
  • $DIS $SBUX $MA $V -- The four stocks in FutureBlueChips.com all making record highs.
    Jul 20, 2015
  • $AAPL up and over $127.50 in PM, this one has traded very well the past few days. let's see if it can get over 50-day.
    Jul 16, 2015
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.