Humble Lessons and Musings from a Novice Trader




Thursday, June 01, 2006

No ideas, need to do research on retail, financial, biotech

I've been swamped lately, haven't been able to get a chance to look at potential stocks. The goal for me now is to diversify the portfolio and add something from the non-energy category. I do have ideas in the various sectors. I will research and update on the weekend.

retail: COH, JWN, JCP. The last two reported good sales in May despite of high gas prices
financial: LEH or one of the investment banks, MA. Morningstar had an article out about MA that it could double from its IPO price.
biotech: CERS. I am very clueless in this sector, but CERS looks like an interesting play. It work with blood safety technology and was featured in BusinessWeek a couple of weeks back.

I am still in a watchful mode on the stock market, especially when it spikes up and down on every piece of data released.

OT, but it is kinda bizarre that my watch list of EZM and OXPS has performed better over the past couple of weeks than my current holdings..

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