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SSO June Calls Reentry

May 05 2009

SSO And Ashland Inc. (ASH)

I am still holding SSO shares so my bias is positive but not as bullish as I was when holding the call options. I took a look at a number of stocks today looking for a decent stock position to take but overall earnings are not very good and not expected to be very good soon. I like Ashland Inc, the owners of Valvoline, as the stock rallied after a recent earnings report where it reported 85 cents with analyst only expected 30 cents. But it is ahead of itself at this time from the analysis that I did.

(c) 2009

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