FCStone Group, Inc. (FCSX)
I bought some FCSX today - I would love to see a new all-time high in the next couple of weeks:
I like this stock. It has solid earnings growth and a pretty nice chart. And it can move.
What do I mean by a “nice chart?”
Most of the time, I simply mean it is trending up.
Other times I mean it has broken strongly through a level of resistance.
Still other times I mean that the volume is strong to the upside.
It is really a combination of these and other things that make a chart appealing. It is an art.
And that’s why computers aren’t as good at it as the best humans. Yet.
I plan to add more to this position over $38, and complete a full position at a new all-time high.
