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Thursday, October 2, 2008

Trading Potash ( POT ) today

Today the Ag stocks are getting crushed because Mosaic ( MOS ) missed earnings by about 10%...but earnings were still pretty incredible compared to last year. POT and MON are getting drilled as well. All of a sudden everyone is throwing out Ag stocks!

POT has hit a low of $95.24 today so if you go long....use that as your stop.

National City ( NCC ) Stock up in Pre Market - 10/02

National City stock, ( NCC ) is up 3% so far in pre market to $3.00. Last night, John Najarian from CNBC Fast Money said it is his favorite stock in the short term, and if this rescue bill passes the senate, you could see this stock really rip higher.

Keep an eye on it today!