Infrastructure with strong financials. Recent systemic damage sustained should be temporary.

CMM is a highly speculative play with probably the highest risk IMO. The company is awaiting financing to expand and restart mining operations. Buyer beware.

Sure Century Mining's got big management problems, but it's a bet things will get better in the long run because the company's assets are worth lots of $ in my opinion.

New maps showing presumed area of other coal permits are surrounding the original coal discovery. But SMI seems to be way off the mark. Still no permits yet.

Petrocorp hit its year low last month. It is unlikely to drop below this point due to the July 11 profit report showing year-on-year growth. Call Options at this point are relatively cheap. If it falls, it won't fall below the line. If it goes up, it's all profit.

Yen up against the AUD dollar after weekend.

There’s some heavy speculation going on the

market about microsoft’s buyout of yahoo. yahoo

went up 7% today and closed at 28.76. There’s increased

tension between the two company as yahoo is refusing to

give into $31 a share buyout. They are still negotiating and there’s

talk that microsoft might do a hostile takeover. I think microsoft will raise

there bid to maybe 33-35 level. I think yahoo is worth more than 31 a share

simply because yahoo has a lot of potential to increase its market share of the

internet advertisement industry and it has good return on average equity of 21%, while

it still gotta work on improving return on assets.

With April almost put away there should be smiles on the dials as profits are booked. However May has a habit of turning that smile upside down. Why you ask? Well out of the last 10 years 9 of them have had significant down moves from the second week in May. Despite a weak first quarter we are lined up for some pain.

On this particular stock a number of indicators show increasing weekness, and lost momentum. In short I think the $90.00 support level could be tested- but time will tell.

Happy Trading

Check out the incredible island reversal in those names...

Ok, I`m sticking my neck out - AAPL may be worth a trade here at 132 and change. It`s been forming a min-bowl and today it broke the mini resistance at 130. I would buy a little if it comes in on low volume. I would even put on a portion of a full position at this current price.  Granted, it`s not the right season for tech and so I wouldn`t over stay my welcome.  My time frame is pretty short - less than a month.

Disclosure: I`m long AAPL.

Please do your own stock homework and take responsiblity of your own trades.