I have no idea why Cummins Engine (CMI) is up 14% this AM to the $72s; I do see a news event involving Caterpillar (CAT), and Navistar but fail to see a direct connection - I could be missing the forest for the trees. Either way I am going to use this opportunity to cut back my position from a 1.6% stake to 0.6% (I actually bought some yesterday as it spiked downward to its 50 day moving average, but not enough of a stake to mention, so sort of lucked out on those shares)If anyone can decipher why that news is good for Cummins or if there is something else going on behind the scenes with this name, feel free to add a comment. We'll buy back on future pullbacks.[Apr 30: Cummins Engine Excellent Report on Strong International Sales]...

No, this is not a hotstocknot article. I wrote this article for NextInsight about one of the lesser-known stocks in my virtual portfolio, and thought I'd reproduce it here in my blog. As always, grab the facts, but be sceptical of my opinions and think it through yourself. You may be aware of a Stock Challenge organized by NextInsight and that I am one of the invited participants. In my virtual portfolio is a stock called Silverlake Axis, and I’m writing this article as many people are not familiar with it. The company is a software services provider for banks, with a focus on Asian banking. Here is how the company describes itself on its website: “Silverlake Axis is a leading provider of end-to-end universal integrated banking solution. The Group's award winning Silverlake Axis Integrated Banking Solutions are implemented at over 75 customer sites in Asia including 40% of the Top 20 ...

Weill this has to be quick as the chat room was too busy and I spent a LONG time writing up a nice piece that I would appreciate all members read that are subscribers to at least the silver level. The writeup on the long section will hopefully help some of you to understand why it is 100000x times better to learn to fish than to just take the fish fro free. Now I am dead tired, just updated my orders, and still have to hit my forums. But what I can tell you here is that I had a few very nice stocks bounce off key averages or trendlines that could be very bullish on the short term to possibly the long term. I also loved the fact that the put/call ratio stayed at .94 above the .90 level which signals that most are still wanting to place as many bearish ...