July 10, 2011

Kirby Corp ( KEX)

  • Kirby Corp took the long and decent rest for 4 months and breaking from there.
  • Lot of buying volume came into this stock and acted very orderly for last few months.
  • EPS/ Sales ( -12/3, -3/10, 18/12) are increasing progressively for last 3 quarters.
  • Market is ready to move up and this stock too..

Market 07/08/2011

  •  Market might oscillate in the range of 2900 – 2820 for couple of days before taking a moving up.
  • Market is maintaining the good range bound and wait to see whether it will breakout this range in this earnings season.
  • Leaders are acting good at this time and need to see more confirmation for few days.
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