Tuesday, December 9, 2014

$CLF Versus $CTIX - Blogger Pick Pays Off

Today, we saw the first trading day since I changed my position to long CLF by selling CTIX.  I stated that my opinion yesterday was that it was time to take gains in CTIX and that I feel CLF is headed to $9 per share in short order.

CTIX was up .22% on the day, whereas CLF was up 1.49%.  In the coming days and weeks to close out the year, in my opinion this outperformance will continue.  Please note, I am long CLF.

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