The economic news from Japan is positive and the US data disappoints, but the market just keeps on slogging uphill. The market just keeps on ticking. I expect some kind of roll back before too long, but it will be a good one, a buying opportunity, to say the least.

My research is going well. Every day, I learn more about the smartphone and alternative auto industries. I like what I am finding.

  • Samsung widened its lead over Apple in the smartphone market in Q3, with Gartner estimating that Samsung sold 80.36M smartphones vs. 55M a year earlier and Apple 30.33M vs. 24.62M. Overall, the number of smartphones sold increased to 250.2M from 171.65M.

Smartphones are still selling like hotcakes (I need a new simile – how about “selling like tablets?”). Although Apple and Samsung are interesting companies, they are not what I am after in my research. The point of the above is that someone has to be making the component parts for all those smartphones and tablets flying out the door (I need a new metaphor – how about “being delivered on Sunday via the USPS?”).

Thanks to the Motley Fool, I came up with three names that bear watching and, perhaps, trading immediately. I have added them to my watch list. They are: ATML, RFMD, and TQNT. I will be adding more as I move through my studies. In the meantime, I will also be building my watch list for alternative-auto stuff. I am particularly excited about the information I am finding. I am particularly excited about the possibilities in the nascent and growing fuel-cell aspect.

  • Toyota says it’s made several advances to hydrogen fuel cells that will make them significantly cheaper, and will allow the company to sell a car using the low-pollution technology in 2015—years before its competitors.

The fuel-cell market promises to be big, but that is coming down the line. The exciting stuff right now is the small, penny-stock companies that are doing the R&D and production of fuel cell technology. As well, a couple of larger companies trading in the teens are worthwhile prospects for trades or investment. Here are several for your perusal – PLUG, HYGS, and HYEG. The latter is barely breaking through on the trading level. Its volume is insignificant right now, but it is alive and it is generating some revenue. Relatively speaking, it also has little debt for a startup. The other two are more established and have way more volume. Anyway, my work is just beginning.

To get a sense of what is going on in the hydrogen fuel realm, take a look at the website below.

http://www.thehydrogencompany.com/

To get a sense of the stocks in the burgeoning industry, take a look at the web site below.

http://www.tickerspy.com/index/Fuel-Cell-Stocks

The market is still in the green overall as I close out this morning. The VIX is still hanging around the 12 zone. Oil is down, gold is steady, Janet Yellen is coming onboard the Fed, the ideological fiscal conservatives in the US are quiet, Iran is close to making a deal with the world about its nuclear ambitions, and Syria is closing in on destroying 13 tons of chemical weapons.

As platforms go, the one above looks pretty stable, meaning, what is out there right now that will derail this market to any great degree, other than its own need to balance itself?

BTW, yesterday I referenced my “migliore donna” and I did not translate it for you. In Italian, the two words mean “best woman.” Okay, I clarified that. I feel better. I really dislike loose strings.

 

Trade in the day; Invest in your life …

Trader Ed