Thinks it will go higher. He does not know if the iWatch will be successful, however. He is more concerned about market risk in the back half of the year so he does not like to look at stock at all time highs. Don’t chase it here. Don’t put new money into it.

It looks like we are making a bottom. We are in accumulation mode. Get out if you see lower lows.

Close to its all time high. He is not a big fan of it in May. Be patient and look for a buying opportunity later in the year, close to $30.

They get more from downstream business than upstream business. A lot of the recent increase in share value was on refining. He does not like the risk reward ratio on this one, nor SU-T. There is a lot of overhead resistance.

Indian ETF. Very different demographics in India vs. China and he is bullish on India. We pulled back to the 200 day moving average. We are sitting on it right now. He thinks we are probably going lower and it will be a better opportunity in the back half of the year.

We are in the early innings of the 3D print market. He passes on the sector as it is too early for him. PE is 40.

This is a higher risk story and we are starting to see it playing out now. There will be some upside, but it will be a multiyear up cycle.