Thursday, July 23, 2009

Stocks Watch 7/23

After a good rally yesterday, are stocks tomorrow going to be overbought? Not neccessarily. If anything, there might be a higher pull on some of these stocks. Wait for confirmation mid morning. A day sell could be possible, but the timeframe might go out to a month.

CIM (3.70)
COMS (3.78)
HCBK (13.93)
TDW (47.13)
UBSI (18.48) - Look for a small reversal, large rally, and probably another reversal, be sure to use a stop to sell if buying this one

Stocks and options carry risk. I offer these suggestions as long trades for the following day without any guarantee.

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