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6 Stocks to Sell in July

Unload these non-performers and high-risk stocks on the next rally

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A last-minute rally at the end of June popped the major indices through their respective 50-day moving averages, giving the bulls hope that enough buyers would emerge to keep the rally going. But recent history does not support buyers who invest solely on the vagaries of European economic politics. Instead, investors should focus on U.S. markets for guidance, and the technical picture tells us that, for both the near and intermediate term, the bulls are not out of the woods yet.

Currently stocks are somewhat overbought and due for a minor correction, but for the summer they appear range-bound roughly to the lows and highs of June. Thus, rallies should be used to lighten up on stocks that have not performed well, are subject to economic uncertainties, or are negatively impacted by the Affordable Health Care Act.

Here is our list of stocks to sell in July:

Article printed from InvestorPlace Media, http://investorplace.com/2012/07/stocks-to-sell-atk-cnx-db-fdml-jcp-wlp/.

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