My Power Options system identifies the best candidates for option trading or short-term stock trading, and this week it’s showing some opportunities in computer stocks These names are both volatile and liquid, two important characteristics of profitable options trading.
Use the following information to help you with your own options or short-term stock trading program.
Stocks to Buy
These stocks are in strong upward trends, with excellent upside potential. Buy on any further strength.
- Oracle (NASDAQ:ORCL)
- Cisco (NASDAQ:CSCO)
- Dell (NASDAQ:DELL)
- Nokia (NYSE:NOK)
- Xerox (NYSE:XRX)
- IBM (NYSE:IBM)
This stock has been in an upward trend for over a week, and displays good upside characteristics relative to other stocks.
- Honeywell (NYSE:HON)
These stocks are in upward trends, but are temporarily leveling or pulling back.
Weak but Leveling
These stocks are in downward trends that are temporarily improved—that is, they’ve stopped falling for the time being.
These stocks are in downward trends. They’ve tried to rally up, but without much success.
InvestorPlace advisor Ken Trester is editor of the popular Maximum Options program. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990. Try Maximum Options today for 2 months for only $99.