My Power Options system identifies the most volatile and liquid stocks for option trading or short-term stock trading, and this week it’s telling me that computers are short-circuiting.
Use the following information to help you with your own options or short-term stock trading program.
These stocks are in an upward trend and have the greatest upside potential. Don’t get too cute about the price here if you’re looking to trade—it’s good to buy on momentum so you know the stock is really moving up.
- PerkinElmer (NYSE:PKI)
- Juniper Networks (NYSE:JNPR)
- Dish Network (NASDAQ:DISH)
- Silicon Labs (NASDAQ:SLAB)
Stocks to Sell
And then on the other hand we’ve got stocks that are breaking down or about to break down. Sell any of these names on further weakness if you own them, or seek out put opportunities.
- Medtronic (NYSE:MDT)
- Johnson Controls (NYSE:JCI)
- Harris Corporation (NYSE:HRS)
- Hewlett-Packard (NYSE:HPQ)
- Sony (NYSE:SNE)
- JDS Uniphase (NASDAQ:JDSU)
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.