Sector Scan: Nasdaq 100 Stocks

My Power Options system IDs the Nasdaq leaders and laggards

   

2012 11 26 ndx aapl 300x223 Sector Scan: Nasdaq 100 Stocks
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The Nasdaq 100 Index is struggling to rise from a downward trend without much success. And no, it’s not entirely Apple’s (NASDAQ:AAPL) fault.

My Power Stocks system identifies the most volatile and liquid stocks for option trading or short-term stock trading, and this week it’s identified the Nasdaq 100 stocks that are looking weak, as well as a few pockets of strength.

Use the following information to help you with your own options or short-term stock trading program.

Weak Stocks

These stocks are in temporarily improved downward trends.

  • Apple (NASDAQ: AAPL)
  • Broadcom (NASDAQ:BRCM)

Stocks to Sell

These stocks show signs of accelerating their downward descent.

  • Dell (NASDAQ:DELL)
  • Microsoft (NASDAQ:MSFT)
  • Google (NASDAQ:GOOG)

Improving Stocks

These stocks have shown upward relative price movement, but also have overhead resistance holding them back.

  • Oracle (NASDAQ:ORCL)
  • Cisco (NASDAQ:CSCO)
  • Ebay (NASDAQ:EBAY)
  • Biogen Idec  (NASDAQ:BIIB)
  • Amazon (NASDAQ:AMZN)

Stocks to Buy

Be on the alert to buy these stocks on further strength.

  • Qualcomm (NASDAQ:QCOM)
  • Yahoo (NASDAQ:YHOO)

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.


Article printed from InvestorPlace Media, http://investorplace.com/247trader/sector-scan-nasdaq-100-stocks/.

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