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.
These stocks are in temporarily improved downward trends.
Stocks to Sell
These stocks show signs of accelerating their downward descent.
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.
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.