My Power Stocks system identifies the best candidates for option trading or short-term stock trading, and this week it’s showing some powerhouse natural gas and oil stocks—as well as some that are tanking. 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.
These are the strongest stocks under surveillance with my Power Stocks system.
This stock has confirmed its upward trend after a temporary pullback. Such a bounceback is one of the most reliable buy signals.
- Rowan Companies (NYSE:RDC)
This stock is in a downward trend that is beginning to show signs of weakening, though it has not yet accelerated its downward descent.
- Exxon Mobil (NYSE:XOM)
Stocks to Sell
Sell these stocks on any further weakness—they’re not worth the heartache.
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.