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 computer stocks are in a downward trend, with huge downside potential. Plenty of opportunity for puts here.
These are the weakest stocks in downward trends—in bear markets, they’re severely broken down, and in a bull market, these are the laggards. In either case, these are stinkers to avoid.
Sell these stocks on any further weakness—they’re not worth the heartache.
- 3M Co. (NYSE:MMM)
- Broadcom (NASDAQ:BRCM)
- Cisco Systems (NASDAQ:CSCO)
- Pitney Bowes (NYSE:PBI)
- Nokia (NYSE: NOK)
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.