These stocks are still showing "buy" signals and the trend still looks okay: NFLX, AAPL, WPI, RCII, AMZN, CREE, and MFE. No hurry for new positions. Wait to see if the market continues to sell off. WDC and MU still show a "buy" but I would say to watch these for another day or two (I didn't like today's move on these stocks). These next stocks have moved to a "hold" or a "watch": GS, ATML, GLW, FCX, IBM, and KSS. I still like some of these stocks, but the recent selling has put them into a riskier "buy" position. If support levels hold, they could look good again. If they don't...we will move on to the ones that do look good.
Monday, April 20, 2009
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