TradingMarkets 7 Stocks You Need to Know for Friday: CPB, MA, AXP, DELL, AAPL, WFC, NVDA

Financials were a source of selling on a day when the broader market moved deeper into overbought territory. Both credit card companies and other financial services firms moved lower ahead of trading on Friday.

Up big in Thursday’s trading were shares of ^REV^, up more than 22% and back above its 200-day moving average, and shares of ^TBL^, which gained 30%.

Here are 7 Stocks You Need to Know for Friday.

Up more than 1% and into overbought territory below its 200-day moving average ahead of trading on Friday were shares of ^CPB^. The company is scheduled to report quarterly earning Friday morning before the market opens.

Shares of ^MA^ (below) dropped by more than 1% in trading on Thursday.

MA chart

Thursday’s close marked the stock’s second consecutive lower close. Any significant selling on Friday likely will put MA in oversold territory above the 200-day moving average.

Down by more than 2% and closing lower for the third session out of the past four were shares of ^AXP^.

Among blue chip technology stocks, sellers were sending both ^DELL^ and ^AAPL^ lower heading into the final trading day of the week. Both stocks pulled back by more than 1% on Thursday.

Pulling back for a third day in a row and closing just outside of oversold territory on Thursday were shares of ^WFC^ (below).

WFC chart

Wells Fargo has not been in oversold territory since the stock rallied above its 200-day moving
average back in December.

Shares of ^NVDA^ (below) soared by more than 9%, closing in overbought territory after pulling back into oversold territory above the 200-day moving average a week ago.

NVDA chart

NVDA was among the stocks we highlighted earlier this week in 7 Stocks You Need to Know.

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David Penn is Editor in Chief of TradingMarkets.com