TradingMarkets 7 Stocks You Need To Know For Today

Stocks fell Tuesday, with the Dow staging its worst
single day single day performance since late October and its worst post-holiday
performance in more than 10 years.
The Nasdaq fell double digits.
Volume was light in holiday trading.

The yield curve inverted for the first time
in 5 years, with the 5-year note at 4.288%. Historically, an inverted yield
curve suggest a slowing economy.

Crude oil fell slightly and natural gas prices fell $11.

Now, here are some stocks to watch for Wednesday:

SanDisk

(
SNDK |
Quote |
Chart |
News |
PowerRating)
may form a double top.

SNDK’s
PowerRating
is 3.

SPSS Inc
(
SPSS |
Quote |
Chart |
News |
PowerRating)
may break out.

SPSS’s
PowerRating
is 5.

JetBlue
(
JBLU |
Quote |
Chart |
News |
PowerRating)

closed poorly after going parabolic.

JBLU’s
PowerRating
is 5.

Bausch & Lomb
(
BOL |
Quote |
Chart |
News |
PowerRating)

may bounce after two bad days. Note: possible dead cat bounce.

BOL’s
PowerRating
is 4.

OfficeMan
(
OMX |
Quote |
Chart |
News |
PowerRating)

also had a bad day and may bounce
soon. OMX’s
PowerRating
is 4.

Franklin Resourcess
(
BEN |
Quote |
Chart |
News |
PowerRating)
looks like a rounded top.

BEN’s
PowerRating
is 4.

The Board of Trade
(
BOT |
Quote |
Chart |
News |
PowerRating)
has pulled back and is well off its highs.

BOT’s
PowerRating
is 4.

How is your favorite stock PowerRated?  Click here.

Brice Wightman

 


 

 

 

 

 

 

 

 

 

 


 


 

 

 

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