TradingMarkets 7 Stocks You Need to Know for Monday

With the Dow up more than 300 points at midday, stocks reversed shortly thereafter to close lower by more than 1%.

The Dow fell 157.47. The Nasdaq Composite lost 29.33. And the S&P 500 closed lower by 15.05.

Here are 7 Stocks You Need to Know for Monday

Citigroup
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now has the competition of Wells Fargo
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, as both banks attempt to woo Wachovia
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into an acquisition agreement.

Up more than 1% on Friday, shares of Pfizer
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are both overbought and trading below their 200-day moving average.

Oversold and trading above its 200-day moving average were shares of McDonalds Corporation
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and Johnson & Johnson
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, both of which pulled back by more than 2% on Friday.

Shares of Caterpillar
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closed down five days in a row for the second time in eleven days on Friday.

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