The Stock List: Technology, Retail Buoy Stocks as Traders Bid Yahoo!, Nike Higher

Technology continues to be the strongest sector in a market that has seen more of its share of selling in recent days. The Dow and S&P 500 finished slightly higher on the final trading day of the week, but the tech-rich Nasdaq gained more than 1% after a three-day pullback.

Among the Nasdaq’s bigger gainers ahead of trading on Monday were stocks like ^FSLR^, up more than 5% and ^YHOO^. Shares of Yahoo! finished higher by more than 5%, following through on the upside to close back above its 5-day moving average.

Energy stocks continued to be a significant source of selling. Set to open oversold on Monday morning are such stocks as ^RRC^, down more than 11% and finishing lower for a second day in a row.

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Here are 7 Stocks You Need to Know for Monday

Shares of both ^MA^ and ^V^ rallied by more than 2% and 1%, respectively after two-day pullbacks above the 200-day moving average.

In addition to the gold mining stocks mentioned in yesterday’s column, both ^RGLD^ and ^GOLD^ have pulled back into oversold territory above the 200-day moving average ahead of trading on Monday.

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Up nearly 2% after pulling back for three out of the past four trading days were shares of ^ORCL^ on Friday. ORCL has been trading below its 200-day moving average since late July.

After a three-day pullback that took the stock into oversold territory above the 200-day moving average, shares of ^DECK^ soared by more than 5% as buyers rushed in to take advantage of lower prices in the stock.

Also rallying by more than 5% after a three-day pullback were shares of ^NKE^. A strong earnings report in the face of overall gloomy sentiment helped steel the nerves of buyers, pushing the stock back above its 200-day moving average.

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David Penn is Editor in Chief of TradingMarkets.com