These Stocks Are Worth Keeping An Eye On
With the long holiday
weekend upon us, terror threats looming, and a Consumer Confidence
Number due at 9:45 AM and The Chicago Purchasing Managers Index at 10 AM, I
suspect the trading will be solid in the opening 90-minutes. After that, Wall
Street will be making tracks for the vacation spots. Liquidity and range will
dry up.Â
We had some solid moves off of the key level in
the S&P’s I mentioned in yesterday’s piece, 1118, I suspect that will continue
today. While it is tough to know which sector is in play prior to the opening,
stocks like BSX,
MDT and GDT have been very active
for two days now, they may be worth keeping an on.
S&P Levels:
1130
1118-20
1109-12
1103
On that note. Enjoy the long weekend.