TradingMarkets 7 stocks you need to know for Monday

Stocks staged a short-lived
rally after this morning’s September jobs report, but drifted in a range the
rest of the session, closing slightly higher.

Nonfarm payrolls for September fell 35,000, better than expected; the
unemployment rate was 5.1%. The full impact of Hurricane Katrina did not show up
in the numbers. Average hourly earnings rose 0.2%.

The S&P 500 was off -2.8% this week on inflation
fears and higher interest rates. Crude oil fell 5% on the week. Gold is near an
18-year high.

Now, here are a few stocks to watch for Monday:


The OIH looks oversold; it made a rally
attempt on Friday.


Halliburton
(
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,
in that group, has a similar pattern.


I mentioned ExxonMobil
(
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on
Thursday night, and it too made an attempt.


The Semis
(
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also look oversold.


AMD, in the
same group, may bounce.


Bear Stearns
(
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has dropped for four days straight.


Kerr McGee
(
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is oversold and may bounce.

Brice Wightman