TradingMarkets 7 Stocks You Need to Know for Monday: MCD, GE, AXP, VLTR, TXN, COF, AMZN

Stocks were quickly out of the gate on an options expiration Friday, but selling eventually managed to bring most markets lower over the course of the session, especially the stocks of the Nasdaq 100 and Russell 2000. Significantly oversold conditions in those latter two indices are likely to meet traders when the markets open on Monday.

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Here are 7 Stocks You Need to Know for Monday:

Among the companies reporting earnings Monday morning before the market opens is ^MCD^. In neutral territory as of Friday’s close, MCD is down two days in a row.

Shares of ^GE^ soared by more than 7% on Friday, topping its highs of the spring of 2010 and entering overbought territory above the 200-day moving average.

Up more than 1% and closing higher for a second day in a row ahead of its scheduled quarterly earnings announcement on Monday was ^AXP^.

^VLTR^ (below) closed lower for a third consecutive trading day on Friday.

VLTR chart

The company is scheduled to report quarterly earnings after the market closes on Monday along with fellow tech names like ^TXN^.

Soaring higher by more than 4% after a three-day pullback were shares of ^COF^ (below) on Friday.

COF chart

COF has been trading consistently above the 200-day since late December.

Pulling back by well over 2% ahead of trading on Monday were shares of ^AMZN^ (below).

AMZN chart

Shares of Amazon.com have closed lower for three days in a row with Friday’s close putting the stock in oversold territory above the 200-day moving average for the first time since mid-November 2010.

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David Penn is Editor in Chief of TradingMarkets.com