TradingMarkets 7 Stocks You Need To Know For Today
Stocks fell Tuesday, with the Dow staging its worst
single day single day performance since late October and its worst post-holiday
performance in more than 10 years. The Nasdaq fell double digits.
Volume was light in holiday trading.
The yield curve inverted for the first time
in 5 years, with the 5-year note at 4.288%. Historically, an inverted yield
curve suggest a slowing economy.
Crude oil fell slightly and natural gas prices fell $11.
Now, here are some stocks to watch for Wednesday:
SanDisk
(
SNDK |
Quote |
Chart |
News |
PowerRating) may form a double top.
SNDK’s
PowerRating is 3.
SPSS Inc
(
SPSS |
Quote |
Chart |
News |
PowerRating) may break out.
SPSS’s
PowerRating is 5.
JetBlue
(
JBLU |
Quote |
Chart |
News |
PowerRating)
closed poorly after going parabolic.
JBLU’s
PowerRating is 5.
Bausch & Lomb
(
BOL |
Quote |
Chart |
News |
PowerRating)
may bounce after two bad days. Note: possible dead cat bounce.
BOL’s
PowerRating is 4.
OfficeMan
(
OMX |
Quote |
Chart |
News |
PowerRating)
also had a bad day and may bounce
soon. OMX’s
PowerRating is 4.
Franklin Resourcess
(
BEN |
Quote |
Chart |
News |
PowerRating) looks like a rounded top.
BEN’s
PowerRating is 4.
The Board of Trade
(
BOT |
Quote |
Chart |
News |
PowerRating) has pulled back and is well off its highs.
BOT’s
PowerRating is 4.
How is your favorite stock PowerRated? Click here.
Brice Wightman
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