Wednesday, June 25, 2008

Stocks to Watch

  • JNPR (23.10) good numbers last quarter, stock is down, and could fall further. Watch for inordinate volume.
  • URBN, watch 32.82; Sell, 30ish. But it's only a spec. stake (25% of full position) up 36% so there's a little breathing room. I'd probably allow it to fall to 28.84 before I'd sell.
  • DIS crushed numbers (32.22) last quarter. Camp Rock a factor in Q3? A move above 34.99 would be positive.
  • HNZ: Watch for Heinz to breakout (50.44) on strong volume.
    Ascending Triple Top Breakout on May 12, 2008 at 48.58 and bullish P.O. of 62
  • RAI: In the 48s. Lowest level since Jan. 2006. At what point does this stock start to act well again. Slow economy = low consumer confidence = drinkin' and smokin'
  • BJ Services (BJS 32.89) set 52 week high. Watch for follow through on heavy volume.
  • Arch Coal (ACI 72.81) all time high of 77.40.
  • Frontline (FRO 70.10)
  • Continental Resources (CLR 64.63)

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