Day Trading Stocks List for 5/7
Geoff Bysshe | May 7, 2012
Longs:
Tread carefully with the longs buying after Friday's action is "picking a bottom" which is very difficult and dangerous even if your stock doesn't look like the market. Be disciplined and patient.
In addition to the regular patterns, you'll find new list of "Oversold Candidates"
MJN
IBM
UNP
AAP
PNC
EQIX
LTD
CREE
TIBX
UA
Oversold candidates. This is a list of stock that have a 2 day RSI of 2 or less and sit at support. I'll watch them for opportunities over their FTP if the market firms up.
CLF
TROW
KBR
NDAQ
COST
BLL
ARUN
GS
PFG
Shorts
It was difficult to find stocks that were in a condition to be considered "fresh" shorts. These look like they have good potential to continue down or be sold on an OR reversal:
CLF
TROW
KBR
NDAQ
COST
