Focus List 2/22

Geoff Bysshe | February 22, 2011

Market Comments:

Unrest in Middle East is pulling markets down and pushing oil and gold up. The market is gapping from above the pivot high to below the pivot low. As a result my plan is to list some long stocks that are energy related that would be worth considering to follow, and a couple strong stocks that may be worth a fade if the market rallies. Then there are some shorts to watch.

But we really want to see what the overall market does. This is gap that could be traded long or short. However, it is best to be careful than carelessly risky.

Long Focus:

TIF, APC, SLB, IBM, OIH, XLE, CVX, VFC, TSL

Short Focus:

MON, STT, FCX, CMI, AKAM, CNX, ACI

About the author

+ posts