Saturday, June 07, 2008

A dozen stocks: 50/200 dma

I review some charts looking for stocks above the 200 day moving average, and dipping to or one day below the 50 dma. Here are a dozen tickers that I found worth a closer look:
NKE CMI CHRW PCLN ITU SCHW
AZO APA CNI XLB FXM RIO

Keep in mind, that this is relative small list of stocks that I am looking at, so there would be many more symbols if running a similar screen on all listed stocks.

For my favored strategy of selling puts out of the money, the best: APA CMI PCLN

For long termers looking to buy XLB is the materials sector ETF (top ten stock holdings for XLB).

As always, this is not advice, or a recommendation to buy or sell. Cheers.

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