Which stocks seem attractive in this market? and Why?
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GE – its like a mutual fund. Also the yeild is good.
AA – Again this is an industrial stock with good div yield. Short term some downside long term good upside potential. Its the largest producer of Aluminium.
Dow – Same as AA only maker of chemicals used in many products.
msft – sitting on lots of cash and pays a small div.
C – with the bailout from
There are many more…it feels like a kid in candy shop… 🙂
For C with the bailout from Feds its going to be a good long term bet as C has a good brand name and does business in 100 countries.
My 0.02.
I don’t think we are down with the downside yet. But, if I were to buy something, AAPL looks good. Buy near 88, Targets @ 100, 112 and 116, Stop @ 77. Why? Technical signal – oscillator divergence.
BTW, oscillator divergences are relatively lower probability setups, about 2 in 3 fail.
Type above – *..done with the downside..*
type = typo. Long day. 🙂