APPL, Research In Motion (RIMM), Goldman Sachs (GS), Edo Corp (EDO -- Aerospace &Defense), Exxon Mobile (XOM), Potash Corp Saskatchewan (POT), Dryships Inc (DRYS). I am more bullish on the ones in red. I am also looking forward to short some stocks, I will post some candidates later today or tomorrow.
UPDATE on FCX: Freeport-McMoRan Copper & Gold Inc. (FCX) , I wrote about this one last week when stock was at 103, its a Gold/Copper play, it closed at 108.69 on Friday , did not get the pull-back that I was hoping for but if we get one this week, I will get into this position as well. the Metal-,mining group is ranked at 99 percentile (the highest group ranking) and FCX is a nice entry point into this group.
Update added on Sept 24, 07 1:58am: OK I came up with two candidates on the sell-side, POOL and TEK. Pool Corp (POOL) closed at 24.80 on Friday after the company lowered its estimates for the next quarter. "company said it now expects 2007 earnings of $1.45 to $1.55 per share. The company's previous guidance was earnings of $1.75 to $1.85 per share and the current consensus earnings estimate is $1.76 per share for the year ending December 31, 2007." . Please note POOL is at its 2 years low and the Gap-down with such a large volume is really negative, also the very large volume (4 times average volume) is significant. Tektronics Inc (TEK) closed at 29.61 on Friday, after the test and measurement equipment maker forecast fiscal second-quarter results below Wall Street's expectations. TEK went down $2.69 on 4 times average volume on Friday.
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