6 Top Stocks
On Monday, major indexes fell on Cypress crisis concerns. Volume was mixed. With many leading stocks extended, the market is very selective to find candidates meeting the criteria. Current holdings and new purchases should employ tight stops (3 - 5%). Indicators RSI & MACD appear to be weakening and need to be closely monitored.
This morning, futures are displaying a modestly HIGHER opening
Climate is - UPTREND
(Top candidates poised for higher levels near-term).
In general, BUY within 5% of Pivot, stop-loss 7% below buy price
Earnings dates are provided as holding into the news may add high volatility.
Visa (V) June
Costco (COST) June
Wal-Mart (WMT) 05/16
Comcast (CMCSA) June
Lumber Liq. (LL) 04/22
Home Depot (HD) 05/21