I should probably be writing this about the Caps who had a fantastic January with 10 wins in a row and enter February as hot as they have ever been.
But more on that later with another post.
And yes I am with COCO but in terms of this post, it means I've selected COCO as one of my stocks to watch!
It is February 1st and time for another set of watch lists.
Union Pacific Corp
Yes, the railroad company. Recently drop down past support levels. Look to see if it bounces back up before/when it hits the 200 day average.
Dr Pepper Snapple Group Inc
Company has held its own through this down turn and recently has had an increase of money flow into the stock.
Has been doing quite well since its last quarterly report and appears to be cooling off slightly. The cautious investor might want to wait until after the 11th report date before investing.
Corinthian Colleges Inc.
There is a theory out there that education stocks might benefit from unemployed people and those looking to keep jobs taking more classes to get an edge up on the competition and look more valuable to corporations. This is certainly a mixed bag field where one can invest in companies like this and Devry or in other 'service' and 'product' types such as Blackboard.
Odyssey Healthcare Inc
A decently run health care company that continues to expand and has had two decent quarters in a row. Recent sell off has made it a more attractive buy.
Lincoln Educational Services Corp
I almost put this on the bench but it is currently at low support price levels and money flow has stopped bleeding out of the stock. This might just be worth a long shot especially if investors start putting money back in.
McMoRan Exploration Co
An oil and gas exploration company that just recently posted really good returns, which was surprising. I has leveled off a bit from its sudden run. Deserves a close watch.
HQ Sustainable Maritime Industries Inc
This china marine food company has had a really volatile up and down run in price lately and quite frankly might be setting up into a late stage of a head and shoulders pattern, which is not good. Probably one of my riskier starting lineup picks.
Ross Stores Inc
I think this clothing and retail store is on a comeback and will continue a choppy ride up in price. Look to buy on the dips.
A china news, and entertainment company that reports first thing Monday morning. Has had a really steep sell off lately and is approaching an attractive buy in point. Now if I only had a crystal ball to tell me if the report is going to be good or bad.
Cardinal Health Inc
Multi-Fineline Electronix Inc
Family Dollar Stores Inc
Ever Glory International Group Inc
Travelers Companies Inc
Powell Industries Inc
Shengkai Innovations Inc