FREDAlert!
Volume 2, Issue 3
March 4, 2010
Downlaod PDF Version here
We will add two stocks to our trading list as of the close today. We realize the market is up, but at the same time note that we have seen new highs on the Russell, Small, and Mid-cap indexes as noted. This is in line with our idea of adding stocks if the market held towards the end of the week, as mentioned in the Midweek report. These are smaller stocks and look attractive.
Micron Technology Inc. (Symbol: MU): Stock has pulled back and held support. Tech is one of our favorite sectors. STOP: 8.00, first target 10.48, second target 12.60.
Wyndham Worldwide Corp. (Symbol: WYN): Strong up-trending pattern, and improving economy play. STOP: 21.50, first target 25.50, second target 27.80.
