Charts of the Week - 2-11-2009
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Created by barrons3
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Date updated:02-11-2009

Here are some charts of stocks that could be poised to make a significant move higher or lower. Put these names on your radar.

symbol name last price % change open
  • +
  • PFE
    Pfizer Inc
  • $17.62
  • +0.34%
  • $17.67

Shares of PFE are finding support $13.70 a share. If the stock can hold these levels it could be a solid buy right now. However, if the stock breaks below $13.70 it could be head much lower. Use stops wisely here.

People owning PFE also tend to own: BRMRKMSFTMWRKULUSGWU

TheStreet.com Rating: C+ What is this?

  • +
  • MYGN
    Myriad Genetics
  • $23.80
  • 0.00%
  • $N/A

Shares of MYGN are hitting new 52-week highs. If the uptrend continues MYGN could be on its way back to well over $100 a share.

People owning MYGN also tend to own: MIKRSWFTCPHDCRDCINFYNKTRSAY

TheStreet.com Rating: B- What is this?

  • +
  • IWOV
    N/a
  • $10.94
  • 0.00
  • $10.94

Shares of IWOV recently gapped higher on huge volume to over $16 a share. Watch to see if this stock can break above the next level of resistance at $17.30 a share for signs of higher prices ahead.

People owning IWOV also tend to own: BENCSCOLZMATNVSNWSORCL

TheStreet.com Rating: B- What is this?

  • +
  • PG
    Procter Gamble
  • $62.23
  • +0.60%
  • $61.87

Shares of Procter & Gamble are approaching some previous 3-year support around $49.50 a share. The stock could be a good buy at these levels if it can hold support. Place stops accordingly, in case the stock breaks below support and heads lower.

People owning PG also tend to own: CLCTDENNFFEXJBSSJRCCMEEMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • CME
    Cme Group Inc.
  • $313.27
  • +1.78%
  • $310.51

Shares of CME are near the 50-day moving average at around $189 a share. The stock has been unable to trade above this level since November of 2009. If the stock cracks through it could be heading significantly higher. If not, look to short the stock if it fails at the 50-day moving average.

People owning CME also tend to own: ALLBBOFLCZFCFKFSGFSIITGNDAQ

TheStreet.com Rating: C+ What is this?

  • +
  • GOOG
    Google Inc.
  • $570.56
  • +0.67%
  • $570.50

Shares of Google have failed to trade back to the last area of overhead resistance at $394.50 a share. The stock could now be on its way back to $340-to-$330 a share. If it breaks that level it could head back to the 50-day moving average of $316 a share.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • GOOG
    Google Inc.
  • $570.56
  • +0.67%
  • $570.50

Shares of Google have failed to trade back to the last area of overhead resistance at $394.50 a share. The stock could now be on its way back to $340-to-$330 a share. If it breaks that level it could head back to the 50-day moving average of $316 a share.

People owning GOOG also tend to own: AAPLAMDCSCODELLIBMINTCMSFT

TheStreet.com Rating: B What is this?

  • +
  • RIMM
    Research In Motio
  • $64.72
  • 0.00%
  • $N/A

Shares of RIMM were hit hard today falling 8% to $48.76 on huge volume. Despite the massive sell off, the stock was able to bounce right around the 50-day moving average at $46.35 a share. The stock as also able to close about the 50-day moving average, so if shares can hold this level it could make for a good buy point. However, use stops wisely cause if it breaks it will held much lower and fast.

People owning RIMM also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B- What is this?

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Q. can anyone explain the BGF seper...
11.12.09 | 20:03 PM Asked by BS7518

A. BGF was an enhanced income security,
which represented one share of common
stock (BGS) plus $7.15 principal amount
of senior subordinated debt. They first
separated the note from the stock, then
did a partial redemption of the bond.
You should have received the following
for each share of BGF
1 share common (BGS)
$4.28 cash per share for the partial
redemption (this includes dividend)
1 note with face value of $3.11

There really is no market for the bond
portion. You will probably end up
holding it until redemption.

Hope that helps.

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