Rocket Stocks for the week of February 23th-February 27th

Description:

After playing the last two weeks relatively safe in terms of risk and capital exposure, I am willing to believe that the market will snap back to the tune of 3% to 5% this week in relatively short order.
Here is why I am bullish on the week:
1) A shortened trading week coupled with options expiration, and several important economic data points increased volatility towards the downside.
2) Corporate bond trading in the United States is at a two-year high, signaling improved liquidity in the credit markets
3) Sentiment levels, as judged by the bull/bear index, and Citigroup’s proprietary panic/ euphoria showing panic levels
4) The rise in the price of gold to almost $1000 per oz. a level which was last seen the week Bear Stearns was rescued by the J.P Morgan and the Federal Reserve

Most Viewed Portfolios

View All

Articles

4 Stocks Under $5 Making Big Moves

06.01.12 | 01:48 PM

WINDERMERE, Fla. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percent...

4 Stocks Under $10 Soaring in a Weak Tape

06.01.12 | 01:40 PM

WINDERMERE, Fla. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percent...

More Articles
blog comments powered by Disqus
Get started with stockpickr! Get recommendations from thousands of mutual funds, hedge funds, and others. Enter your favorite stocks now!
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter