Thursday's Stocks to Watch, Jun 02
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Today Netflix, Inc. (NASDAQ:NFLX) shares made a new all time high of 273.64, but closed down $3.54 at 267.26. Currently on the daily chart the RSI and Full Stochastics are showing overbought. We are now due for a pullback. Support lies at 264.40 yesterday's low then 254.98.
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Applied Materials, Inc. (NASDAQ:AMAT) - Looking at the chart, we can see that the trend is clearly downwards. The MACD is also painting a negative picture with the indicator below its signal line. The stock broke down its major support today on increased volume. Not a pretty picture. Long positions must be avoided.
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SINA Corporation (NASDAQ:SINA) - After breaking out from its bearish descending trendline the stock has made a strong run topping it off with today's rally on increased volume. The technical chart above shows the stock has reversed the downward trend with MACD back above 0 and stock trading above 50 day moving average. In addition, KD also indicate positive momentum. This momentum could push this stock much higher from here. Next resistance is now seen at $126.50.
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Other stocks to watch :
The following list show stocks whose volume has been increasing over the last 2 sessions
PDE - PRIDE INTL INC
JPM - JP Morgan and Co Inc
WFC - WELLS FARGO & CO
VALE - Vale S A ADR
STX - Seagate Tech
JNJ - JOHNSON & JOHNSON
RIMM - Research in Motion
KGC - KINROSS GOLD CORP
AMD - ADVANCED MICRO DVCS
YONG - Golden Tan Inc
USB - US Bancorp
SKM - S K TELECOM CO LTD
HUN - HUNTSMAN CORPORATION
CIGX - Star Scientific, Inc.
VRSN - VeriSign, Inc.
JBLU - JetBlue Airways Corporation
SVU - SUPERVALU INC
NYX - NYSE EURONEXT INC
OPTR - Optimer Pharmaceutical
SNDK - SanDisk Corporation
FLEX - Flextronics International
ANR - ALPHA NATURAL RESOURCES
MRO - U S X-MARATHON GROUP
TIBX - TIBCO Software, Inc.
MCP - Molycorp Inc
KT - KOREA TELECOM CORP
VEA - Vngrd Msci Eafe
SCCO - Southern Copper Cp
NVS - NOVARTIS A G
OXY - OCCIDENTAL PETROLEUM
CSE - CAPITALSOURCE INC
TXT - TEXTRON INC
NYB - New York Community
TWX - AMERICA ONLINE INC
OIH - OIL SERVICE HOLDERS
IM - INGRAM MICRO INC
DYN - Dynegy Delaware Inc
BRK.B - Berkshire Hathaway Inc
ARR - Armour Resd Reit
ABH - ABITIBIBOWATER INC
AKAM - Akamai Technologies
CNP - CenterPoint Energy Inc
KSS - KOHLS CORP
GD - GENERAL DYNAMICS CORP
YUM - TRICON GLOBAL REST INC
MBI - M B I A INC
QLIK - Qlik Technologies Inc
ACI - ARCH COAL INC
PPL - PPL CORPORATION
G - Genpact Ltd
SWC - Stillwater Mining Co
INFA - Informatica Corp
NEOP - Neoprobe Corp
KEG - Key Energy Services
MEE - Massey Energy Co
RAX - Rackspace Hosting Inc
ERIC - LM Ericsson Telephone
ROK - ROCKWELL INTERNATIONAL
GFI - GOLD FIELDS LTD
TCK - Teck Recs
ITW - ILLINOIS TOOL WORKS
CREE - Cree, Inc.
CCJ - CAMECO CORP
ASIA - Asiainfo Linkage
BZ - Boise, Inc.
AMB - AMB Property Corp
PFG - PRINCIPAL FINANCIAL
NE - NOBLE DRILLING CORP
SAI - SAIC INC
DAN - Dana Corp
BX - Blackstone Group LP
LYV - Live Nation Entn
ZLC - Zale Corp
ECA - EnCana Corp
EAT - BRINKER INTL INC
SPPI - Spectrum Pharmaceut
NBIX - Neurocrine Bioscience
ASX - Advanced Semiconductor
NETL - Netlogic Microsystem
WNR - WESTERN REFINING INC
VR - Validus Holdings Ltd
STO - Statoil ASA
UDR - UDR Inc
HYC - HYPERCOM CORP
SOL - Renesola Ltd
PWR - QUANTA SVCS INC
HEK - Heckmann Corp
VTR - Ventas Inc
ZIOP - EASYWEB INC
CIT - CIT GROUP INC
MJN - Mead Johnson Nutrition
URI - UNITED RENTALS INC
LM - LEGG MASON INC
SHW - SHERWIN WILLIAMS CO
RSO - RESOURCE CAPITAL CORP
MOTR - Motricity Inc
UXG - U S Gold Corp
DOV - DOVER CORP
MMI - Motorola Mobility Holdings
FBR - Votorantim Adr
TSCO - Tractor Supply Company
OC - Owens Corning Inc
INTU - Intuit Inc.
CSIQ - Canadian Solar Inc
ASBC - Associated Banc-Corp
SVNT - SAVIENT PHARMS
CB - CHUBB CORP
ECL - ECOLAB INC
FLO - FLOWERS INDUSTRIES INC
LPSN - LivePerson, Inc.
HOGS - Strong Technical Inc
TIE - TITANIUM METALS CORP
ORI - OLD REPUBLIC INTL CORP
CBL - CBL and Associates
NG - NOVAGOLD RESOURCES INC
BCR - BARD C R INC
AGU - AGRIUM INC
FO - FORTUNE BRANDS INC
XEC - Cimarex Energy Co
RMBS - Rambus, Inc.
IPAR - Inter Parfums, Inc.
MRGE - Merge Health Inc
KERX - Keryx Biopharma
FXEN - FX Energy, Inc.
CLNE - Clean Energy Fuels
RRC - Range Resources Corp
SEMG - Semgroup Corp
STM - STMicroelectronics NV
BPO - Brookfld Office
NBL - NOBLE AFFILIATES INC
SGEN - Seattle Genetics
ARRS - Arris Group Inc
RRR - RSC Holdings Inc
LLNW - Limelight Networks Inc
EOG - EOG Resourses
HF - HFF Inc
AOL - AOL Inc
ACGL - Arch Capital Group Ltd
EXR - EXTRA SPACE STORAGE
CMC - COMMERCIAL METALS CO
JOYG - Joy Global Inc
DAR - Darling Intl
GSIC - GSI Commerce, Inc.
TRAD - TradeStation Group Inc
AXS - AXIS CAPITAL HLDGS LTD
PCL - PLUM CREEK TIMBER CO
CLD - Cloud Peak Energy Inc
MITI - MICROMET INC
TPLM - TRIANGLE PETROLEUM
QEP - Qep Resources
SBAC - SBA Communications
BG - BUNGE LTD
CBOE - CBOE Holdings Inc
JEF - JEFFERIES GROUP INC
ALTE - Max Re Capital Ltd.
NLC - NALCO HOLDING CO
PPO - Polypore International
LPL - LG Display Co
GXP - Great Plains Energy
CKXE - CKX Inc
TRN - TRINITY INDUSTRIES INC
HLS - HEALTHSOUTH Corp.
GLNG - GOLAR LNG LTD
CXO - Concho Resources Inc
OCR - OMNICARE INC
GTI - GrafTech International
SKX - SKECHERS USA INC
BMC - BMC Software Inc
POL - PolyOne Corp
VECO - Veeco Instruments Inc.
MERC - Mercer International
AIZ - ASSURANT INC
UPL - ULTRA PETROLEUM CP
NAV - NAVISTAR INTL CORP
AZN - ASTRAZENECA PLC
IMAX - Imax Corporation
CECO - Career Education Co
ISIS - Isis Pharmaceutical
BUCY - Bucyrus Intl
TIN - TEMPLE INLAND INC
EL - ESTEE LAUDER COMPANIES
MAC - MACERICH CO
ENDP - Endo Pharmaceutical
ONTY - Biomira Inc.
INFN - Infinera Corp
CINF - Cincinnati Financial
SLG - SL Green Realty Corp
HLIT - Harmonic Inc.
AVEO - AVEO Pharmaceutical
CUZ - COUSINS PROPERTIES INC
CENX - Century Aluminum Co
SHOR - ShoreTel Inc
WINN - WINN-DIXIE STORES
LNDC - Landec Corporation
TRGP - Targa Resources Corp
SMG - Scotts Miracle Grow
PKI - PERKINELMER INC
UTHR - United Therapeutics
PLL - PALL CORP 5
CVLT - CommVault Systems Inc
O - Realty Income Corp
UMPQ - Umpqua Holdings Corporation
BRY - BERRY PETROLEUM CO
SRI - STONERIDGE INC
SANM - Sanmina Corporation
VRA - Vera Bradley Inc
CLGX - FIRST AMERICAN CORP
SFY - SWIFT ENERGY CO
BEC - BECKMAN COULTER INC
PDC - Pioneer Drilling Co
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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AC
