Constructive day | stockbee

10/17/2008

Constructive day

It was a constructive day. First 1000 plus breakout day since the MM turned bullish. However it is just one step towards tradable bottom formation. In the first phase of this turn the focus is on beaten down stocks and sectors. A typical mean reversion kind of play is happening. Stocks which had sharp down moves in last 2 months are attempting to reverse.

It is likely that we will see more attempts at testing the low of last Friday. It will take some time for the next set of leaders to emerge.

At this stage stocks are reversing from low.This list is full of such stocks for those looking to play reversals:

Apple Inc,AAPL (Google Yahoo Earnings Chart)
Ak Steel Holding Corp,AKS (Google Yahoo Earnings Chart)
American Tower Corp,AMT (Google Yahoo Earnings Chart)
Avalonbay Communities,AVB (Google Yahoo Earnings Chart)
Baker Hughes Inc,BHI (Google Yahoo Earnings Chart)
Peabody Energy,BTU (Google Yahoo Earnings Chart)
Boston Properties Inc,BXP (Google Yahoo Earnings Chart)
C.H. Robinson Worldwide,CHRW (Google Yahoo Earnings Chart)
Clorox Co,CLX (Google Yahoo Earnings Chart)
Cms Energy Corp,CMS (Google Yahoo Earnings Chart)
Centerpoint Energy Inc,CNP (Google Yahoo Earnings Chart)
Chevron Corp,CVX (Google Yahoo Earnings Chart)
Dominion Resources Inc,D (Google Yahoo Earnings Chart)
E. I. du Pont de Nemours and Company,DD (Google Yahoo Earnings Chart)
Danaher Corp,DHR (Google Yahoo Earnings Chart)
Dow Chemical Co,DOW (Google Yahoo Earnings Chart)
Ecolab Inc,ECL (Google Yahoo Earnings Chart)
Equity Residential,EQR (Google Yahoo Earnings Chart)
Fluor Corp (New),FLR (Google Yahoo Earnings Chart)
Google,GOOG (Google Yahoo Earnings Chart)
Genuine Parts Co,GPC (Google Yahoo Earnings Chart)
Harley-Davidson Inc,HOG (Google Yahoo Earnings Chart)
International Flavors & Fragrances Inc. ,IFF (Google Yahoo Earnings Chart)
Intuitive Surgical Inc,ISRG (Google Yahoo Earnings Chart)
Johnson & Johnson,JNJ (Google Yahoo Earnings Chart)
Kimberly Clark Corp,KMB (Google Yahoo Earnings Chart)
Liz Claiborne Inc,LIZ (Google Yahoo Earnings Chart)
Macy's Inc,M (Google Yahoo Earnings Chart)
Altria Group Inc,MO (Google Yahoo Earnings Chart)
Microsoft Corp,MSFT (Google Yahoo Earnings Chart)
Noble Corp,NE (Google Yahoo Earnings Chart)
Nisource Inc,NI (Google Yahoo Earnings Chart)
Nucor Corp,NUE (Google Yahoo Earnings Chart)
Ppg Industries Inc,PPG (Google Yahoo Earnings Chart)
Sherwin-Williams Co,SHW (Google Yahoo Earnings Chart)
Slm Corp,SLM (Google Yahoo Earnings Chart)
Simon Property Group,SPG (Google Yahoo Earnings Chart)
Steel Dynamics Inc,STLD (Google Yahoo Earnings Chart)
Questar Corp,STR (Google Yahoo Earnings Chart)
Teradata Corporation,TDC (Google Yahoo Earnings Chart)
Thermo Fisher Scientific Inc,TMO (Google Yahoo Earnings Chart)
United Technologies Corp,UTX (Google Yahoo Earnings Chart)
Vf Corp,VFC (Google Yahoo Earnings Chart)
Vornado Realty Trust,VNO (Google Yahoo Earnings Chart)
Walgreen Co,WAG (Google Yahoo Earnings Chart)
Wal-Mart Stores Inc,WMT (Google Yahoo Earnings Chart)
US Steel Corp,X (Google Yahoo Earnings Chart)
Exxon Mobil Corporation,XOM (Google Yahoo Earnings Chart)
Xerox Corp,XRX (Google Yahoo Earnings Chart)
Yahoo! Inc,YHOO (Google Yahoo Earnings Chart)

No comments: