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Mon: Buys PPH X Sells SPX IWM OXY GOOG DNA

 
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arthur
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PostPosted: Sat Jul 09, 2005 8:16 pm    Post subject: Mon: Buys PPH X Sells SPX IWM OXY GOOG DNA Reply with quote

Mon: Top Buys PPH X Top Sells SPX IWM OXY GOOG DNA

I don't see many stocks to buy at this point. There are several undervalued drug stocks, e.g. BMY LLY SGP and MRK. However, PPH (big pharma ETF) may be best to buy. X is fundamentally undervalued and should rise with falling oil prices. SPX rallied sharply Thu and Fri, and puts may be a buy on a SPX bounce Mon. IWM (small cap ETF) and OXY (oil) are relatively overvalued. GOOG may become more volatile before earnings Jul 21st. DNA will report earnings after the close Mon, and puts may be worth the risk.
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