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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Sat Feb 05, 2005 10:36 am Post subject: Mon Buys INTC PPH SQNM DROOY PMU PNAMF Sells SPX OEX TLT OIH |
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Mon: Top Buys INTC PPH SQNM DROOY PMU PNAMF Top Sells SPX OEX TLT OIH
INTC closed at 23 and it's still relatively undervalued compared to SMH and QQQQ. If INTC pulls-back, i.e. below 22 3/4, it may be an excellent long-term buy. PPH is another undervalued stock that's an excellent long-term buy on a pullback. SQNM has the potential to rally two or three points, and may be a strong buy towards 1.40 (it closed below 1.50). Gold stocks are out of favor. So, DROOY currently at 1.22 and PMU at 0.52 may be strong buys. Also, PNAMF at 0.25 may be an excellent trading stock. SPX OEX and TLT may pullback early next week (perhaps before CSCO earnings Tue after the close). OIH is volatile and large gains can be made quickly with Feb options. OSIP options are too expensive for a spread before earnings Mon after the close. GSK WPI AIG and DELL report earnings next week, but may not move much. |
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