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Fri: Buys OEX PD FCX PMU PPH BIIB CEGE XOMA SQNM Sells TLT

 
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arthur
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PostPosted: Thu Apr 28, 2005 1:34 pm    Post subject: Fri: Buys OEX PD FCX PMU PPH BIIB CEGE XOMA SQNM Sells TLT Reply with quote

Fri: Top Buys OEX PD FCX PMU PPH BIIB CEGE XOMA SQNM Top Sells TLT

I've included a few stocks, mostly for short-term trades, because it's uncertain which way the market will move after the FOMC announcement Tue, although I tend to believe it'll rise next week. OEX may bounce over five points sometime within the next week. PD and FCX are undervalued and volatile metal stocks. PMU continues to hold up well. PPH and BIIB are long-term holds. CEGE XOMA and SQNM are small beaten down biotechs that can rally big. Bond yields seem to be predicting a recession instead of slower and still above trend economic growth. So, TLT may fall several points within a month or two.
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