Sunday, May 18, 2008

Flat Day for Stocks, Daytrading stocks mixed

The stock market ended the week on a flat note Friday, with moderate losses across the major averages. Overall, it was a solid week for stocks, and the market leaders continue to head higher.

Our daytrading pics on Friday had a mixed day, but BG proved to be a big winner. The other picks were MA, RIMM, NUE and GOOG.

For Monday, the following three stocks look like good daytrading possibilities...MICC, BZP and FSLR. As always, our bias is to the long side. Pay attention to the overall market conditions early in the session before considering any long entries.

Good Trading!

Scott Cole
www.bestdaytradingstocks.com
www.kungfutrader.com

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