Some Oversold Trade Candidates Stock List 816
JPM – JP Morgan
CMGI – I talked about it being oversold on 7-27. Its only 7 cents from those levels or about 4-5%.
GIS – General Mills got as oversold as it did the last two weeks back in 1999. This might be one of the good ones thrown out.
Some Not So Badly Oversold Plays Too
MORN – This one I’ve mentioned before. I feel like its DECK, EXM, or CROX all over again for me. Note to self buy some MORN and shutup already.
MATK
TR – Something is cooking with Tootsie Roll. Maybe people play at a safe haven.
SJW – San Jose Water.
BWTR is one I want to get back into as well. Its price stopped right at its 50dma today. How timely.
BTW SWWC and WTR also recovered well today. I mentioned all of these water stocks last week. Did I buy any of them? No, I was scared, but I think the price action in the sector is telling us something.
OIIM – Its coming across everything I’m looking at.
UCTT – My old lover. I want to get back in you UCTT. Goes along the same lines with OIIM.
PAE – I might position up on this tomorrow.
