Stocks to buy on 4/19/12

Stock Market Tomorrow

I will be watching 11 potential short positions. The market is approaching 13,300 area on the DOW. This will become an inflection point where the market begins a down trend or breaks out into new highs. Since I am still overweight in long positions, I am looking to add a few of these shorts.

Current Holdings

HPQ: +$124 since entry (long 73 @ $23.23)
EIX: +$91 since entry (long 117 @ $42.08)
HRS: +$83 since entry (long 100 @ $43.76)
MU: +$17 since entry (short 142 @ $7.19)
FAST: -$7 since entry (long 53 @ $48.63)
MDT: -$8 since entry (short 86 @ $37.92)
NTAP: -$17 since entry (long 78 @ $40.33)
APOL: -$18 since entry (long 44 @ $36.33)

Stock Watch List:

Symbol	Score	Strategy	5 Day Expectancy
AEE	60	Short_Strategy	-1.0%
AN	60	Short_Strategy	-1.2%
APD	60	Short_Strategy	-1.7%
CAG	60	Short_Strategy	-1.0%
ESV	60	Short_Strategy	-1.4%
ETR	60	Short_Strategy	-1.0%
GLW	60	Short_Strategy	-1.0%
KEY	60	Short_Strategy	-1.3%
MAS	60	Short_Strategy	-1.7%
WIN	60	Short_Strategy	-1.3%
XL	60	Short_Strategy	-1.8%

 

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