6 of the Best Stocks to Buy Now
Sam Collins, September 2, 2009
Free Trading Guides
-
Stocks may take a breather until after Labor Day, but the market's overall trend is still up. And even after a rocky first day of September, momentum is still bullish, sentiment is again bullish, and the monetary indicators are bullish. The selling could continue for a couple more sessions, but it is more likely that it will end soon.
So this pullback could offer you the chance to buy the best stocks at reduced prices before they head higher. What are those stocks? Well, I see six that are giving off extremely bullish signals right now.
Keep reading to get six stocks to buy now that I feel very confident about long term.
More By This Expert
Should You be Worried the Market is Overbought?
I've been noting that our internal indicators are overbought, but none of them actually issued a sell signal until yesterday.
Emerging Markets Fund Looks Tired
The iShares MSCI Emerging Markets Index Fund (EEM) has been a great performer but, like the broad market, is showing sign of fatigue.
Volume Declining to Lowest Level of the Year
Major investors are reluctant to put more cash to work until they are convinced that the economy is moving forward enough to warrant new investments.
Bulk Up Your Portfolio With SB
With shipping rates going up, dry bulk carrier Safe Bulkers Inc. (SB) has broken from a bullish formation.
Most technicians would consider a divergence in the Dow averages to be a potentially important indication that the market is tiring. But is this a serious problem, yet?
MOST POPULAR
- What's Hot: DELL, DHI November 20, 2009
- Sidewinder: MCD, DKS, JPM November 20, 2009
- Options News: SII November 20, 2009
- Sidewinder: CY, ADSK, KG November 19, 2009
- Options for Dummies November 19, 2009
Options Broker Center
