Wednesday, May 6, 2009

Stock Trades May 6

If you decided to trade today, you should have picked up, or added to your positions, at the market close today:
  • NDN @ 9.84
  • FNF @ 16.22
Both stocks offered yet another buying opportunity in case you missed them yesterday or the day before. Sell above the 5 day moving average. We'll review our results in a week.

I had NFLX on my watch list today. The stock has been on a roll. Anyone buying on the pullbacks has made some good money. Today the stock was down almost 5%.

Though not holding to the buying criteria I've outlined, the RSI(2) is below 10 - not bargain basement, but oversold nevertheless.



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