Monthly Archives: July 2016

Jul 27

Stocks to monitor for trade 27/07/2016

By Online Guru Trader | Blog , Newsletter , Trading Article

After my previous post on 27/06/2016, trade on Kroger Company (KR) has reached 200% based on risk to reward while Phillips 66 (PSX) has went against my trade and hit stop loss. Markets have proved to be more bullish than I expected and has hit all-time high in the US. But even as the markets are more bullish overall, shorting on ConocoPhillips (COP) and Baker Hughes Inc (BHI) posted on 13/06/2016 continued to move lower. Going forward, here are the counters I am looking at to trade.

For long trades,
Southwest Airlines Co. (LUV)
Cvs Caremark Corp (CVS)

For short trades,
American Express Co (AXP)
Boeing Co (BA)
Citigroup (C)
Discover Financial Services (DFS)
Energy Transfer Partners LP (ETP)
EOG Resources (EOG)
Halliburton Co (HAL)
JPMorgan Chase and Co (JPM)
Monsanto Co (MON)
Noble Energy Inc (NBL)
Occidental Petro Cp (OXY)
Schlumberger Ltd (SLB)
Suntrust Banks Inc (STI)
Whole Foods Market Inc (WFM)