Here is a look at some of the popular stocks and their trends...The overall stock trends are down..It is safer not to buy any new stocks as the markets are down trending..
Look for short candidates if you have not already started shorting..
Photo by inanutshell
Morgan Stanley
Trend: Down
StarBucks
Trend: Down
Yahoo
Just started a downtrend ..looks like a good candidate for shorting..Power Ranking is -4.71 which is less than -3 so the downtrend is strong
Google
Still in an uptrend. First time, after 2 months, it dropped down to the 20 days moving average.
IBM
Trend : Downtrend
Lehman Brothers
Trend: Choppy downtrend. Usually I do not prefer the choppy downtrend. I prefer a clean downward sloping price curve.
Merill Lynch
Trend: Downwards
Microsoft
Trend: Uptrend. Just touched the 20 days moving average to rest upon.
Amazon
Just went below the 50 days moving average...Looks like a good short candidate...
PowerRanking is -4.62 which is less than -3 so it is a strong downtrend
Apple Computers
CitiBank
Trend: Down
General Electric
Trend: Down
General Motors
Trend: Down