Sunday, November 11, 2007

Stock trends for some popular US stocks

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