On Our Radar · Uncategorized

Dipping our Toes in PFE, MKC, VRSK

US stock indices have had a shallow retracement thus far from its recent highs, and some high flyers who had been breaking out had taken back some gains to start August. That presents opportunities to buy the dips on these technically strong stocks that are pulling back mildly. Here are 3 on our watch list today:

PFE – Pfizer Inc.- Health Care

20100824-PFE-backtest

MKC – McCormick & Co. – Consumer Staples

20100824-MKC-backtest

VRSK – Verisk Analytics – Industrials

20100824-VRSK-backtest

20100824-MKC-backtest

Meanwhile, in our Momentum Portfolio, we bought XEC and took profits in MLM for 3% gain. We decided to exit MLM in like of weaker earnings and weakening technicals in the short-term, but could enter swiftly again if it proves to breakout again

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