Friday, January 19, 2007

Friday's Stocks to Watch

The market recovered in the afternoon. It opened lower and then it see-sawed its way back to positive territory for the Nasdaq market. Volume is on pace to be lower than Thursday's volume.

Today's winners are:
(VNDA) - new stock offering for the company
(USAP) - Continuation from today's $2 advance

With weaknesses from Wednesday and Thursday, I would be cautious in putting more new buy positions. Tech looks to be a bit weak lately. A case in point, (IBM) beat the bottom line, it yet down over 5%.

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