Thursday, June 28, 2007

Thursday Stocks to Watch

The market recovered from this morning losses. The FED decision on interest rate will be announced around 2:15 pm. It is expected to leave the rate the same.
If no other unexpected statement coming from the FED, I expect the market will advance further in the afternoon. If the market is in rally mode, pick the stock with strong momentum, small caps like (SMTX) and (CRNT), big caps like (GOOG) and (MDR). (AAPL) will launch the iPhone Friday. I expect the market will move as the launch of iPhone came to fruition.

Small Worth Considering ( I like small cap stocks):
(SMTX) - favor of mine for a while now
(CRNT) - Broke out with strong volume
(CMTL) - New contract
(ATRO) - New high with good volume

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