Best Stock Picks June 6, 2015
While the economic continues to come in mixed ie: strong jobs data and wage gains offset by falling productivity the markets are now beginning to diverge. The Dow Jones Industrial Average declined on Friday’s economic news while the Russell 2000 (IWM) rallied flashing a bullish key reversal on the day. In my world of technical analysis and stock charts a bullish key reversal is an event that cannot be ignored.
For the coming week our Best Stock Picks are a mix of long names and three shorts. All of the stocks we are looking to trade long are small cap names due to the Russell 2000 flashing a technical buy signal .
Best Stock Picks Long
ENZN, CWRN, SCLN, ATML, GLUU, PMCS, CIBR, PTBI, SYMX, VLTC,
Best Stock Picks Short
GALE, TCS, SINA