What to and what not to do

April 15th, 2008 | Filed under: Financial Markets

A couple picks to please your fix, and one that could just crush you.

Anadarko Petroleum – APC

Has seen some great movement. I would like to buy this on any weakness, with target of $66. Entry point should be about $63.50.

APC 041408

Airgas – ARG

If the stock passes over its resistance of $47.20, then I would like to buy it. Price target is $48.40, although it could go higher depending on how the movement goes.

ARG 041408

Nucor- NUE

This stock has experienced crazy jumps, and it doesn’t seem like this pattern will cool down. I like this stock if it comes down to $67, with a price target of $71.

NUE 041408

Google – GOOG

I believe this stock is reporting on Thursday. It probably will have to be amazing for it to matter. In the chart I see a head and shoulder reversal, which could lead to a potential 30 point drop. The 52 week low is $412, so it will be interesting to see how things work out. To many bad things to entice my money.

GOOG 041408

There you have it. Lets make some money.