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RETAIL BEFORE EARNINGS THIS WEEK? Prepare for a slew of retail earnings this week including Macys [M
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], Kohl's [KSS
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] and Wal-Mart [WMT
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], do you buy ahead of their releases?
I’d be a seller, says Jared Levy of Peak6 . Except for Amazon, I like that stock.
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BUY BIOTECH ON STRENGTH? Besides 'regular' tech, biotech is the only other pocket of strength in Monday's selloff. Buy here?
In the BBH [BBH
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] the critical resistance level is $88-$91, explains Bill Strazzulo of Bell Curve . You need to clear that hurdle before you see any major upside.
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OIL’S REVERSAL: Oil [US@CL.1
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] reversed course Monday and fell to $58; do you buy on the dip?
I’m short oil and nat gas, reveals Joe Terranova. I think oil pulls back to $55.
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BUY MDR BEFORE EARNINGS AFTER BELL? McDermott [MDR
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] up 17% in the last month; do you buy ahead of this evening's earnings release?
In the long run I’m bullish on the energy space, says Mike Khow of Cantor Fitzgerald.
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