Friday, July 2, 2010

Best and Worst Stocks for July

With the major indices now below their 200-day moving averages, there has been significant technical damage. Rallies will most likely be contained by the conjunction of a falling 50-day moving average and a rising 200-day moving average for each index.  
The market is now in a short- and intermediate-term decline, and the last day of the June puts the long-term trend on the edge of a cliff.
That is why it is more important than ever to pick the right stocks to buy and sell. Here are my top stocks to buy and sell for the month of July. Plus, I'll throw in an ETF that will help protect your portfolio if the market plunges further.

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