Stocks to Watch for Monday C BAC ETFC GE FNM Large Cap Movers

Submitted by vinny on Sun, 10/04/2009 - 16:59.
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The Large Cap Stocks might not do any well on Monday as we wait for more economic data to be released. The NYS Unemployment has hit 10%+ which is not a good indicator for a economy expecting a turnaround. This means all banking and financial market stocks will remain bearish.Our recommendations for Monday:
  1. C - CitiGroup Inc- NYSE:C - SELL for Short Term BUY for Long Term
  2. BAC- Bank of america- NYSE:BAC- Sell 
  3. FNM- Fannie Mae- NYSE:FNM Buy with Long Term View only 
  4. GE- General Electric - NYSE:GE - Sell has no potential for large gains
  5. ETFC- Etrade financial Corp- NASDAQ:ETFC - Buy with Caution

tags: 
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