Wall Street closed the Friday one of its best quarters in a while. Since late December, the market began a journey upward with very few stops. This increase has been of such magnitude and such that has generated suspicion among many traders.
The low volume of shares traded daily and low volatility were the two main origins ofthese doubts. Indeed, a healthy bull market is always enclosing a high volume of dailynegotiation. Similarly, these periods are generally accompanied by greater volatility thatoccurred during this quarter.
Furthermore, this increase has occurred among many European Union's efforts to avert a general crisis in this area of the world. In parallel, the Fed also has continued to underpin the economy of USA. Therefore, it is not strange that these two institutionsmentioned as the cause of rising market.
Eventually, however, do not matter as the reasons behind the market, if you will benefitfrom this behavior.
In the last two weeks, the market has had a behavior closer to what we might call "normal." That is followed by days of ups downs days, although the volumes and volatility remained very low. On Friday, the DJ-30 climbed 0.50%, the SP-500 increased by 0.37%, while the NasdaqComp. fell 0.12%. Our system does not detect many stocks with significant price drops.Below we present three hot stocks picks.
Green Mountain Coffee roasters (GMCR).- Price: US$ 46.84 (Var: -2.78%). Volume: 4.53 Millions of shares (daily moving average: 5.84 M). Has experienced price drops for seven days straight. This stock is oversold, but that will challenge the next support level located in the US$ 41.
Peabody Energy Corp. (BTU).- Price: US$ 28.96 (Var: -2.23%). Volume: 9.61 Millions of shares (daily moving average: 7.43 M). Continue in the down side an its ready to new low.
Interdigital Commun Cp. (IDCC).- Price: US$ 34.86 (Var: -2.19%). Volume: 0.58 Millions of shares (daily moving average: 0.61 M). Continue to fall, and now is ready to new low.
Free Down Trend Stock Picks includes three stocks that have experienced daytime significant price falls. These stocks have been selected from a list includes stocks that have shown the worst performance of the last 52 weeks.This means these are stocks with a medium-term downward trend.
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