Stocks To Watch For The Week Of 06-15-09

06-15
LZB

06-16
ADBE, BBY, FDS & SFD

06-17
ATU, CLC, FDX, IHS & SMTS

06-18
CCL, SJM, PIR, PRGS, RIMM (AAPL, PALM) & WGO

06-19
KMX

Again, June is typically a very slow month in terms of earnings - next earnings season is in July when high beta stocks report their earnings (i.e. GOOG, ISRG). I only see four stocks that qualify for our RED LIST this week; they are: ADBE, BBY, FDX and KMX. Like I said last week our opportunity to make tons of cash this week is with RIMM - this stock is definitely a strangle / straddle candidate; just five bucks all around the close price of 06-18-09. A major word of caution, this move will not be for the faint of heart if you buy June options (this trade is only for very experienced option traders).

1. Stocks in RED - those of you that know the color coding already know that all stocks in RED are expected to swing nicely and provide MONSTER CALL / PUT OPTION PLAY opportunities - these are to be traded after earnings based on all technical signals (e.g. volume, MACD, Bollinger Bands, CCI, RSI, current trend, etc.).

2. Stocks in RED / BOLD and UNDERLINED - these are very good potential strangle / straddle candidates.

3. Stock in YELLOW - these stocks will move based on the action on the preceding stock reports - we know that smart phone players for the most part all move together so if RIMM reports great / bad earnings and moves up / down, it may move all smart phone stocks with it (including AAPL & PALM).

Special note: I have added RTP to my permanent strangle / straddle candidate list so that I can study and watch it daily. I've noticed that RTP opens up or down between 12 to 20.00USD easily just about everyday folks - this is all we need to make easy money! I will continue to watch the stock to provide a recommendation at a later time... Stay tuned!

Enjoy trading!