Marco Hickey's  Instablog

Here is an updated list of 10 stocks I'll be looking to trade as of market open June 3, 2009. These are the current highest bull/bear rated stocks my screener has returned. Looks as if there’s no specific trend among these stocks this week; last week there was a trend among the commodities, especially mining and gold stocks, among the speculation of a U.S. credit downgrade. To get a detailed definition of the bull/bear components check my Bull/Bear Ratio Defined Blog post by clicking here.

Clear Channel Outdoor Holdings (CCO) 16:2
3COm (COMS) 14:0
Limelight Networks (LLNW) 14:0
Peet's Coffee & Tea (PEET) 14:0
Orthovita (VITA) 14:0
Beneficial Mutual Bancorp (BNCL) 14:1
Calavo Growers (CVGW) (14:0)
ArQule (ARQL) (13:0)
Chelsea Therapeutics (CHTP) (13:0)
ArcSight Inc (ARST) 13:0

These are the top stocks and have not received as bullish ratings in the past few weeks. I would use extreme caution if planning to purchase any of these stocks and would do some extensive research before I jumped in any of them. These will certainly be on my watch list the next few trading days. I'll wait for a 7-10% pull back to purchase any of them and set a tight stop loss if I happen to purchase any of them. If I purchase any of them, I will be selling into strength.

Current Bull/Bear Ratings for many of the stocks I blog about frequently (up from date is referring to the last article I wrote similar to this on May 26, 2009):

Visa (V) 8:2 up from 7:3
Caterpillar (CAT) 7:3 up from 3:9
Research in Motion (RIMM) 10:0 up from 6:4
Palm (PALM) 13:0 up from 3:9
Google (GOOG) 10:0 up from 7:5
Bank of America (BAC) 7:4 up from 6:5
Sirius Satellite Radio (SIRI) 1:10 up from 1:11

For those in the first list I will be looking to purchase call options on some of them (some do not have options).