Below are 12 trade ideas for the week of June 29. Yes it is a good week! There are few more, but these are some of the ones that are exciting for the high return potential for limited risk. These are my thoughts over the weekend and I may or may not enter these trades. Some stocks may not move as predicted and thus may be abandoned. Remembers - trade at your own risk!
CSCO: continued weakness in the stock makes the good old $28 and $27 very attractive.
DD: DD is pulling back into is old trading range. Always a good point to restart selling puts!
IBM: I love the $155, so will wait for good premiums on that.
INTC: $30 is my choice. $31 is also good, but I need a bullish reversal on the stock
JCI: JCI's $50 is interesting for small quantities. This is a volatile stock
KO: Good ol Coke at $40
NUE: A volatile stock so be ready for large swings. $44 is very defensible, while $47 is for the strong hearted ones :)
PFE: $33.5 could be interesting, but only in small quantities.
PG: Stock is so low that I am very excited on this one at $77.5
SLB: Is near its earnings to this is a very risky trade. I have faith in the stock even if it misses.
WMT: A dozen articles come our everyday how this is undervalued. Makes for good put selling.
XOM: This one may take some time to resolve, but an in the money put at $85 can be rewarding.
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Disclosure: I am/we are long WMT, PG, KO, SLB, XOM.