Top Day Trader Alerts (ALL, MO, AIG, AXL, DSCO, GRMN)
These are this Friday’s top day trader alert stocks. We have more color and more detail on price and volume analysis linked through to each at VSInvestor.com:
AllState Corp. (NYSE: ALL) is holding up better than we would have expected considering a Goldman Sachs downgrade to Sell.
Altria Group Inc. (NYSE: MO) had unbelievable options trading yesterday, although it appears to be a dividend capture trade… over 1 million SEPT-2009 contracts were traded yesterday on that basis.
American International Group, Inc. (NYSE: AIG) is holding up rather well considering the downgrade. We have color on price channels and trading patterns on this one because of how sketchy this stock is.
American Axle (NYSE: AXL) is soaring by 17% on an upgrade, a rather tall task for a research call.
Discovery Laboratories Inc. (NASDAQ: DSCO) is up about 50% on an FDA review date.
Garmin Ltd. (NASDAQ: GRMN) may not be anywhere close to the old highs, but an analyst upgrade is helping it get close to challenging 52-week highs.
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JON C. OGG
SEPTEMBER 11, 2009