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