Stocks for the Upcoming Week of July 8-14

Hey guys

First and foremost it is important that I stress the importance of adding to your pre-exisiting winners and cutting loose any of your current laggards and losers before initiating any new positions. By continuosly feeding (adding more shares) to strong stocks in your portfolio, you are maximizing your potential profit. The new stocks that you may want to buy are risky, may fail and still will have to prove themselves. It is also important to hold onto and add to stocks that have made strong short term moves (i.e. like 20-25% gain in a short time period such as a month or less), such as PENX.

Also, keep an eye on some of the stocks that will be reporting earnings this week. Surprise earnings announcements may open the gate for some new interesting stocks for one to add to their arsenal.





The Momentum Plays...



RZ





The RS on RZ has perked up quite a bit. This one seems to be high-powered...

































XWG

This one seems to be an Apple iPhone momentum play.

Although LOCM is also a momentum play, I chose to ignore this one as I feel as if the stock has already surpassed a proper entry point.

I would only keep an eye on it as it has the potential to form a high, tight flag chart pattern.