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7 Stocks you need to know for Monday
Oct 05, 2008

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Gekko

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Citigroup (C | Quote | Chart | News | PowerRating) now has the competition of Wells Fargo (WFC | Quote | Chart | News | PowerRating), as both banks attempt to woo Wachovia (WB | Quote | Chart | News | PowerRating) into an acquisition agreement.


Up more than 1% on Friday, shares of Pfizer (PFE | Quote | Chart | News | PowerRating) are both overbought and trading below their 200-day moving average.

Oversold and trading above its 200-day moving average were shares of McDonalds Corporation (MCD | Quote | Chart | News | PowerRating) and Johnson & Johnson (JNJ | Quote | Chart | News | PowerRating), both of which pulled back by more than 2% on Friday.

Shares of Caterpillar (CAT | Quote | Chart | News | PowerRating) closed down five days in a row for the second time in eleven days on Friday.


by Gekko (The Knight Trader)

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