A holiday-shortened week lies ahead in which the indices are likely to move slightly higher. The S&P was flat last week as expected.
Here are three stocks to trade in this week: Liberty Global, Micron and Facebook.
Liberty Global provides video, broadband internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. The stock has been in a downtrend, and cycles suggest an acceleration to the downside on May 27th. In the past year, 87.5% of the shorting signals have proven to be profitable. And, May and June have seasonally been weak months for the share price. The stock is likely to trade down to $25-$26.
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