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One major play this week (and a free watchlist)

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Check out what I'm monitoring this week
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Hey, It's Jack,

Today, I want to give you a few pointers on the market and a Watchlist for you to use.

Overall, the broad market is still bearish. The S&P 500, The Dow Jones, and Nasdaq are all bearish.

In this market, there are few buyers, and any sizeable selling will make a stock drop more than normal.

Although bearish across the board, there are some stocks that look like they hit bottom and are just trending sideways now.

Companies with no earnings are the most vulnerable to more selling.

Some stocks are trying to move higher even in this market.

The big event this week is GOOG's 20:1 stock split coming Friday.

There will be plenty of action both ways on Friday. Expect massive Call option buying.

The real money will be on selling Call options and the best way to do that is to buy GOOG, either before or after the split, then sell Covered Calls.

Now, here is your watchlist for the week:

Upside

  • CI
  • FTNT (*Disclosure: I'm long FTNT.)
  • CORT

Downside

  • AGCO
  • CTSH
  • BXP

Stay tuned and trade well,

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