QuickStockAnalysis.com

Every week we search for the top stocks to buy, and analyse our prior recommendations. We now believe that the slight upward momentum of Wall Street will be lost, and we have a bearish perspective for the future. We will therefore modify our portfolio:

• Cisco. -2,02% since we bought this stock. Sell this stock due to its difficult momentum. Re-enterying at a lower point might be more appropiate
• Garmin. +6,36% since recommendation. Hold. Garmin is still recovering from their lows a week ago and might continue its upward trend.
• SKF. +6,87%. This ETF that replicates twice the inverse of financials, is our strongest recommendation and expect to triple its performance in a few weeks.
• EWZ. +0,43%. Hold; investing in Brazil helps us to diversify our portfolio and also, the trend is bullish.
• DUG. -4,19%. This ETF is our worst performing stock so far, but we will hold it since we expect a rebound in oil prices.
• Visa. +22%. We recommended to sell this stock last week, since we expected a rebound. Although long term we believe Visa will haave great achievements, momentum is down and we will wait for a more appropiate time.
• ETFC. +11,32%. Sell, E Trade has overperformed the market based on hope, and we find this stock quite speculative at this prices.
• Apple. +16,27%. It´s advancing every day, and we dont like to cut a bullish stock although it has grown too much in a few weeks. We will sell this stock very soon before a rebound. Stop loss placed at $182.
• GE. +0,56%. Hold, as General Electric is a long term investment for as, and the volatility is low, we will mantain GE for some months.
• Nokia. -0,98%. This is the third and last stock out of our 13 that is on negative territory. We expect Nokia to recover soon, and will hold the stock.
• Pfizer. +1,36%. Hold, recovering from low levels.
• Crox. +14,36%. Crox can still achieve a better performance but not in a bearish market. We place a sell order.
• Netflix. +1,33%. Hold. Netflix is a volatile stock that could recover, but investor psychology will play an important role since its a growth stock. We have a stop-loss  at $30, the buy price, to prevent a loss.

Our global performance since April 23 2008 (22 days) is +5,67%. We will begin to buy some longer term investments, but won´t buy any stocks this week, since on Friday options will expire and that may cause unpredictable moves in the market.