EOG DIVX MON EQIX DUG Stock Watch 050908

As expected, we had more unwinding and choppy action in the market today. A few stocks on my list to watch tomorrow include EOG, DIVX, MON, EQIX, and DUG.

EOG reversed yesterday’s down bar, and is close to breaking the high from three weeks ago.

DIVX broke out of a 2-month base, and closed near it’s high after pulling back yesterday.

MON has taken out that wide range red bar. Ag stocks have been strong.

I’m thinking EQIX could be a short here if yesterday’s low of 87.12 fails. Note the topping tails. Also, a second gap higher is usually novice driven.

One day oil stocks will reverse. DUG is on my watrch list every day in anticipation of that event.