The markets remain weak as we head into the midday session. Let's take a look at what is jumping off the board so far today.
Amgen ( AMGN): Big winner on positive drug news. Tractor Supply ( TSCO): Shares are up over after company raised revenue guidance. Analyst Upgrades: Air Products & Chemicals ( APD) and SAP AG ( SAP) are still maintaining gains from this morning's analyst moves.
This type of action makes me focus on the cream of the crop for potential "bottom-catching" trades. Focus on names like Apple ( AAPL) and Goldman Sachs ( GS) if you are looking to nibble on any quick bounces. I would not be aggressive on the long side. The best move is to keep pushing the trailing stops up on the ultrashort plays in the meantime. Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system.