Chris Lau
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Chris Lau in Value Stocks,

Action List After Labour Day, September 6 2016

A market rally around the world, triggered by a rally in oil prices, will propel North American markets higher tomorrow.

Stocks on tomorrow’s action list include:

1.A bounce back for Smith and Wesson (SWHC) after an earnings beat.

2.Apple (AAPL) may give a few points of gains, ahead of the iPhone 7/Macbook Pro/Macbook Air/OS X/Watch 2 announcements

3.Gold may end the sell-off: See NUGT but do not touch. Buy GLD or GDX if bullish in this sector

In the energy sector, in light of oil prices bottoming at $50/bbl

4.Bullish on BP plc (BP), Exxon (XOM), CVX, and COP

5.Play ETFs instead: OIH or OIL