3 Stocks to watch tomorrow 8/23/12

$ARNA @ 8.86 - Target $9/$9.25
$MRO @ 27.8 - Target $28.25/$29
$XIN @ 3.05 - Target $3.20/$3.45

Trade your plan and use stops.
Good Luck!
~JP

401k updates coming

Back in February of this year, I made some adjustments to my 401k and went really conservative.  I evaluate my allocations twice per year.  The August/September time period is the second period.  I will be making some adjustments based on what I'm seeing in the world economy.  The markets are near their yearly highs.  I think this trend could continue.  Short term, I'm looking for a small pullback to buy. Long term, it may be a good time to get into specific sectors.

I will add a post with my changes when I make them.  Needless to say, my prior changes in Jan/Feb didn't help much as the market continued higher, dipped and went right up to the highs.

In my personal long-term account, I'm taking a stake in Gold Miner and Commodity ETFs.

More updates to come.

~JP