Comment on 2 Stocks to Buy and 2 to Short in This Precarious Trading Environment

2 Stocks to Buy and 2 to Short in This Precarious Trading Environment

NEW YORK (TheStreet) -- The market is increasingly precarious. Here are several trade ideas (both shorts and longs) to watch for this environment from a technical standpoint. Starting on the long side, McDermott International Inc. , an oil & gas equipment & services company, has broken to the upside. A six-month downtrend took it down to around $2.00 in February from about $8.00 six months ago.

 

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