Picks and pans: Apple faces technical resistance, Immucor is a recession-resistant buy


No one seems to be in the stock market lately. The Dow industrials and the S&P 500 reached 1997 levels Monday as investors lost confidence in the government plans to pull the economy out of its doldrums and fix the financials markets. Is now the time to be contrarian?

If you think so, here are a few picks and warnings from BloggingStocks and around the Web:

Apple (AAPL) -- with tech and healthcare enjoying (relative) success as investors believe they don't need access to credit, Mark Fightmaster had Apple in mind. But he warns that it faces quite a bit of technical resistance. Never mind the continuing health concerns of Steve Jobs, the stock could continue to bounce between the $80 and $100 levels, and even in a tighter trading range.