Daily report from Argus includes a few stock picks that Argus believes are positioned for gains over the next month. Five-Day Strengthening Sectors: Energy, Materials Five-Day Weakening Sectors: Utilities, Telecom Services AT&T T Price 40.89 Support 37.00 Resistance NM This telco utility isn’t usually considered a momentum stock. But when interest rates are low for a long time, and then they plunge again (post-Brexit), income stocks can quickly come into fashion. In the past three months, the T shares have climbed 4.4% while the S&P 500 has risen 3.8%. In the past year, the shares have gained 26%, while the S&P 500 was up 14%. The five-year record? Not as compelling. AT&T booked a gain of 48% versus an 86% increase in the broad market. So the time for T may well be now. We would set a stop-loss at the 50-day moving average of $37, and look to take near-term profits on a move above $46, which could come into view if the Federal Reserve backs off from a September 2016 interest-rate hike. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Facebook FB Price 125.84 Support 112 Resistance NM This leading internet company is generally a consistent candidate for momentum investors. In the past six months, the FB shares have climbed 6% while the S&P 500 has risen 4%. In the past year, the shares have jumped 44%, while the S&P 500 is up 14%. The five-year record? A gain of 294% for the FB shares, versus a 65% increase in the broad market. But what have you done for me lately? Well, in the past month the shares have barely outperformed -- rising 1.2% while the market has gained 0.2%. We think this market performance is likely a buying opportunity.