Weekly Watch List

PCLN
BIDU
MELI
BUCY
NEU
GMCR
ASIA
SIRO
ISRG
ATW
SHOO
VRX
BWY
BVN
GES
BCSI
PWRD
GOOG
CERN

Additions:
None

Subtractions:
BGFV
LPS

Last week all the indexes were up for the second time in a row with the Nasdaq gaining 2.6%. the Dow 2.5% higher, and the S&P 500 and NYSE composite both advancing 2.3%. Also, Monday’s positive action on higher volume put the IBD outlook back to “market in confirmed uptrend”. However, all the indexes took a distribution day Thursday, putting a dent in the new uptrend. It’s okay to make new purchases again, just be careful, the upside volume still hasn’t shown up with any enthusiasm.

This week, no watch list stocks are in a buy range.

/as usual, your mileage may vary, always do your own homework

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