Weekly Watch List


GMCR
INT
SNDA
NVEC
CERN
QSII
HMSY
PCLN
CRI
MFE
AAN
AAP
ROST
CUB
MNRO
CEC
ASIA
EAT
SY

Additions:
AAP
ASIA
CEC
EAT
HMSY
ROST

Subtractions:
EMS
MDAS

Once again, nothing on this week’s watch list is currently within an acceptable technical buy range and that’s just as well. The markets are treading water, looking for a direction and last week, going into a long holiday weekend, market volume was way down. Let’s see where the markets go this week, stay cautious, and be ready to go short or buy index puts if that’s the direction, never fight the tape. As they say, better safe than sorry, patience is a virtue, and all good things come to those who wait.

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

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