Weekly Watch List


GMCR
PCLN
NEU
NVEC
PEGA
JOSB
RKT
GES
ROST
TECD
ISRG
LFT
UNFI
BCSI
ADVS
LFC
CERN
MDAS

Additions:
ADVS
BCSI
GES
LFC
MDAS
TECD
UNFI

Subtractions:
CRI

Last week the market barely managed to eke out another gain, with all the major indexes up fractionally. The NYSE composite crawled ahead 0.5%, the S&P 500 added 0.3%, while the Dow and Nasdaq inched up 0.4% each. The IBD outlook is still “market in confirmed uptrend”, but there’s quite a bit of stock churning going on and the market topping vibe is pervasive. Caution is the watchword. Volume should be light again this week and return to more normal levels after Labor Day.

Once again, this week there are no stocks on the watch list that are potential buy candidates, although one might want to consider going long the VIX.

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

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