Last week the indexes all moved up, the Nasdaq rose 3.3% and the S&P 500, NYSE composite, and the Dow each added 3.2%. However, these gains came on lower volume so the IBD outlook remains “market in correction”. Avoid new purchases and don’t let any gains turn into losses, raise cash where appropriate. Be sure and limit all losses to no more than 7-8%, just sell, no questions asked, and live to invest another day, when the market returns to an uptrend.
This week, no watch list stocks are in a buy range.
/as usual, your mileage may vary, always do your own homework