Weekly Watch List

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

Additions:
ASIA
BGFV

Subtractions:
ADVS
AM
GOK
IBN
INT
LFC
LFT
LIFE
PEGA
PL

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