Weekly Watch List


NEU
PCLN
BUCY
RAX
MELI
ASIA
TLVT
BIDU
ISRG
SIRO
GMCR
BCSI
AAPL
SHOO
WBD
BWY
GES
GOOG

Additions:
None

Subtractions:
AM
V
VRX

Last week the market indexes all moved higher with the Nasdaq bolting 3.3%, the NYSE composite up 2.4%, the S&P 500 gaining 2.2%, and the Dow adding 1.9% These gains, along with the passage of time, were enough to knock a couple distribution days off the count and change the IBD outlook to “market in confirmed uptrend”. You are now free to move about the market and buy stocks again.

This week AAPL is in a proper buy range. Thursday it cleared a flat base with handle buy point of $208.10 on good volume for a Christmas Eve. AAPL is currently trading at $209.04 and will remain in buy range up to $218.50.

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

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