Weekly Watch List


NEU
BUCY
RAX
PCLN
GMCR
BIDU
TLVT
ASIA
SIRO
KMGB
ISRG
MELI
AAPL
WBD
BCSI
ABV
VRX
SHOO
GOL
GES
V

Additions:
ABV
KMGB
V
VRX

Subtractions:
None

Last week the market indexes all moved lower with the Nasdaq giving up 1.3%, the NYSE down 0.9%, the S&P 500 losing 0.8%, and Dow dropping 0.1%. The IBD outlook remains at “market in confirmed uptrend”, although all the indexes picked up another distribution day on Friday.

This week, two watch list stocks are in a proper buy range, AAPL and VRX. AAPL is currently trading at $205.93 and is in buy range up t0 $226.37 after finding support at its ten week moving average. VRX is trading at $34.81 and is still within 5% of a $34.54 buy point, after clearing a cup without handle pattern.

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

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