Weekly Watch List

PCLN
BUCY
GMCR
RAX
ISRG
SIRO
BIDU
LFT
VRX
BCSI
AAPL
ABV
AAWW
GES
ACF
CREE
NMM
V
RNOW

Additions:
AAWW
ACF
CREE
LFT
RNOW

Subtractions:
ASIA
NEU
SHOO
TLVT
WBD

Last week the institutional selling downdraft continued on higher volume, with no immediate end in sight. Most of the indexes broke through support levels as the Nasdaq dropped 2.6%, the NYSE sank 2.1%, the S&P 500 fell 1.7% and the Dow shed 1%. The IBD outlook remained at “market in correction”. Don’t try and catch the proverbial falling knife here. Hunker down and play portfolio defense until the market finds some footing.

This week, there are no watch list stocks in a proper buy range.

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