Weekly Watch List

BIDU
ISRG
GMCR
PCLN
SIRO
RAX
MELI
VRX
NETL
BCSI
AAPL
AAWW
GES
ARST
ACF
CREE
OTEX
ABV

Additions:
ARST
MELI
OTEX

Subtractions:
ASIA
COH

Last week the major indexes ended higher again for the second week in a row. The S&P 500 added 3.1%, the Dow and NYSE composite both rose 3%, and the Nasdaq tacked on 2.8%. However, once again, there was still no follow through day on higher volume. The IBD outlook remains at “market in correction”. Be patient, with the market still undecided on a direction, it’s not advisable to be making any new purchases.

This week, with the market in correction, there are no watch list stocks that can be considered to be in a proper buy range.

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

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