Weekly Watch List


GMCR
ISRG
SIRO
BIDU
PCLN
MELI
BCSI
VRX
RAX
ASIA
AAPL
LL
HLF
NETL
CNA

Additions:
ASIA
CNA
LL

Subtractions:
ACF
ARST
CREE
OTEX

Last week the major indexes surged higher with the Nasdaq jumping 3.9%, the
NYSE composite adding 3.6%, the S&P 500 up 3.1%, and the Dow rising 2.3%. These gains, on higher volume, were enough to change the IBD outlook to “market in confirmed uptrend”. It’s time to start shopping again.

This week, there are four watch list stocks in a proper buy range,GMCR, PCLN, BCSI, and AAPL. GMCR is currently trading at $87.74, just below a $88.75 buy point it cleared last Monday. PCLN is trading at $235.34 and is still within 5% of a $231.59 buy point. BCSI is trading at $30.56 and still needs to clear a $31.15 buy point on volume. AAPL is trading at $218.95, slightly above a $215.65 buy point.

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

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