Weekly Watch List


NFLX
BIDU
MELI
PPO
LULU
HMIN
ULTA
CMG
HLF
APKT
PRGO
SHOO
SAM
AKAM
HAS
CMI
FCFS
ISLN

Additions:
FCFS
HMIN
ISLN
ULTA

Subtractions:
AAPL
ARMH
DLB
EL
NETL
RHT
SOA

Last week, all the major indexes took a dive. The Nasdaq plunged 5%, the NYSE lost 4.1%, the S&P 500 dipped 3.8%, the Dow gave back 3.3%. After Wednesday’s drubbing, the IBD outlook was lowered to “uptrend under pressure”. Use extra caution if you’re thinking of buying stocks.

This week, one stock, CMG, is near a proper buy point. CMG, trading at $142.63, has formed a cup with handle base with a buy point of $154.53.

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

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