Weekly Watch List


BIDU
FFIV
NFLX
IGTE
APKT
MELI
HLF
CXO
ARMH
INFA
AAPL
RADS
AKAM
ILMN
SINA
PRGO
SHOO
ORCL
SOA
NOG

Additions:
ILMN
NOG

Subtractions:
CMG
DD
EW
HUM
LXK

Last week, the major indexes ended narrowly mixed with the Nasdaq up 1.1%, the S&P 500 flat, and the Dow and the NYSE composite both down 0.1%.The IBD outlook remains at “market in confirmed uptrend”.

This week, four watch list stocks, BIDU, NFLX, INFA, and PRGO are at or near proper buy points. BIDU, trading at $110.01, has broken out of a four weeks tight pattern and is still within 5% of an approximate $103.00 buy point. NFLX, trading at $173.57, bounced off it’s ten week line and is in buy range up to $183.12. INFA, trading at $40.69, also recently bounced off it’s ten week line and is in buy range up to $41.16. PRGO is trading at $65.88 and has formed a flat base with a buy point of $68.04.

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

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