Weekly Watch List


IGTE
BIDU
FFIV
NFLX
CXO
VIT
LFL
ILMN
AAPL
FMCN
HLF
ARMH
SINA
INFA
SOA
RADS
SHOO
AKAM
ORCL
RL
MELI
ROK

Additions:
RL
ROK

Subtractions:
APKT
BBD
NOG

Last week, the major indexes ended mixed. The Nasdaq gained 0.7%, the NYSE composite lost 1.8%, the Dow faded 1%, and the S&P 500 gave up 0.9%. The IBD outlook remains at “market in correction”. Think about taking profits, don’t let any profit turn into a loss, and never take a loss of more than 7-8% on anything. Avoid making any new purchases until the next confirmed uptrend surfaces.

With the market in correction, none of the watch list stocks can be considered as buy candidates.

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

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