Weekly Watch List


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

Additions:
None

Subtractions:
RL
ROK

Last week, the major indexes moved higher. The NYSE gained 3.3%, the S&P 500 rose 3%, the Dow added 2.6%, and the Nasdaq tacked on 2.2% The positive action was enough to change the IBD outlook to “market resumes confirmed uptrend”. It’s okay to make new purchases again..

This week, one of the watch list stocks, BIDU, is in a proper buy range. BIDU, trading at $109.23, recently bounced off its ten week line and is in buying range up to $120.79.

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

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