Posted on December 26, 2010 by Killian Bundy
Last week, the major indexes inched higher again with the NYSE composite climbing 1.1% , the S&P 500 adding 1%, the Nasdaq tacking on 0.9%, and the Dow up 0.7%. This was enough positive action to change the IBD outlook back to “market in confirmed uptrend”. It’s okay to buy stocks.
This week, CTSH is, once again, the only one of the watch list stocks in a proper buy range. CTSH, trading at $72.83, is still within 5% of a $71.39 buy point.
/as usual, your mileage may vary, always do your own homework
Filed under: Blog Entry | Tagged: IBD, Investing, Investors Business Daily, Stocks, Watch List |