Weekly Watch List


NFLX
CXO
BIDU
ARUN
SINA
FFIV
ILMN
INFA
EW
CTSH
AAPL
JNPR
ORCL
MELI
ENDP

Additions:
None

Subtractions:
CVLT
VIT

Last week, all the major indices gained ground yet again. The NYSE added 1.6%, the Dow and S&P 500 each rose 1%, and the Nasdaq gained 0.9%. The IBD outlook remains at “confirmed uptrend”. Keep riding the bull until it rolls over .

This week, there are four watch list stocks at or near proper buy points, ILMN, EW, CTSH, and ORCL.

ILMN, trading at $72.27, is still within 5% of a $71.46 buy point. EW, trading at $89.50, cleared a five week flat base and is still barely within 5% of a $85.57 buy point. CTSH, trading at $72.27, found support at its ten week line and is in buy range up to $77.73. ORCL, trading at $33.68, is still within 5% of a $32.37 buy point.

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

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