Weekly Watch List


AGP
BIDU
NFLX
ARUN
FOSL
SINA
HS
CXO
BTU
INFA
PRGO
EW
CTSH

Additions:
BTU

Subtractions:
EZCH
FFIV
ILMN
JNPR

Last week, all the major indices sank again. The Nasdaq tumbled 2.7%, the S&P 500 slid 1.9%, the NYSE composite dipped 1.6%, and the Dow faded 1.5%. The IBD outlook remains at “market in correction”. Hunker down on defense, move to the sidelines, and wait for the next uptrend to be confirmed before venturing back into the fray.

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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