Last week, the major indices ended mixed. The NYSE composite gained 0.2%, the Dow was flat, and the S&P 500 and the Nasdaq each lost 0.3%. The IBD outlook remains at “market in confirmed uptrend”.
This week, two watch list stocks, HS and INFA are potential buy candidates. HS, trading at $38.60, has dipped slightly below a $38.85 buy point, after breaking out of a 4 weeks tight pattern. INFA, trading at $51.80, is still within 5% of a $49.87 buy point, after breaking out of a flat base.
/as usual, your mileage may vary, always do your own homework