Last week, the major indices all moved lower. the Nasdaq lost 0.9%, the Dow gave up 0.7%, the S&P 500 dipped 0.3%, and the NYSE composite faded 0.2%. The IBD outlook remains at “market in correction”. Hunker down, there doesn’t seem to be any obvious catalyst on the horizon that might stick a fork in this correction.
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