Weekly Watch List


LULU
NFLX
FOSL
AGP
HS
BIDU
INFA
ARUN
ILMN
PRGO
EW
ORCL

Additions:
ARUN

Subtractions:
LCAPA

Last week, the major indices ended narrowly mixed. The NYSE composite gained 0.3%, the S&P 500 and the Nasdaq both lost 0.2%, and the Dow was down 0.6%. The IBD outlook remains at “market in correction”. It’s time for a weak May to go away. Hopefully June will bring better market action.

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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