Weekly Watch List


AH (8/21/11, +0.00%)
ALXN (7/24/11, -14.45%)
RGLD (7/30/11, +9.20%)
BWLD (8/9/11, +0.59%)
SHPGY (8/9/11, +5.19%)
HUM (8/9/11, +0.14%)
TJX (8/21/11, +0.00%)

Additions:
AH (8/21/11, +0.00%)
TJX (8/21/11, +0.00%)

Subtractions:
AVGO (8/14/11, -8.86%)
CVLT (6/4/11, -21.52%)
CXO (8/9/11, +8.52%)
INFA (10/16/10, +5.83%)
LULU (6/25/11, -11.86%)
NFLX (7/30/10, +100.11%)
PRGO (4/2/11, +6.58%)
ULTA (7/30/11, -21.31%)

Last week was, once again, horrid. The Nasdaq tumbled 6.6%, the S&P 500 lost 4.7%, the NYSE composite dropped 4.6%, and the Dow gave up 4.0%. The IBD outlook remains at “market in correction”. There’s not much to do with a market like this except to stay on the sidelines.

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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