Weekly Watch List

ALXN (7/24/11, +5.24%)
LULU (8/28/11, +10.42%)
RGLD (7/30/11, +25.35%)
DLTR (9/4/11, +6.08%)
NUS (8/28/11, +16.15%)
BWLD (8/9/11, +14.41%)
HS (8/28/11, +1.48%)
DG (9/4/11, +5.57%)
HUM (8/9/11, +13.98%)
CXO (9/17/11, +0.00%)

Additions:
CXO (9/17/11, +0.00%)

Subtractions:
AH (8/21/11, +0.16%)
SHPGY (8/9/11), +5.51%)
ULTA (8/28/11, +24.75%)

Last week, all the major indexes moved higher. The Nasdaq vaulted 6.3%, the S&P 500 added 5.4%, the Dow gained 4.7%, and the NYSE tacked on 4.3%. The IBD outlook remains at “market in confirmed uptrend”. It’s a green light to buy stocks.

Unfortunately, this week, none of the watch list stocks are at or near proper buy points. Some are still basing and others have already broken out and are now extended. Better luck next week.

/as usual, your mileage may vary, always do your own homework