Weekly Watch List


ALXN (7/24/11, +10.51%)
LULU (8/28/11, -2.62%)
FCFS (9/24/11, -5.83%)
MA (9/24/11, -7.59%)
DLTR (9/4/11, +9.09%)
NUS (8/28/11, +3.00%)
DG (9/4/11, +4.83%)
SHPGY (9/24/11, +3.36%)
BWLD (10/9/11, +0.00%)
LO (10/2/11, +4.74%)
HUM (8/9/11, +0.65%)
TJX (9/24/11, -1.54%)

Additions:
BWLD (10/9/11, +0.00%)

Subtractions:
None.

Last week, the major indexes moved higher on lower volume, not the best combination for setting up a robust rally. The Nasdaq gained 2.6%, the S&P 500 added 2.1%, the NYSE composite tacked on 2%, and the Dow rose 1.7%. The IBD outlook remains at “market in correction”. Hang in there and remain vigilant, one way or the other, Europe could be close to reaching a resolution.

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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