Weekly Watch List


ALXN (7/24/11, +8.29%)
ULTA (11/13/11, -10.71%)
MA (9/24/11, +2.72%)
LULU (11/27/11, +0.00%)
DLTR (9/4/11, +7.58%)
RGLD (10/30/11, +2.61%)
NUS (8/28/11, +16.18%)
HANS (10/16/11, -9.91%)
VRSK (11/27/11, +0.00%)
RL (11/27/11, +0.00%)
DG (9/4/11, +6.27%)
DECK (11/27/11, +0.00%)
AAP (11/27/11, +0.00%)
TJX (11/27/11, +0.00%)

Additions:
AAP (11/27/11, +0.00%)
DECK (11/27/11, +0.00%)
LULU (11/27/11, +0.00%)
RL (11/27/11, +0.00%)
TJX (11/27/11, +0.00%)
VRSK (11/27/11, +0.00%)

Subtractions:
CXO (10/30/11, -9.71%)

Last week was a disaster with European news pulling all the major U.S. indexes down on lighter holiday week volume. The NYSE composite cratered 5.3%, the Nasdaq plunged 5.1%, the Dow dived 4.8%, and the S&P 500 lost 4.7%. The IBD outlook remains at “market in correction”. Think about raising cash, it’s the only safe place to be at the moment.

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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