Weekly Watch List


ULTA (11/13/11, -7.38%)
ALXN (7/24/11, +12.53%)
MA (9/24/11, +7.46%)
GOLD (12/11/11, -6.18%)
DLTR (9/4/11, +16.30%)
HANS (10/16/11, +1.61%)
DG (9/4/11, +13.75%)
TSCO (12/04/11, -1.57%)
NUS (8/28/11, +22.25%)
RGLD (10/30/11, -3.61%)
TJX (11/27/11, +5.77%)
VRSK (12/18/11, +0.00%)
AAP (12/11/11, -3.24%)
CXO (12/04/11, -9.15%)
RL (11/27/11, +0.24%)

Additions:
VRSK (12/18/11, +0.00%)

Subtractions:
DECK (11/27/11, +6.60%)

Last week, all the major U.S. indexes moved lower. The Dow lost 2.6%, the S&P 500 gave up 2.8%, the Nasdaq moved down 3.5%, and the NYSE composite dropped 3.6%. The IBD outlook remains at “market in correction”. It looks like Europe has mugged Santa and stolen his rally. Raise cash and continue to play defense.

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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