Weekly Watch List


LQDT (12/25/11, +11.49%)
ALXN (7/24/11, +33.73%)
ULTA (11/13/11, +7.96%)
MA (9/24/11, +15.81%)
AUY (1/8/12, +14.18%)
DLTR (9/4/11, +20.28%)
NUS (8/28/11, +36.33%)
MNST (10/16/11, +12.01%)
GOLD (12/11/11, +7.06%)
DG (9/4/11, +16.31%)
AAP (12/11/11, +9.45%)
CXO (1/29/12, +1.80%)
GWW (1/15/12, +3.23%)
NSR (2/5/12, +0.00%)

Additions:
NSR (2/5/12, +0.00%)

Subtractions:
RGLD (10/30/11, +1.30%)
TJX (11/27/11, +17.55%)
VRSK (12/18/11, +3.07%)

Last week, the major U.S. indexes moved higher. The Nasdaq and the S&P 500 each rose 3.2%, the NYSE composite added 2.3%, and the Dow was up 1.6%. The IBD outlook remains at “confirmed uptrend”.

This week, five watch list stocks are at or near proper buy points. ULTA, trading at $78.11, is still within 5% of a $75.80 buy point after breaking out of a 4th stage cup base and volume is still lacking. MA, trading at $390.32, broke out of a 2nd stage flat base and is sitting just above a $385.09 buy point. DLTR, trading at $85.65, is still just above a $84.09 buy point off of a three weeks tight pattern. NUS, trading at $52.76, broke out of a 3rd stage flat and is just past a $51.77 buy point. CXO, trading at $108.49, broke out of a 3rd stage cup with handle base and is still within 5% of a$104.93 buy point.

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

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