Weekly Watch List

AAPL (4/29/12, +9.99%)
ALXN (7/24/11, +80.98%)
TFM (6/17/12, +18.91%)
ROST (7/22/12, +4.10%)
TJX (3/25/12, +18.74%)
ULTA (8/19/12, +1.21%)
VAL (7/01/12, +0.70%)
JAH (8/5/12, +2.27%)
DG (4/8/12, +5.17%)
EBAY (8/26/12, +0.00%)

EBAY (8/26/12, +0.00%)


Last week, the major U.S. indexes broke their multi-week winning streak and edged lower. The NASDAQ faded 0.2%, the S&P 500 gave up 0.5%, the NYSE composite moved down 0.7%, and the Dow lost 0.9%. The IBD outlook remains at “confirmed uptrend”. Despite losing some ground, volume remained extremely low and none of the indexes picked up any additional distribution days. Volume should continue to be depressed this week as the markets wait to see what the world’s central bankers have to say at Friday’s Jackson Hole conference.

This week none of the watch list stocks are at or near proper buy points.

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


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