Last week all the major U.S. indexes crept higher. The NASDAQ added 0.8%, the NYSE composite tacked on 0.5%, and the Dow and S&P 500 each inched up 0.4%. The IBD outlook remains at “confirmed uptrend”. The markets took a bit of a breather after the previous week’s spectacular upside move. With earnings season starting to gear up and the next episode of the U.S. fiscal crisis not yet on the front burner, the Bulls seem to have the upper hand for now. Ride your winners and keep an eye out for any secondary buy points that may develop.
This week none of the watch list stock are currently in a proper buy range.
/as usual, your mileage may vary, always do your own homework