Weekly Watch List

DDD (10/28/12, +56.81%)
FLT (11/25/12, +27.65%)
OCN (1/27/13, +9.75%)
WDR (2/3/13, +1.82%)
MPC (2/3/13, +6.85%)
MX (2/10/13, +0.00%)
CI (2/10/13, +0.00%)
BLK (2/3/13, +0.54%)
HCA (2/10/13, +0.00%)
JAH (2/3/13, +2.37%)
EBAY (1/27/13, +0.16%)
PIR (12/30/12, +13.81%)
PKG (2/10/13, +0.00%)
MA (2/10/13, +0.00%)

CI (2/10/13, +0.00%)
HCA (2/10/13, +0.00%)
MA (2/10/13, +0.00%)
MX (2/10/13, +0.00%)
PKG (2/10/13, +0.00%)

PPG (1/27/13, -3.70%)

Last week the major U.S. indexes ended narrowly mixed. The NASDAQ tacked on 0.5%, the S&P 500 added 0.3%, the Dow dipped 0.1%, and the NYSE composite gave up 0.3%%. The IBD outlook remains at “confirmed uptrend”. Index distribution levels remain elevated, volatility is starting to creep up, Europe is back on the radar screen, and the fight over the Sequester is starting to heat up. Milk the current rally until it runs dry, but make sure you have a plan at the ready to go over on the defensive as the universe of potential near term catalysts seems to be skewing to the downside.

This week four watch list stocks are currently at or near proper buy points. DDD, trading at $66.94, recently tested its ten week line successfully and is in buy range up to $75.58. OCN, trading at $40.97, is still within 5% of a $39.35 buy point off of a 3nd stage cup with handle base. BLK, trading at $238.16, has formed a three weeks tight pattern with a potential buy point of $239.59. PKG, trading at $40.15, found support at its ten week line and is in buy range up to $42.25.

/as usual, your mileage may vary, alw101ays do your own homework


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