Most of the picks on the watchlist are stocks that have been on the screening the last few days, the number of repeats on the screening is good sign. It is gratifying to review the watchlist and find it including the winners the last few weeks like NVDA, MERQ, EBAY, THQI, but even more recent like URI, that had a good day today.
The market internals showed their first sign of weakness in several days, I'd still have to consider them positive, but, we are getting over-bought and a little caution appears to be in order. The screened stock ratio backed down a little as well, but it also is positive at 8.7 to 3.1 favoring buying. Market risk has moved up to moderate for the day.
Long: AHG, ALKS, ASTSF, COHR, ENZ, EXBD, TIF and PRGN
Good Trading!!
Sam
savvy-trader.com |
