- New Trades -
(April 06, 2013)
Market participants bought the dip on Friday. That's pretty impressive given the jobs number miss. Short-term I would not be surprised to see stocks bounce for the next few days. Yet over the next two or three weeks I am expecting the market to reverse lower again.
Therefore, why launch new bullish LEAPS positions now when we should see a much better entry point at the end of April or early May. I am not adding new candidates tonight but I am listing two new watch list candidates that should benefit from central bank moves and any geopolitical risks.
Here is a list of stocks on my radar screen. These have potential to be LEAPS trades down the road if the right entry point presents itself:
REGN, LLY, COST, TGT, KMB, TJX, S, PCS, V, DNKN, TIF, TM, DIS,