- New Trades -


Editor's Note:

(December 01, 2013)

The U.S. stock market continues to rally. Last week the NASDAQ and the small cap Russell 2000 index led the way higher while the S&P 500 lagged. Momentum seems to be stalling for the large cap index while the NASDAQ and the Russell both look a little bit overbought. We are overdue for a pullback. Yet at the same time we are entering the most bullish month of the year for stocks. Do we chase stocks higher or do we wait for a dip? The answer depends on your personal trading style.

I am not adding any new trades tonight. However, we did just see two of our watch list candidates graduate from to our active play list last week (COF and HFC). Plus, I'm adding three new candidates to our watch list tonight (CZR, HD, and YUM). All of them could be triggered this week.

Radar Screen:
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:

GD, V, GM, HPQ, TSCO, WMT, FL, PHM, ESRX, JOY, NKE, USB, HBAN, STX, DECK, MDR, BBBY, TJX, ITW, TXN, MSFT, NAV, PAYX,