- New Trades -
(January 26, 2014)
It has been a rough couple of days for stocks. This could be the beginning of a significant correction lower. A hefty pullback would actually be longer-term healthy for the stock market. With the stock market poised for further declines I am not adding any new trades tonight. Last week saw two of our watch list candidates, DLPH and ITW, both graduate to our active play list. Tonight I am adding three new candidates to the watch list, all of them with buy-the-dip entry points. That way we can take advantage of any further market declines.
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. In no particular order:
MA, NTGR, STX, LUV, DAL, HPQ, CR, WHR, URI, ESRX, CTSH, VLO, TIF, KORS, BA, LMT, NOC, ADBE, SCTY, HAIN,