- New Trades -
(May 03, 2015)
April was a frustrating month for investors. The major indices did tag new highs. Yet there was no follow through higher.
Fortunately the longer-term trend for the U.S. market is still higher. The Fed is still on the sidelines.
Last week our watch list was successful with both DATA and SBUX graduating from the watch list to active trades.
We are not adding any new trades tonight. However, I am adding ADBE, AMBA, GILD, and MA to the watch list.
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:
SNA, LXK, ATI, SCTY, AIG, WDC, UA, WFC,
Nearly all of these companies on my radar screen have earnings coming up in the next week.