- New Trades -
(August 09, 2015)
We had a very successful week for our watch list.
CVS, DIS, and MSFT all hit our entry triggers to launch positions. Even CLX broke out higher as expected. Unfortunately shares of CLX actually moved too fast for us and did not meet our entry point qualifications.
This week I am not adding any new plays tonight. The market's weakness and inability to build on its rally attempts generates worry about the strength of the market. We already know that market internals are weak and only a handful of big cap names have kept the market aloft.
That does not mean there are no opportunities. Tonight I have completely refreshed the watch list. We have new candidates with AMBA, CELG, STZ, and V.