With the major indexes nearing resistance we should pay careful attention and manage new entries carefully. We could be close to a period of volatility and I would rather not have a list of potential new positions that are triggered on a one day spike and then spend the next several weeks in the dumps of a decline.
I prefer to view a decline as a potential buying opportunity rather than a losing proposition.
No new watch list entries today.
New Watch List Entry:
No New Watch List Entries
Stocks Dropped from Watch List:
SWHC - Smith & Wesson
This became an active position when it traded at $27.15 on Monday.
Active Watch List Play Descriptions:
No Active Watch List Plays