Editor's Note:

Thursday's session could be interesting. There is a lot of economic data hitting the wires. We'll see the housing starts, building permits, the U.S. current account balance, the Philadelphia Federal Reserve economic survey, and the weekly initial jobless claims. Meanwhile stocks look a little tired. We've been hoping for a correction to offer another entry point to load up on bullish positions. The newsletter already has almost a dozen candidates ready to go with buy-the-dip triggers. I'm not adding any new candidates tonight.

- James