Editor's Note:

Currently our market bias is for the current rebound to carry through for another week or two. Unless corporate earnings guidance is a lot stronger than expected the rally will likely stall. The major indices will retest their July lows. If the market breaks to new lows then we could see the S&P 500 eventually trade down toward the 950 level. Given this outlook we don't want to add any new bullish candidates just yet.

Keep an eye on the watch list for new trading ideas.