- New Trades -
(August 04, 2013)
I am not adding any new trades this evening. Many of the stocks that look like tempting bullish trades have already moved and now they're short-term overbought. Fortunately, the broader market does look bullish with a breakout to new highs after its recent sideways consolidation.
We are adding four new candidates to our watch list tonight (DG, GE, PG, and YUM). Plus, I've added new symbols to my radar screen below.
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:
MDVN, GWW, KMX, FL, ESI, HD, GS, SINA, BIDU, NKE, PAYX, MMM, ANN, CAR, WFC, UPL, WMT, TGT, SLB, GM, JNJ, SBUX, GD, NOC, CLX, LMT, LLL, DLPH, AKAM, ETFC, AMTD, SCHW, MS, CS, GRPN, DNKN, KKD, TJX, UA, HPQ, HSY, DLTR, KR, SYK, HAL, FRX, WHR, CBI, COST, BHI, UTX, RRC, TSCO, RF, SCTY, CL, V, MRK, MYL, TIF, LLY, JBHT, GILD, BWA, BDX, DD, GLW, ABC, COF, HAIN, PEP,