- New Trades -
(August 17, 2014)
The market's August rebound continues. Investors continue to ignore disappointing economic data overseas. Meanwhile traders remain nervous over the situation between Ukraine and Russia.
The overall trend for the S&P 500 and the NASDAQ composite remain bullish. However, I have cautioned readers that we're in a potentially volatile season for equities. I would be careful on launching new positions.
We were successful with the watch list last week seeing CSX and NEM both graduate to active trades. This week we are adding CELG and LMT as new watch list candidates. Both have a great chance of being triggered this week.
I have also updated 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. In no particular order:
HD, ODFL, ATVI, XRX, LOW, FISV, CDW, JCP, VMW, WNR, SWHC, IBB, FSLR, DAL, LUV, CVS,