We already have 17 active plays and I added a new one today. With the S&P and Dow nearing critical resistance, I think we should be cautious about adding a bunch of new positions. I did not find anything just begging to be bought in my scans this weekend. If the market corrects as i expect over the next couple of weeks we could see some currently overbought stocks decline and give us a better chance at a profitable entry. I am not adding any new watch list plays this week.
Stocks Dropped from Watch List:
BA - Boeing
This position was opened with a BA trade at $125.50 on March 14th.
FFIV - F5 Networks
This position was opened with a FFIV trade at $101.50 on March 18th.
UTX - United Technology
This position was opened with a UTX trade at $98.25 on March 17th.
New Watch List Entry:
No New Watch List Entries
Active Watch List Play Descriptions:
No Active Watch List Plays