Editors Note:

With the major indexes nearing resistance we should pay careful attention and manage new entries carefully. We could be close to a period of volatility and I would rather not have a list of potential new positions that are triggered on a one day spike and then spend the next several weeks in the dumps of a decline.

I prefer to view a decline as a potential buying opportunity rather than a losing proposition.

No new watch list entries today.

New Watch List Entry:

      No New Watch List Entries

Stocks Dropped from Watch List:

SWHC - Smith & Wesson

This became an active position when it traded at $27.15 on Monday.

Active Watch List Play Descriptions:

      No Active Watch List Plays