The market appeared ready to shift into rally mode last week but it was a false alarm. Tariff uncertainty is increasing and buyer conviction is fading. There is no rush to add new speculative positions.
We have 21 positions and that is about the most we can carry. If we just kept adding an extra watch list position every week we would be setting ourselves up for a lot of stops in the next market dip. There is no reason to add watch list positions at this time.
New Watch List Entry:
No New Watch List Entries
Stocks Dropped from Watch List:
No Watch List Drops
Active Watch List Play Descriptions:
No Active Watch List Plays