What a week just past! DOW and S&P 500 have finished positive for the week because of the turn around on Friday. However Nasdaq is still down for the week. Overall the market is still unclear about which direction to take. I would still use caution right now.
Stocks with positive momentum for this week is poise to make another run-up next week. The following stocks are on my buy watch list:
nwre, res, ravn, twgp
Stocks with negative momentum are the stocks to be avoided:
flsh (more stocks will be coming out next week), driv (terrible guidance on last Friday)
NGS is still the number one spot on the IBD list. It is worth while to keep an eye on it. This stock has the tendency to swing very violently in either direction.
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