|Thursday had mixed market internals and continued weakening in the screened stock ratio at 8.1 to 5.3 favoring buying. Again, the direction of the ratio is important as an oscillator. Risk remains moderate. |
A few more companies off our Growth Stock Journal showed up on the screening, and are added to the watchlist today. DLX is one that made a new 52 week high today.
There is still strength in biotechs, medical equipment, select retail and more and more energy stocks.
Longs to watch: APC, CPRT, DUX, NBIX, NOI, PEP, SRNA, STE and TECD.