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Cyber Monday is underway …..
……. while futures point to a volatile start. As usual, we will wait for the Opening Range, before taking any new positions. We are looking for an edge. We want to sort out market temperament first, then look for a trend to develop. Stocks to consider, in addition to the watch list, are below.
Most of the names on this list should be familiar. All of them have better than 30% earnings growth for the year and increasing sales of the same magnitude. Since sales and earnings are the bread and butter of stock selection, we are weeding out the losers by sorting through the 5000 stocks on the Wilshire 5000 Index.
This post is brief and to the point. The watch list and weekend video were posted in the trading room last night. Both were sent out via email.
Join us at 9:20 AM on Livestream for more insight during market hours.