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Brutal Market Roils Recommended List
Brutal. Just brutal. We were stopped out of 13 of our 25 recommended long positions last week as this market just kept rolling over.
Off our Recommended List went several of our newer recs like Arthrocare(ARTC Quote), Genta(GNTA Quote) and Pharmaceutical Product & Development(PPDI Quote). If there are company-specific reasons for why these stocks weakened so much, we haven't found them. It's just this cruddy market. We'll probably be back recommending these stocks after the market firms again.
The same goes for some of the longer-term picks we were stopped out of, like Respironics(RESP Quote), Steris(STE Quote), Brown & Brown(BRO Quote), Energizer(ENR Quote) and Microtek Medical(MTMD Quote). ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.68 | 1,109.24 | 2,185.03 | 33.23 |
Oil *
77.73
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DOWN
18.90
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UP
0.38
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UP
9.22
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UP
0.48
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10 Yr
3.32%
SPDR Gold
119.18
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-0.18%
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+0.03%
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+0.42%
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+1.47%
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