Watch List Additions
Dear Members,
The following stocks are being added to our Watch List:
Large Cap Watch List:
Under Armour, Inc. (UA) - $11.99 billion market cap, no entry at the current price. We'll wait for additional weakness before entering.
Moody's Corp (MCO) - $16.90 billion market cap, entry at the current price (78.95) and a second entry at 76.50.
Mid Cap Watch List:
Shutterstock (SSTK) - $3.49 billion market cap, no entry at the current price. We'll wait for additional weakness before entering.
RR Donnelley & Sons (RRD) - $3.48 billion market cap, entry at the current price (19.15) and a second entry at 18.78.
Small Cap Watch List:
Marin Software (MRIN) - $376.83 million market cap, entry at the current price (11.31) and a second entry at 10.73.
I will provide annotated charts over the weekend detailing the entry points, closing stops and targets.
Tom Bowley
Chief Equity Strategist
EarningsBeats.com