Just updated the Stock Screener – 3 updates in all. I also removed the “Fat Lady Sings” and the “Diamonds in the Rough” as they weren’t yielding me any descent results – so there is no use in continuing with those. The other eight screens remain in tact. Also updated the Market Barometer, however all four major indices remain bullish across all time frames.
In the screen updates, the industries that caught my eye the most was biotech, followed up with a a lot of industrials, so keep an eye on those two industries. As for economic reports we are going to see announcements on home prices, manufacturing, consumer confidence, construction spending and factory orders, not to mention the all important labor report due out Friday morning. As always I’ll be here to provide you with reminders early on each morning of what’s going on.