Only one stock was added to the list this week: Comcast, while a huge number of stocks were removed from the list: Adobe Systems, Altera, Biogen, C.H. Robinson Worlwide, Checkpoint Software, Flextronics,
JDS Uniphase, Juniper, KLA-Tencor, Linear Tech, MedImmune,
Millenium Pharmaceuticals, Qlogic, Novellus, Verisign, Veritas, and Xilinx.
The Nasdaq stocks are typically a volatile bunch so the list tends to broaden and narrow in a violent way. It appears pretty clear now that
the reversal bar that appeared at the end of last week marked a top. (Now watch the Index move to new highs to spite me.)
Last week's list of strong Nasdaq stocks.
USA Interactive (USAI)
Gilead Sciences (GILD)
Teva Pharmaceuticals (TEVA)
American Power Conversion (APCC)
Cisco Systems (CSCO)
Citrix Systems (CTXS)
Comverse Technology (CMVT)
Electronic Arts (ERTS)
Mercury Interactive (MERQ)
Network Appliance (NTAP)
Apollo Group (APOL)
Bed, Bath & Beyond (BBBY)
Echostar Communications (DISH)
Express Scripts (ESRX)
Patterson-UTI Energy (PTEN)
A look at the Nasdaq Index...
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