When looking for potential new buys these days, I have two pieces of advice. First, you want to keep it light, as the market has turned weak and likely has more pullback/consolidation/correction/whatever-you-want-to-call-it ahead. So while every stock is different, the market could be something of an ankle weight on many names during the next couple of weeks. Second, and more important, is to pay attention to earnings; a company’s quarterly report has the ability to change its stocks’ landscape. Translation: A lagging stock can become a leader overnight, and a leader can take a dive just as quickly. I’m...
