Pacific NW Stocks - Update

Hopefully, Pacific NW stocks continue to point towards a economic recovery in the Puget Sound Area.  Most stock have done quite well since my post in October. 

 Amazon powered ahead for another 12% run.  They are apparently winning their war on retailers.  Side beneficiaries of their victory have been the package delivers, Federal Express and UPS.  Looks overbought and in need of a price correction.

 Costco hit its target of 70 (for a 10% run), and then a funny thing happened this week.. they announced better than anticipated earnings pushing the stock higher.  Costco is also overbought, taking profits is in order.

 Starbucks exceeded its target of 32 (for a 14% run) by hitting 33 this week. 

 Nordstroms hit its target of 42 (16% increase) and decided to move a little higher.  It's currently consolidating within its base.  It looks like a better option to see where it settles out rather than buying now.

 Boeing can't seem to get out of its own way.  Delay after delay on the Dreamliner is trying investors patience.  The stock got hit with multiple downgrades after the latest announcement.  The stock has moved to the bottom of its base.  New purchases should have a stop at $63 with a new target of $70.

Weyerhaeuser almost made it to its target of $19 before getting downgraded this week.  It did make it to $18, for a 16% move.