Tuesday, December 16, 2008

Stocks for the week of 15 Dec

These are the stocks that are passing at least three of my five filters, for the week of December 15. There are no IBD Top-ranked stocks this week, and only one IBD Supply/Demand stock (AMED).

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
AFAM 111 A+
AMED 11 1A+
APOL 11 1A+
COCO 11 1A+
VIVO 11 1A+
AXYS 11 1A
BCR 11 1A
MANT 11 1A


There is one new stock on the core list, COCO. Corinthian Colleges offers Associate's, Bachelor's, and Master's degrees in trades (like HVAC and plumbing), computers, and medicine.

ARO, EZPW, and PRGO are off the list.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
AMED10Earn 17-Feb
BCR7 
AXYS7 
CELG6Earn 29-Jan
MANT6 
APOL6Earn 8-Jan
AFAM5 
GWR5 
CAI5 
COCO5 

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has remains at a negative two inflation stars ("deflation").

A good performer for me has been shorting the discretionary retail sector, by buying puts. Consumers are putting themselves on a strict diet, so they're shopping less often at Target and more often at Wal Mart. (And buying fewer CDs and the same amount of frozen pizzas.)

Have fun trading this week. We passed final building inspection (3 of 4), so we have electrical still to go. The inspector wants to ask some questions about the photovoltaic system.

Friday, December 5, 2008

Stocks for the week of Dec 8

These are the stocks that are passing at least three of my five filters, for the week of December 8. What's unusal about this week is that we have neither IBD Top-ranked stocks nor IBD Supply/Demand stocks.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
APOL 11 1A+
AXYS 11 1A+
BCR 11 1A+
COCO 11 1A+
MANT 11 1A+
AMED 11 1A
CAI 11 1A
GWR 11 1A
VIVO 11 1A


Here are the new stocks on the core list:

  • GWR: Genesee & Wyoming, operates short line and regional freight railroads in the United States, Australia, and Canada.
  • CAI: CACI International is a Geek Squad for the United States government.
  • APOL: Think The University of Phoenix.
FLIR is off the list.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
AMED10 
CELG7Earn 29-Jan
MANT6 
AXYS6 
BCR6 
ARO5 
EZPW5 
PRGO5 
AFAM5 
GWR5 
CAI5 
APOL5 

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has remains at a negative two inflation stars ("deflation"). (When the S&P 500 Price/Earnings ratio dropped below 17 last week, I should have marked it as a yellow light. But now that it has risen above it, it is back to a red light.) I think this is because different companies on the S&P have lowered their earnings forecasts.

Have fun trading this week. We passed plumbing and mechanical inspections, so we have building and electrical to still go. I will be working on the deck railings this weekend.

Tuesday, December 2, 2008

Stocks for the week of 1 Dec

These are the stocks that are passing at least three of my five filters, for the week of December 1. This will be another short blog entry because there's a lot going on in the household now (we're trying to get a new house prepared so we can move in).

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
AFAM111  A+
MANT 11 1A+
APOL 11 1A+
AXYS 11 1A+
CELG1 1 1A
AMED 11 1A
RMD 11 1A
CAI 11 1A
COCO 11 1A
BCR 11 1A
VIVO 11 1A
GWR 11 1A-


BCR is new on the core list. C. R. Bard designs, manufactures, packages, and sells medical, surgical, diagnostic, and patient care devices worldwide. Its specialties are vascular, urology, and oncology.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
AMED10 
CELG8Earn 29-Jan
ARO6Earn 3-Dec
EZPW6 
PRGO6 
MANT6 
AFAM6 
FLIR5 
AXYS5 
BCR5 

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has remains at a negative two inflation stars ("deflation"). The S&P 500 Price/Earnings ratio briefly dropped below 17, but has since risen above it. I think this is because different companies on the S&P are dropping in their earnings forecast.

Have fun trading this week. I'm spending nights and weekends at the new house... so many things to do.

Wednesday, November 26, 2008

Stocks for the week of Nov 17

These are the stocks that are passing at least three of my five filters, for the week of November 17. This will be a shortened blog entry because there's a lot going on in the household now.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
ALTR 11 1A
AMED 11 1A
CELG1 1 1A
RMD 11 1A
AFAM111  A+
APOL 11 1A+
AXYS 11 1A+
BCR 11 1A+
CAI 11 1A+
COCO 11 1A+
MANT 11 1A+


URBN and WAB have been removed from the core list.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
AMED10 
ARO8Earn 3-Dec
EZPW8 
CELG8 
FLIR7 
PRGO7 
MANT6 
OSIP5 
AXYS5 

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has remains at a negative two inflation stars ("deflation").

I am going to cut this short because it is about 10 days late, and another entry will be on its heels.

Tuesday, November 11, 2008

Stocks for the week of Nov 10

These are the stocks that are passing at least three of my five filters, for the week of November 10. There was one IBD Supply/Demand stocks this week: AFAM.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
AFAM1 11 A+
CELG1 1 1A+
FLIR1 1 1A+
PRGO 11 1A+
AMED 11 1A+
MANT 11 1A+
CLHB 11 1A+
APOL 11 1A+
BCR 11 1A+
AXYS 11 1A+
EZPW111  A
GWR 11 1A
CAI 11 1A-


There are no stocks added to our dropped off the core list this week.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
AMED10 
ARO9Earn 3-Dec
EZPW9 
FLIR8 
CELG8 
PRGO7 
OSIP6 
MANT6 
URBN5Earn 13-Nov
WAB5 
AXYS5 

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has remains at a negative two inflation stars ("deflation").

Last week, I said that the S&P had overhead resistance at 1050. It hit 1006 on Election Day and then turned south. I just wish I had followed my own advice and sold that 1000/1050 bearish call.

Have fun trading this week.

Monday, November 3, 2008

These are the stocks that are passing at least three of my five filters, for the week of November 3. There were no IBD Supply/Demand stocks this week. There were only three IBD top-ranked stocks.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
CELG1 1 1A+
EZPW111  A+
PRGO 11 1A+
AMED 11 1A+
BCR 11 1A+
AXYS 11 1A+
ARO 11 1A
JOSB 11 1A
CLHB 11 1A
GWR 11 1A
MATK 11 1A
CSX 11 1A-
BIG 11 1A-


VMI is off the core list.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
ARO10Earn 3-Dec
EZPW9Earn 6-Nov
AMED9Earn 28-Oct
FLIR8 
CELG8 
URBN6Earn 13-Nov
WAB6 
OSIP6 
PRGO6Earn 6-Nov
AXYS5 
MANT5Earn 29-Oct

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has remains at a negative two inflation stars ("deflation").

The markets showed a remarkable turnaround last week. After a quick gander at the charts, it looks like the NASDAQ has bounced off of 1500 and is approaching a gap at 1900. The big question would be whether it can rise above that gap. My thinking is that it will test it but will have difficulty penetrating it.

The S&P has shown a similar bounce off of 850, to close at 968.75 last Friday. However, it does not have the gap corresponding to the Nasdaq. Instead, it looks like overhead resistance at 1050.

I am still waiting to see what the markets will do. With volatility at extreme highs (above 80 last week), it would seem to make sense to sell calls (and buy further-out calls for protection). Before the market open on Monday, an S&P SPX Dec 1000/1050 bearish call spread will sell for $1915, with a risk of $3085. This would stand to profit if the SPX ends up at or below 1000 by Dec 19 or if the volatility falls. The bear spread I'm describing is not for everybody, but it would make money if things don't go up much, if they stay where they are, or if they fall.

Have fun trading this week.