That was one rough week! Here are the stocks from the weekly list that passed at least three filters.
| Symbol | BB | Zacks | PEG | SuppDem | VL | IBD Stock checkup |
| ESRX | 1 | 1 | 1 | 1 | A+ | |
| NOV | 1 | 1 | 1 | 1 | A+ | |
| FLS | 1 | 1 | 1 | 1 | A | |
| GME | 1 | 1 | 1 | 1 | A | |
| LIFC | 1 | 1 | 2 | 1 | A | |
| SPWR | 1 | 1 | 1 | 1 | A | |
| NOK | 1 | 1 | 1 | 1 | A- | |
| BIDU | 1 | 1 | 2 | A+ | ||
| CF | 1 | 1 | 1 | A+ | ||
| CLB | 1 | 1 | 1 | A+ | ||
| DE | 1 | 1 | 1 | A+ | ||
| MA | 1 | 1 | 1 | A+ | ||
| MOS | 1 | 1 | 1 | A+ | ||
| NDAQ | 1 | 1 | 1 | A+ | ||
| ORCL | 1 | 1 | 1 | A+ | ||
| POT | 1 | 1 | 1 | A+ | ||
| SWN | 1 | 2 | 1 | A+ | ||
| VIP | 1 | 1 | 1 | A+ | ||
| AAPL | 1 | 2 | 1 | A | ||
| ACO | 1 | 1 | 1 | A | ||
| AG | 1 | 1 | 1 | A | ||
| AMTD | 1 | 1 | 1 | A | ||
| AMZN | 1 | 1 | 1 | A | ||
| ARTC | 1 | 2 | 1 | A | ||
| CNH | 1 | 1 | 1 | A | ||
| ESV | 1 | 1 | 1 | A | ||
| GOOG | 1 | 1 | 1 | A | ||
| ISRG | 1 | 1 | 1 | A | ||
| JASO | 1 | 1 | 2 | A | ||
| MATK | 1 | 1 | 1 | A | ||
| PCLN | 1 | 1 | 1 | A | ||
| PCP | 1 | 1 | 1 | A- | ||
| RIMM | 1 | 1 | 1 | A- | ||
| WFR | 1 | 1 | 1 | A- | ||
| WMB | 1 | 2 | 1 | A- |
This week, we see the departure of DO and TISI from the core list. CF Industries (CF) distributes fertilizers, such as ammonium nitrate and various nitrogen fertilizers. As a side note, it is interesting how many agriculture stocks have gotten on the core list of late. Could this be a fallout from ethanol manufacture?
Core list (with n of 10 weeks passing):| Symbol | Passing weeks | Earnings |
| AAPL | 10 | |
| ESRX | 10 | |
| GOOG | 10 | |
| ISRG | 10 | |
| LIFC | 10 | |
| MOS | 10 | |
| NDAQ | 10 | |
| NOK | 10 | |
| NOV | 10 | |
| PCLN | 10 | |
| PCP | 10 | |
| VIP | 10 | |
| BOOM | 9 | |
| FLS | 9 | |
| CLB | 8 | |
| CNH | 8 | |
| GME | 8 | |
| RIMM | 8 | |
| SPWR | 8 | |
| ACO | 8 | |
| SLB | 7 | |
| VMI | 7 | Div 14-Jan |
| BGC | 7 | |
| OTEX | 7 | |
| PSEM | 7 | |
| AMZN | 7 | Earn 30-Jan |
| KCI | 6 | |
| SYNA | 6 | |
| FTI | 6 | |
| LOGI | 6 | Earn 17-Jan |
| SXE | 6 | |
| AG | 6 | |
| DE | 6 | Div 31-Jan |
| JASO | 6 | Split 8-Feb |
| CF | 5 | |
I am almost finished with one of my Christmas gifts, Financial Reckoning Day: Surviving the Soft Depression of the 21st Century by William Bonner with Addison Wiggin. The thesis of the book is:
- The Fed can't fix every problem in the economy
- We have spent ourselves deeply into debt, both fiscally and personally,
- The population is getting older and will stop spending like drunken sailors,
- In the past, this has caused protected recessions (as recently as Japan a couple of years ago).
The scenario I described is unfolding: the Nasdaq and Dow are making a double bottom at their lows from last summer. There will be a possible penetration of these lows, a possible sucker's rally of 200-400 Dow points, and then a fall in earnest. Stay sharp and be willing to cut losses, hold cash, or go short.
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