Our weekly list continues to strengthen. Here are the stocks that passed 3 filters or more. Of note is that IBD no longer has Black Bars, starting on Tuesday, Feb 12. Instead, they have 33 industries and list the top ranked for some of those industries. Those have become my new "Black Bar" filter. Although the list is shorter, they do correspond more closely with many of the strong technical and fundamental stocks that I have been filtering for.
|Symbol||Top Ranked||Zacks||PEG||SuppDem||VL||IBD Stock checkup|
I added a new stock, Potash (POT), a Saskatchewan-based producer of fertilizers and related industrial and feed products.Core list (with n of 10 weeks passing):
It seems that the markets were not soothed by the Fed's talk of lower interest rates; Valentine's Day was a good day for lovers but a bad day for the markets.
We had a family portfolio meeting, our first, on Wednesday. We decided how much each of us parents (and our two teenagers) wanted to devote to a core portfolio, and how much to a spice portfolio. Generally, the splits were around 60% core and 40% spice. We decided to add some gold and energy stocks to the mix, as these should hold up well. Both gold and energy are in limited amounts in the ground, and will be resistant to the Fed's printing presses.
Trade defensively, and trade well!