Here are the weekly stocks the passed three or more of my five filters. BUCY, RIG, and RIMM have passed all five. IBD is also listing RIG as having broken out of a cup-and-handle (a good thing).
|Symbol||Top Ranked||Zacks||PEG||SuppDem||VL||IBD Stock checkup|
MA and TNE are off the core list, but I welcome NOV and WMB back on the list. (These two have been off the list for only three and four weeks, respectively.)Core list (with n of 10 weeks passing):
|moving down this week|
|moving up this week|
|new this week|
Henry and I are discussing whether the DJIA is putting in a bottom or is in the midst of a sucker's rally. I don't know, but I I am gingerly holding on to my bearish bias. What do you think? Do you see higher lows and higher highs (bullish)? Or lower lows and lower lows (bearish)? Or some indefinitive combination of the two? I'll let you decide for yourself. Henry, if it's any consolation, IBD is siding with you: "Market in confirmed rally." As for me, I know that the news reports can misinterpret or lie, while the charts always portray what has happened and gives a fair guess as to what may happen.
I visited my mom in Silver Spring, MD. She celebrated her birthday last Saturday. I also helped her and dad decide on a new (used) car: a Toyota Camry. It did well on Consumer Report's "Best Used Cars under $20000" list. It also did well on crash tests, possibly because of the side air bags.
We went to Carmax first, and then Enterprise Car Sales. The former helped us narrow down which models were of interest. The latter offered a better price. It was interesting to walk into the Enterprise Car Sales and say exactly what we wanted: A Toyota Camry, last year or two, fewer than 20,000 miles, and the LE trim package. All the salesman had to do was to check his database. He brought up a car from Fairfax the next morning.
My best wishes for good trading this week.