Here are the weekly stocks the passed three or more of my five filters.
For my friends who live in or near Charlotte, I will be presenting at the AAII Charlotte meeting this coming Saturday, April 12, at 10 A.M. You may find out more about the time and place at this AAII page.
|Symbol||Top Ranked||Zacks||PEG||SuppDem||VL||IBD Stock checkup|
Murphy Oil (MUR) is new on the core list. The company explores, produces and refines oil and gas. (Do you think there's a pattern in companies coming onto the core list?)Core list (with n of 10 weeks passing):
|moving down this week|
|moving up this week|
|new this week|
A fairly positive week, almost enough to get me out of my bearish hibernation. Almost. IBD is declaring that we are in a market rally now, with the Dow dancing about 12,800. We're not that far, either in time or distance (Jan 2008 and 11,600) from our previous low that was retested only a few weeks ago. The Dow and Nasdaq are approaching previous resistance levels, and the bulls are itching for it to push through those levels.
Let's wait and see. In the mean time, I am doing much better in commodities than in this choppy stock market. My best success in the latter was being exercised my naked CLB puts and being put the shares last December at 120. Now that CLB has pushed through its upper Bollinger Band, I am selling covered calls on it. (Let's try to keep Mr. Market happy, and buy when he's miserable and sell to him when he's elated.)