Here's the list for the week of June 30. It will be a shortened trading week because of Independence Day. Please remember that the following list is fast-moving, and that I normally trade stocks on the core list (see below).
|Symbol||Top Ranked||Zacks||PEG||SuppDem||VL||IBD Stock checkup|
DE and WMP are off the core list. VMI is back on the list, having been dropped off the list in February. This week, I this stock to the core list:
Core list (with n of 10 weeks passing):
|moving down this week|
|moving up this week|
|new this week|
I am reading Safe Strategies for Financial Freedom by Van Tharp, D.R. Barton, and Steve Sjuggerud. I own an earlier edition of the book, but got the latest edition from the library. Two of the models that the authors use are 1-2-3 model and the Four-Star Inflation-Deflation Tracker. (The latter was updated on his website to make it less subject to government manipulation; you can read about it at http://www.iitm.com/123-model-update.htm.)
The 1-2-3 model uses three criteria: the P/E of the market (I use the S&P 500), whether the Fed rasied rates in the past 6 months, and whether the market (again, I use the S&P) is above or below its 45 week average). Based on these three, they will flash a Red Light (Sell), Yellow Light (Buy and Hold), and Green Light (Strong Buy). We are currently in Red Light mode.
The Four-Star model uses Four criteria: The CRB index, the Basic Materials Sector (XLB), the London Gold fix, and the Financial Sector (XLF). It compares the 2-month and 6-month differences from today, and scores from -1 (deflationary) to plus 4 (increasing inflation). We are currently at plus 3.5 (inflation danger).
I'll publish these each week, but it's time to be looking for the exits.