Here is the list for the week of August 25. These are the stocks that are passing at least three of my five filters.
|Symbol||Top Ranked||Zacks||PEG||SuppDem||VL||IBD Stock checkup|
CSX and KWK are off the core list. (And I so liked trains, but it looks like CSX and Wabtec are trading places.)
Core list (with n of 10 weeks passing):
|moving down this week|
|moving up this week|
|new this week|
My friend, Patrick, stumbled on this blog, and asked me that great question: why? Great question. Since he's a writer, I answered his question in terms of voice and audience. I am writing this blog because the act of writing helps me channel and direct the conflicting thoughts that I have about the markets. Also, Karen thought that the discipline of a blog would help me keep on a regular schedule of publishing these filters. (It has done so.) I also use the blog to take a position, take responsibility for the position, and admit when I have made a mistake. I believe that recognizing one's mistakes is one of the essential qualities of a successful trader. (And by the way, have a great school year teaching AP Literature, Patrick.)There's also the possibility that a handful of you are using the core list and finding it useful. I believe that the core list will provide a handful of stocks that will tend to go up in the short-term (say, twenty to sixty days), when combined with your market brain (that is, your beliefs, skills, and timing). That's a good thing.
Darn, I missed I.O.U.S.A last week. Maybe it'll come back to the movie theaters, or maybe I'll have to wait for the DVD. Josiah and I moved a half-ton of solar panels and equipment, and my main thought was to sitting down when I got home, not going out to the movies.The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has remains at a negative two-and-a-half an inflation star ("deflation"), because the CRB, the XLB, and gold all moved under their 6-month historical value. I had to reset my Excel formula because the "deflation" is the lowest it gets. (Now I have a "deflation 2" and a "deflation 3," but it's all deflationary.)
Enjoy your trading this week.