Tuesday, September 2, 2008

Stocks for the week of Labor Day

Here is the list for the first week of September. These are the stocks that are passing at least three of my five filters.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
ARO 1111A+
BUCY111 1A+
NOV111 1A+
RIMM111 1A+
FLIR111 1A
ACI 11 1A+
AFAM 111 A+
AXYS 12 1A+
CAM1 1 1A+
CELG1 1 1A+
FSLR111  A+
HAL 11 1A+
POT1 1 1A+
SWN1 1 1A+
URBN 11 1A+
WAB 11 1A+
BTU 11 1A
ESV 11 1A
JOYG 11 1A
MON 11 1A
VMI 11 1A
XLNX 11 1A
EZPW111  A-
FLR 11 1A-
SOHU111  A-


SOHU is new to the core list. Sohu.com might be thought of as the Chinese Yahoo!: it provides a range of online products and services to consumers and businesses in the People's Republic of China. Just don't ask me whether people can post anonymously.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
AXYS10 
ESV10Earn 23-Oct
HAL10Earn 20-Oct
NOV10 
RIMM10Earn 25-Sep
ACI9 
BUCY9 
JOYG9Earn 3-Sep
MON9Earn 8-Oct
XLNX8Earn 15-Oct
ARO8 
FLIR8 
CF7 
MOS7Earn 3-Oct
WAB7 
POT6 
GDI5Earn 22-Oct
RIG5Earn 5-Nov
FLR5 
VMI5Earn 15-Oct
SOHU5 

moving down this week
moving up this week
new this week

My friend, Brad, was looking me up and found this blog. Sorry, Brad. Yes, I lead a double life, secretly picking stocks when no one is looking.

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 stars ("deflation"). How could we be going through deflation? Just take a look at how dollars are getting more valuable through falling oil prices, especially through the eyes of petrodollar owners. The financial and manufacturing sectors have both bounced up.

With the Red Light in mind, I am not trading the core list. Take, for example, the S&P overall Price/Earnings ratio of 25.91. Historically, this is very high. Stocks usually make to the south of 5% a year in this condition. So for now, I am looking for stocks to short. The trucking industry looks pretty ripe for a fall, despite the jump in stock prices (because of a reduction in gas prices).

Enjoy your trading this week.

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