Monday, February 23, 2009

Stocks for the week of Feb 23

Here are the stocks that are passing at least three of my five filters, for the week of Feb 23. There are no stocks that are passing four of five filters, so the ones that you see here have passed (the minimum) of three.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
APOL 11 199
ESI  11199
CELG 11 198
RMD 11 198
CPSI 11 197
PNRA 11 197
BCR 11 196
COCO 11 196
CAI 11 194
CNQR 11 186


VIVO has fallen off the core list, but AIR is appearing for the first time. AAR Corp is a member of the S&P Small Cap 600, and provides products and services for aircraft fleet operators, original equipment manufacturers, independent service providers, and the military.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
BCR10 
COCO10 
MANT9Earn 25-Feb
CAI8 
CELG6 
AMED5 
APOL5 
AIR5 

moving down this week
moving up this week
new this week

The S&P 500 has dropped to previous lows, and is now in a cautious Yellow Red Light mode according to the 1-2-3 model. (The S&P P/E ratio has moved from 23.08 to 10.54 in a week, which is extremely suspect in mind. But that is what is being reported at http://online.barrons.com/mdc/public/page/9_3021-peyield.html.) The Inflation Model has moved to the neutral mark, at zero inflation stars.

It seems to me that Mr. Market is skeptical that the new stimulus package is going to have its intended effect. I hope to remain cautiously optimistic.

Have fun trading this week.

Thursday, February 19, 2009

Stocks for the week of Feb 16

Here are the stocks that are passing at least three of my five filters, for the week of Feb 16. There are no stocks that are passing four of five filters. I am now using the Investors.com beta version, which has changed the IBD Rank from a letter grade (A+, A, A-, etc.) to a numerical grade (1 to 99). My fifth filter, going forward, will be that a stock is rated at 80 or above, which I believe will be the top quintile.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
AMED 11 199
APOL 11 199
ESI  11199
CELG 11 198
COCO 11 198
MANT 11 198
CPSI 11 197
PNRA 11 197
RMD 11 197
BCR 11 196
AIR 11 195
CAI 11 194
CNQR 11 187


AFAM has dropped off the core list.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
BCR10 
COCO10 
MANT10Earn 25-Feb
CAI8 
AMED6 
CELG6 
VIVO5 
APOL5 

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model remins at a slightly inflationary stance, and is now at modestly inflationary at a positive one half inflation star ("decreasing inflation"). Interestingly, some of the economic headlines are indicating that wholesale inflation has taken a huge jump, which is not surprising given the volume of the givernment printing presses. (Yes, that was an intentional typo.)

People have been asking me, in various ways, how the stock downturn has affected me. (Besides losing a job in the financial sector?) My answer is that the 1-2-3 model gives me an overview of how much to invest in long stocks. My guideline is that while in Red Light mode, I will not invest more in longs than in shorts. That is, if I go long $1000, then I need to also short $1000 (either through stocks or puts). We have been in Red Light since I have begun tracking it in June (with the exception of 6 weeks of Yellow Light.

On a personal note, I was approached by a recruiter for Ab Initio, and they would seem to be the "best software company you've never heard of." They're based in Boston, but would have a lot of work in Charlotte.

Have fun trading this week.

Monday, February 16, 2009

Stocks for the week of 9 Feb

Here are the stocks that are passing at least three of my five filters, for the week of Feb 9.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
BCR 11 1A+
CELG 11 1A+
COCO 11 1A+
CPSI 11 1A+
ESI  111A+
MANT 11 1A+
OTEX 11 1A+
AIR 11 1A
AMED 11 1A
CAI 11 1A


The core list remains the same as last week.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
BCR10 
MANT10Earn 25-Feb
COCO10 
CAI8 
AMED6Earn 17-Feb
CELG6 
VIVO6 
AFAM5 
APOL5 

moving down this week
moving up this week
new this week

The Market remains in Red Light mode according to the 1-2-3 model. The Inflation Model has moved back to a slightly inflationary stance, and is now at modestly inflationary at a positive one half inflation star ("decreasing inflation").

Karen and I took Hannah to Covenant College in Lookout Mountain, GA, just over the Tennessee line. All were quite pleased with the college. Hannah got to stay with a student in the girl's dorm and attend classes the next day. Josh went along for the ride and had pizza for three days in a row in three different states. Almost heaven for a six year old.

Have fun trading this week.

Thursday, February 5, 2009

Stocks for the week of Feb 2

Here are the stocks that are passing at least three of my five filters, for the week of Feb 2.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
BCR 11 1A+
COCO 11 1A+
ESI  111A+
MANT 11 1A+
OTEX 11 1A+
AMED 11 1A
CAI 11 1A
CELG 11 1A
ESRX 11 1A
AIR 11 1A-


The core list remains the same as last week.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
BCR10 
MANT10Earn 25-Feb
COCO10 
CAI8Earn 28-Jan
AFAM6 
APOL6 
AMED6Earn 17-Feb
AXYS5Earn 17-Feb
CELG6 
VIVO6 

moving down this week
moving up this week
new this week

The Market has moved back to Red Light mode according to the 1-2-3 model. The S&P P/E ratio jumped back to 19.4. The Inflation Model has moved back to a slightly inflationary stance, and is now at modestly inflationary at a positive one half inflation star ("decreasing inflation").

I'm one of the 35,000 souls who have been let go by the Bank of America. I wish the Bank well as they try to sell off troubled assets and recover from the excesses of Merril Lynch and their CEO.

I was looking for a job within the Bank writing trading tools for the Front Office. That would be right up my alley! But it looks like that job is indefinitely on hold.

I spoke to a friend, Britt, who is writing condors. Sounds like an excellent strategy when the market is in a trading range even though volatility is high.

Have fun trading this week.