Here are the stocks that are passing at least three of my five filters for the week of April 27.
|Symbol||Top Ranked||Zacks||PEG||SuppDem||VL||IBD Stock checkup|
There are no new stocks for the core list.
Core list (with n of 10 weeks passing):
|moving down this week|
|moving up this week|
|new this week|
The S&P 500 is again in a cautious Yellow Light mode according to the 1-2-3 model. The Inflation Model has jumped to three stars ("inflation danger"), but I am not too worried about this, yet. The XLB had a drop six months ago, for one week, and it may be distorting the numbers a bit.
I got a call from Fidelity... they are taking away my skate key and saying that I need $20,000 when I do any spreads. I argued (cogently and patiently) that these spreads, being covered, have a limited amount that they can lose. Anyway, I liquidated the older spread at the open on Tuesday, and will liquidate the other spread Wednesday morning.
The S&P has oscillated, somewhat violently at times, around 850. While I would make more money if it fell sharply two or three days in a row, I am still intrigued in how they bring in money. The factors that are causing the spreads to fall in value (which I like) are time decay and a lessening of volatility.
Have a good week trading.