Wednesday, May 20, 2009

Stocks for May 18

Here are the stocks that are passing at least three of my five filters for the week of May 18.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
ARO 11 199
BWLD 11 199
CMG 11 199
GMCR1 1 199
NFLX 11 199
TNDM111  99
TXRH 11 199
IBM 11 188

I welcome ARO back to the core list. There are a bunch of stocks that fell off the core list this week: apol, bcr, cai, cpsi, rmd, and stra.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
PNRA8Earn 28-Jul
ARO5Earn 21-May

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 remains at a dangerous-sounding three stars ("inflation danger"). It is starting to sound ominous.

I am looking at the VIX, as it drops to a high-but-somewhat-normal 33. The VIX, you will recall, is a measure of the anxiety that the markets are exhibiting. It is calculated by using the option premiums of a stock index. Its drop may indicate that the markets are sanguine with the rise and do not anticipate a fall. Of course, for a perpetual bear such as me, it makes sense to buy puts now. Hey, don't listen to me. But you'd better take those newscasters with a grain of salt when they're calling out the end of the bear market.

Have a good week trading.

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