Tuesday, June 16, 2009

Stocks for June 15

Here are the stocks that are passing at least three of my five filters for the week of Jun 15.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
ARO 111199
CMG 11 199
FUQI111  99
GMCR1 1 199
HMSY111  99
NFLX 11 198
TXRH 11 198
APSG 11 197
BWLD 11 197
BKE11  196
TNDM111  96
DBRN 11 193
WMS 11 192
IBM 11 185


There are no new or old stocks for the core list this week.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
ARO9Earn 20-Aug
TNDM9 
HMSY7Earm 31-Jul
PNRA5Earn 28-Jul
NFLX6 
BWLD6Earn 28-Jul
CMG6 
GMCR6Earn 29-Jul
IBM6Earn 16-Jul

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 is down to three stars ("some inflation risk").

I do not understand why, but the S&P PE ratio according to Barrons more than doubled from 15.93 to 36.41. The Barrons data has been discontinuous before, but never had quite so large a jump. That jump above 17 was exactly countered by the S&P crossing over its 45 week average, which kept the indicator at a Yellow Light. All of the Inflation model change is due to XLF climbing above its figure from 6 months ago.

The Dow climbed into positive territory for the year, only to drop back below it on Monday and Tuesday. Oil is continuing to climb to its highest point this year.

Many things are indicating caution.

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