Wednesday, July 8, 2009

Stocks for July 6

Here are the stocks that are passing at least three of my five filters for the week of Jul 6.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
ARO 11 199
FUQI111  99
GMCR1 1 199
HMSY111  99
BWLD 11 198
NFLX 11 197
TXRH 11 197
BKE11  196
APSG 11 194
RIMM 11 193
DBRN 11 190

There are no new stocks or dropped stocks in this week's core list.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
ARO10Earn 20-Aug
BWLD9Earn 27-Jul
GMCR9Earn 29-Jul
IBM8Earn 16-Jul
CMG7Earn 22-Jul
HMSY7Earn 31-Jul

moving down this week
moving up this week
new this week

Stocks remian in Red Light mode according to the 1-2-3 model. This means that it is best to convert any long positions to cash. It would behoove you learn how to go short. The Inflation Model has worsened to three stars ("inflation danger").

I am surprised that the S&P P/E index from Barrons, which uses the trailing 12 months, would see as much volatility as it is experiencing. It jumped up to 50, while last week it was at 35, and a month ago is was at 15. I am not even sure how an indicator like this one can triple. Any ideas?

Stocks continue to flash warning signals, so please approach any purchases with caution. The local Charlotte AAII will be discussing short sales on Saturday, which might be timely.

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