Thursday, March 19, 2009

Stocks for the week of Mar 16

Here are the stocks that are passing at least three of my five filters for the week of Mar 16.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
APOL 11 199
PNRA 11 199
STRA 11 198
CPSI 11 198
CELG 11 198
COCO 11 196
RMD 11 194
ORCL 11 194
BCR 11 191
CAI 11 191


RMD and PNRA are new to the core list. ResMed manufactures equipment for the diagnosis and treatment of sleep apnea and other respiratory disorders. Panera Bread is a chain of cafés that I have frequented and is at a mall near you.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
BCR10 
COCO10 
CAI9 
CELG8 
MANT6 
CPSI6 
AIR5 
APOL5 
ESI5 
PNRA5 
RMD5 

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 moved to a positive half star, indicating decreasing inflation.

I went to a "Changing Times" event sponsored by CPCC and several other employers. There were a lot of gray-haired folks in suits trying to pass out résumés, but I think the emphasis was on the basics: networking, writing a good résumé, starting a business as an entrepreneur. (I really wish they would spend as much time telling you what can go wrong as what could go right. I don't think the answer to entrepreneurship is to take more classes at CPCC and follow your heart, no matter what your friends tell you.)

I'm putting some currency trading models to more scrutiny this week, as I really believe my previous parenthetical statement. Don't tell me how much money this currency trade could make; tell me how much I could lose! TradeStation is bringing up some good models to the forefront that work with a number of different currency pairs. I'm researching the 15 minute timeframe.

It turns out that Interactive Brokers has an API to allow programs like TradeStation to enter orders. NinjaTrader will sell me the whole package for $995, but this is a buy-or-build decision that I will probably lean toward building. I'll let you know as I start on this API.

Have fun trading this week.

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