Tuesday, May 12, 2009

Stocks for 11 May 2009

Here are the stocks that are passing at least three of my five filters for the week of May 11.

SymbolTop RankedZacks PEG SuppDem VLIBD Stock checkup
ARO 111199
BWLD 11 199
CMG 11 199
GMCR1 1 199
NFLX 11 199
TNDM111  99
IBM 11 186


TNDM is new to the core list. Neutral Tandem links up competitive wireless, wired, and cable telephone companies. It puts them in tandem so that your data or phone call can get from one end of the tin can through the other.

Core list (with n of 10 weeks passing):

SymbolPassing weeks Earnings
PNRA9Earn 28-Jul
COCO6 
HMSY6 
BCR5 
CPSI5 
RMD5Earn 7-May
APOL5 
CAI5 
STRA5 
TNDM5 

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 risen sharply to three stars ("inflation danger"), due to XLB rising above its two- and six-month numbers.

Much to my surprise, the market rose 4.4% last week, an astonishingly strong performance. The question in my mind is whether it is a new trend or a bear market rally. It may have put in a double top, which would make shorting more attractive, but this could be wishful thinking on my part. I think I should like to wait for the Exponential Moving Average on the stocks to turn down.

Have a good week trading.

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