3/23 Watchlist

The indicators I follow have barely budged since this morning.

Rather than trying to mitigate boredom, I'll go straight to the Watchlist.

Psar bull signal:

(A number of items on  this list were misplaced here in the bull section. I've beared them into their correct category. The labels on the analyses correctly pegged them as bear signals. I feel embarrassed, but it's just a case of, grin and bear it.)

CSCO, analysis. New today. At $26.59. No breakout. DIS, analysis. New today. At $33.96. No breakout. GNW, analysis. New today. No breakout. KFT, analysis. At $30.54, KFT has blown through several reversal levels into an area of congestion set in 2008. This calls for a close watch and a closing of any positions at the first sign of a pause or turnback.  * MGM, analysis. At $12.50, having bumped past the nearest upside reversal. Next nearest upside at $12.67; downside $11.50. In my analysis I pegged this a direction-agnostic iron condor, with maximum profit between $12-$10, or maybe $13-$11. XLE, analysis. At $57.11.  I pegged this as a a $56-$60 iron condor. XRT, analysis. New today. At $41.51, XRT has moved past the nearest higher reversal level. Next highest is $44.77.

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Psar bear signal:

• AAPL, analysis. At $228.35, the price has moved above the next highest reversal level with a new psar bull signal. I'm voting AAPL off the island and declaring this signal to be a FAILURE.
• AUD/NZD, analysis. At 1.289. Next lower reversal at 1.2873. Next upper reversal at 1.3065.
• AUD/USD, analysis. At 0.9177. No breakdown. Next reversal at 0.9095.
• EUR/GBP, analysis. At 0.8976. Next downside reversal point at 0.8750. 
• EUR/USD, analysis. At 1.3506. Next reversal at 1.3450.
• F, analysis. At $13.94, pausing after Monday's big rise. Next lower reversal at $12.75. Next higher at $14.23 and $14.54. I'll watch it for another day but I think it's on the verge of being a failure.
• KBE, analysis. At $25.82. Next lower reversal at $24.78, next higher at $26.13.

(*, above, means I hold a stock or options position in the issue.)

In my holdings:

• MCO, an April covered call with a $29 strike, is trading at $30.25 with bull signals all around.
• MGM, an iron condor with maximum profit expiration between $10 and $12. Trading at $12.52.
• PALM, shares, a zombie past its prime, is staggering down the street at $4.09.

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Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic