Monday, March 29, 2010

3/29 Unanalyzed

Aside from DWA, which I wrote about separately, there were 10 corporate stocks and exchange-traded funds that showed signals but didn't make the cut under my rules.

Here's the list of what and why:

  • EWJ, bull, low adx (18)
  • SLV, bull, low adx (15); although there's a very nice gap up
  • EWS, bull, low adx (14); also a sharp gap up
  • Q, bear, counter-trend, earnings near (5/5)
  • RIMM, bull, earnings near (3/31)
  • APOL, bull, earnings announcement, marginal adx (20)
  • TLB, bull, moved on news that a warrants-for-shares swap offer had been extended, marginal adx (22), earnings near (4/13)
  • UNH, bear, low adx (9), earnings near (4/20)
  • EWA, bull, low adx (17)

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

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