Friday, September 24, 2010

LVS Watch

Las Vegas Sands Corp. (LVS) has resumed it's upward course, setting a fresh swing high a day after Person's Proprietary Signal (pps) whipsawed back to bull phase.

trendstosto
zone
ppspsarmacdmacd
trend
ma20ma200
LVS $33.70

There's little more to say that I haven't said before. Bull phase. Good signals. Uptrend. A somewhat OK mix of fundamentals, but LVS is carrying too mucgh debt and the return on equity stinks.

The price is facing blue skies for the near term, but there is massive congestion dating back to 2008 that the stock must overcome.

Pluse, no dividend. Deal. It has been in an uptrend since April 2009, and for me that sort of climb can overcome fundamental doubts, as long as I realize the dangers.

Disclaimer
Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.


No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

Abbreviations:

  • pps - Person's Proprietary Signal.
  • psar - Parabolic Stop and Reverse
  • ma20 - 20-day moving average
  • ma200 - 200-day moving average
  • macd - Moving Average Convergence-Divergence
  • sto - Fast Stochastic


About the glance: The colors indicate the state of each signal.

  • trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways.
  • sto: green for bull, red for bear.
  • sto zone: green for overbought (80+), red for oversold (20-), yellow for neutral zone
  • psar, pps, macd: green for bull mode, red for bear.
  • macd trend: green for rising, yellow for sideways, red for falling.
  • neutral.
  • ma20, ma200: green for above the average by more than 1%, red for below the average by more than 1%, yellow for within 1% either side of the average.

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