Holdings:
- UNG was discussed in the previous post.
- GE remains in a price stall, with no pps signal and with an mfi tweaking downward.
High-volume ETFs:
- No new signals.
- The mfi for GLD has moved into overbought territory, so a pps signal would make it possible bear trade.
High-volume company shares with $1 intervals between options strike prices:
- S shows a pps buy signal, but I'll most likely pass. It's on news of a legal settlement, and I have an aversion to buying into news, since the stock has already made its move.
- AXP, SBUX: The mfi has moved into overbought territory, and a pps bear signal would make it a possible trade. Same, almost, with DOW--the mfi was 0.16 shy of reaching the overbought line when it reversed.
Indicators:
- SPY, GLD, VIX, TLT, EUR/USD, USD/JPY: No change from the 11/18 Morningline.
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