Among my holdings, the LVS January covered call (-c16) continues to show a bear signal, with a small decline in price. Trading remains within yesterday's range.
A bit of a change in today's scan of high-volume stocks. Rather than listing all of the signals and then rejecting those that don't accord with my trend-following style, I'll list only those issues where the signal and the trend match my method. A shorter list.
High-volume stocks of $20 or greater:
- SBUX, bull signal on a 6.5% price rise, within an uptrend
Next, a scan for possible covered calls. We're 28 days from expiration of the January options, so it's prime time for these instruments.