2/19 Watchlist

Blue-chip stocks (SPY) continues to bump against the $111.30 level, in a region of resistance dating back to November 2009. The money flow index is pointing toward the oversold level, the macd continues to move higher into bull territory, and volatility continues to decline.

Altogether, SPY has risen 6.7% in nine days.

Treasury long-term bonds (TLT) are trading narrowly at the upper end of the range set yesterday.

Among holdings, CVS has moved above the zone of maximum profit for my iron condor, which trades for the last time today before expiring. The position is still profitable, but the move has cost about 31 cents a share in profit. Selling the position earlier in the week would have cost me about the same, so it's a wash. The other February holdings will end as described in the Morningline. My scans earlier today found these stocks of note, which were analyzed separately: Money flow index overbought: AKS, analysis CSCO, analysis SMH, analysis TXN, analysis Macd bull: AOD, analysis

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Topics:
S&P 500, SPDR, Spiders, Treasury bonds, AK Steel Holding, Alpine Total Dynamic Dividend fund, Cisco Systems networking, Semicondcutor HOLDRS, Texas Instruments.