2/24 Watchlist

Very little movement of the indicators after the two 10 a.m. Eastern events, Bernanke's testimony on the Hill and the new home sales report.

Blue chip stocks (SPY) are contained within yesterday's trading range. Treasury 20- and 30-year bonds (TLT) have dropped back to within the upper reaches of yesterday's range.

Only oil (USO) is on the move, rising to 0.8% above yesterday's close and traversing 2.1% today, low to high. The weekly petroleum inventory report came out at 10:30 a.m.

Here's a rundown of my current Watchlist: Macd bull signal: AOD, analysis. No price move yet. BSX, analysis. Trading within 0.1% of the open, a very narrow range. F, analysis. Remains where it was this morning, trading within 0.2% of the open. WFC, Analysis. Trading within yesterday's range after moving down sharply. Money-flow index overbought: AKS, analysis. A downward move for the second day, into the support area. I'll be removing this stock from the watchlist, as it has made its move. CSCO, analysis. A sharp upward move, entirely earsing Tuesday's sharp decline.

Subtitled "How the World's New Power Brokers Undermine Democracy, Government, and the Free Market"

• POT, analysis. A further downward move into support. No retracement to give me a buying opportunity. I'll remove POT from the Watchlist.
• SBUX, analysis. Retraced to above Tuesday's range. The Tuesday declnie barely brushed the top of support, so arguably the downward move could be complete, but the mfi is still high in the neutral zone.
• SMH, analyses 1, 2. Retraced Tuesday's decline
• TXN, analyses 1, 2. Retraced Tuesday's decline.

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Topics:
S&P 500, SPDR, Spiders, Treasury bonds, high-yield corporate junk bonds, AK Steel, Alpine Total Dynamic Dividend fund, Boston Scientific medical devices health, Cisco networking, Ford Motor automotive, Gannett newspapers media, Potash Corp. of Saskatchewan, Starbucks coffee, Semiconductor HOLDR, Texas Instruments semiconductors, Wells Fargo bank financial.