Unanalyzed

The signal today that I'm picking up in my scan are very broadly based. So, for the general stock indexes, I've rolled QQQQ, IWF and IWM into my SPY analysis. And I've placed two bank index, KBE and BKX, into my XLF analysis.

Here's a list of the issues screened that I chose not to analyze, and why:

• MF, bull, news of a new CEO.
• EWJ, bull, low adx (18).
• XLB, bull, low adx (17).
• XHB, bull, low adx (17).
• ADBE, bull, earnings announcement.
• BAC, bull, news of executive changes and low adx (14).
• FITB, bull, low adx (23) and too close to earnings (4/22).
• GENZ, bear, FDA enforcement announcement and borderline adx (28).
• IPG, bear, wonderful adx (40) but a triple whipsaw in three consecutive days? Please! Also, earnings is too close, on 4.28. But mainly, IPG illustrates how a trader can't blindly follow the adx (or any other analytical tool). Lesson the day: Thimk!
• JBL, bear, earnings annnounced, borderline adx (29).
• LEN, bull, earnings announced, low adx (13).
• PMCS, bear, low adx (17), earnings too close (4/22).
• RF, bull, earnings too close (4/20)
• SONC, bear, earnings announced.

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic