4/12 Watchlist: Stocks

The stocks Watchlist. No one voted off the island. Also, no additions (except for PALM in the "stocks of interest" section).

Also, still no bear signals. What's with that?


Stocks that showed Parabolic SAR bull signals:

• ANF, analysis. Opened at a new high and then pulled back sharply. If there's additional pullback on Tuesday then I'll ANF gets voted off the island.
• * BBY, analysis.  
• KRE, analysis.
• SPY, analysis.
• XLE, analysis.
• XLF, analysis.
• XRT, analysis. In a pause pattern, with some technical deterioration in the macd. But it's still short of the nearest reversal level.

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Stocks showing a Parabolic SAR bear signal: None.

Stocks of interest (I wouldn't necessarily trade them):

• CUT, analysis. Pausing with a huge decrease in volume.
• FNM, analysis. Broke out of the pennant pattern with a sharp rise. New pattern is possibly an ascending triangle, or maybe just an uptrend.
• * PALM, analysis. Sharp increase. This stock is driven almost entirely on buyout speculation.

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