Thursday, April 15, 2010

4/15 Morningline: Holdings

My dividend plays -- AOD, JNK, NLY -- are trading in range today.  My May bull plays -- BBY and GE -- continue to rise. My May bear play -- EEM -- disappoints.

My April covered call -- MCO -- has moved back above the $29 strike price. Friday is the last day of trading, and then the option is either exercised, and my shares are pulled away, or the option disappears in a puff of dust, like a vampire slain by Buffy.

Zombie shares PALM, drooling and quivering, are marching in place.

Buy--DON'T Hold: Investing with ETFs Using Relative Strength to Increase Returns with Less Risk

Financial consultant Leslie Masonson describes a strategy for actively trading exchange-traded funds.


trendadxpsarppsmacdmacd
trend
stosto
trend
AOD $9.27
BBY $45.90
EEM $43.88
GE $19.51
JNK $39.91
MCO $29.21
NLY $17.39
PALM $5.53
At 10:15 a.m. Eastern

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


About the glance: The colors indicate the state of each signal.

  • trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
  • adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
  • psar, pps, macd: green for bull mode, red for bear
  • sto: green for overbought, red for oversold, yellow for the neutral zone.


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