- Dividend play NLY and zombie shares MCO have stopped falling for the moment.
- Takeover candidate PALM is in the third day of a sharp decline.
- May options bear position EEM ticked up at the open, counter to my strategy.
- May options bull position GE is up again after a brief walk to the downside.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| AOD $9.26 | ||||||||
| BBY $45.04 | ||||||||
| EEM $42.50 | ||||||||
| GE $19.10 | ||||||||
| JNK $39.97 | ||||||||
| MCO $27.14 | ||||||||
| NLY $16.92 | ||||||||
| PALM $4.73 |
Technical analyst Martin Pring reveals the secrets of the craft. No trader should be without this book.
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.
New to private trading? Here's a look at How to Become a Private Trader.
No comments:
Post a Comment