Wednesday, April 21, 2010

4/21 Morningline: Holdings

Dividend play AOD has moved into bull phase again on the parabolic sar, after three days in bear phase.

AOD goes ex-div on April 23, which should cause a 12¢ price decline. So any rise today and tomorrow will provide a welcome offset.

trendadxpsarppsmacdmacd
trend
stosto
trend
AOD $9.32 div
BBY $45.71 bull
EEM $42.49 bear
GE $19.03 bull
JNK $40.15 div
MCO $26.61 bull
NLY $17.17 div
PALM $4.94

Zombie shares MCO took a big hit on the earnings announcement. They were the basis for an April covered call with a strike price of $29. The call expired unexercised, and the stocks is now trading nearly 9% below the strike.

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In order for me to profit from this stock with another covered call, the price needs to move  up to near $29, and even better, to near $30.

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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