4/22 Morningline: Holdings

Among my holdings, the parabolic sar on GE has moved into bear phase. This is a clear signal to adjust or close the position, a bull call spread that expires in May.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
AOD $9.15 div
BBY $45.89 bull
EEM $42.12 bear
GE $18.86 bull
JNK $39.97 div
MCO $25.73 bull
NLY $17.06 div
PALM $4.77
QQQQ $49.50

At 10:20 a.m. Eastern

The nice thing about debit bull call spreads is that they can be mitigated -- unlike their credit counterpart bull put spreads -- and I'll look at that later in the day.

The QQQQ position I opened yesterday is trading this morning 1% below yesterday's close. The psar signal is still bullish, and that signal is with the trend.

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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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