I own PALM as the remnant of a covered call gone bad. A buyout at a premium is my one chance to recoup some of the loss. Happily, the position is in shares, not options, so I can afford to be patient.
My bull position in BBY is playing out nicely with a 2.4% rise above yesterday's close.
Dividend play NLY, which has been on a long and deep slide, is showing a parabolic sar bull signal.
Otherwise, there's little of note in the portfolio.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| AOD $9.18 div | ||||||||
| BBY $48.23 bull | ||||||||
| EEM $42.86 bear | ||||||||
| GE $19.00 bull | ||||||||
| JNK $40.00 div | ||||||||
| MCO $25.99 bull | ||||||||
| NLY $17.11 div | ||||||||
| PALM $5.07 | ||||||||
| QQQQ $50.29 |
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
Exchange-Traded Fund Symbols:
EEM - emerging markets
EUR/USD - euro/dollar currency pair
GLD - gold
JNK - high-yield corporate bonds
SPY - blue-chip stocks
TLT - Treasury long-term bonds
USD/JPY - dollar/yen currency pair
USO - crude oil
VIX - fear index
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.
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