| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| BBY $46.55 bull | ||||||||
| CIEN$17.94 bull | ||||||||
| GE $18.79 bull | ||||||||
| JNK $39.83 | ||||||||
| MCO $25.40 bull | ||||||||
| NLY $16.94 div | ||||||||
| PALM $4.66 bull | ||||||||
| QQQQ $49.22 bull |
So, the question is the same as I posed earlier today: Is a signal inspired by news valid? When I scan for new trades, I treat such signals as invalid, because the news was priced into the stock either prior to or upon the announcement.
How should that work with existing holdings?
At this point, I'm not going to panic out, but will wait and see. I've structured all of my options directional plays so that they can be adjusted easily to a lower basis.
My share holdings, such as MCO, NLY and PALM, are already trashed and have no expiration date, so holding them won't be a problem.
JNK, a dividend play, goes ex-dividend on Monday, so my inclination is to hold it, even though it moved into bear phase yesterday.
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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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