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Wednesday, April 7, 2010

4/7 Morningline: Holdings

Prices are moving more my way among my holdings. This is a good thing.

In my dividend plays, AOD continues a modest price rise will bull signals in place.


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trendadxpsarppsmacdmacd
trend
stosto
trend
AOD $9.21
HPQ $53.69
JNK $39.49
MCO $29.89
NLY $17.41
PALM $4.19
At 10:37 a.m. Eastern

NLY pushes up a bit, bouncing off of $17.43. If it can exceed that price and start treating it as support, then I'll take a new uptrend as a fact.

JNK is looking a bit bearish on the indicators but the price has paused after three trading days of decline.

My April covered call, MCO, is up to nearly $1 above the $29 strike price. It's a profitable position whether exercised or not. A win-win deal, my favorite kind.

PALM, a zombie left over from a covered call gone bad, is trading up a bit and actually showing a bull signal on the Person's Proprietary Signal, with both the macd and the stochastic in bull mode. The Parabolic SAR is the last bastion of bearishness.

HPQ, a May bull call spread, has paused, and the macd and stochastic are weakening.

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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