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Friday, April 9, 2010

4/9 Morningline: Holdings

Among my holdings . . .

PALM, amid talk that Lenovo might by the company out, rose sharply again today, and the Parabolic SAR changed to bull phase. I own PALM shares as a remnant of a covered call gone bad. There is a cautionary tale hidden in there somewhere.

MCO has moved decisively below the strike price of the April covered call I sold. If it stays there, then at expiration after trading on March 18, the call option will disappear and I'll get to keep the shares. An optimal outcome.

Stalking the Black Swan: Research and Decision Making in a World of Extreme Volatility
Market analyst Kenneth Posner creates a new framework for managing extreme risk based on lessons learned in the recent collapse of capitalist finance.


BBY's technicals are starting to deteriorate a bit. It's a May bull call spread.
trendadxpsarppsmacdmacd
trend
stosto
trend
AOD $9.18
BBY $44.34
JNK $39.45
MCO $28.69
NLY $17.24
PALM $5.06
At 10:30 a.m. Eastern

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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