4/9 Watchlist: Stocks

On the Watchlist, a success. In the world of indicators . . .

SPY continues to trade narrowly at the top of yesterday's range.

TLT has also risen to the top of the range and is showing a bull flag from Person's Proprietary Signal, which may or may not prove fleeting; it's a volatile sort of signal, is Mr. Person's.


GLD continues to rise, marking a seventh straight trading day of higher highs and higher lows.

JNK is in the fourth day of a hh/hl pattern.

So altogether, for those of the bullish ilk, it is setting up to be a mildly good day, like the happy buzz I get on the first sunny day of spring. Or from the first pint of hand-crafted bear at my favorite brew-pub.

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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.

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Stocks that showed Parabolic SAR bull signals:

• ANF, analysis. New today.
• * BBY, analysis. The macd weakened.
• KRE, analysis.
• SPY, analysis.
• USO, analysis. Pulled back with a pps bear signal (that may or may not be fleeting). Even so, with a deteriorating macd and stochastic to back the decision, I'm closing the watch on USO. The bull signal was a SUCCESS for a 1.8% increase.
• XLE, analysis.
• XLF, analysis.
• XRT, analysis.

Stocks showing a Parabolic SAR bear signal: None.

Stocks of interest (I wouldn't necessarily trade them):

• CUT, analysis. Bull trend on huge volume increase. New today.
• FNM, analysis. Pennant pattern. Psar bull signal with the price at the top trendline.

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