Monday, April 5, 2010

4/5 Watchlist: Bull Stocks

A change in plan on the Watchlist. I'll be writing about items that have something new, but otherwise, I'll just list them.

Stocks that showed Parabolic SAR bull signals:

Psar bull signal:
  • HPQ, analysis. New today.
  • MGM, analysis. Broke out big time, with a 9.2% rise low to high. Great for a directional play. Sadly, I had played it as an iron condor, and it's no longer profitable. The move was on a news surprise about gaming prospects in Macau. This signal was a directional SUCCESS for a 6.7% gain, although my strategy was flawed.
  • SPY, analysis.
  • USO, analysis.
  • XLE, analysis.
  • XLF, analysis.
  • XRT, analysis.

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