5/13 Watchlist: Stocks

Four stocks added to the bull signal list. No exits. Many pullbacks while remaining within Wednesday's trading range.

Stocks that showed Parabolic SAR . . .

Bull signals:

• ARM, 5/11. Hit a swing high and then pulled back sharply while remaining within Wednesday's range.
• BBT, 5/11.
• BBY, 5/11. A sharp pullback after touching the 20-day moving average.
• * CIEN, 4/26.
• CVX, 5/3.
• EBAY, 5/13. New today.
• F, 5/13. New today.
• GCI, 5/12.
• INTC, 5/12.
• IYR, 5/12.
• * JNK, 5/13. New today. 
• NFLX, 5/13. New today.
• PCAR, 4/23.
• QQQQ, 5/11.
• SPY, 5/12. 
• * UNP, 4/29.
• XLE, 4/17. I pegged this as a $56 to $60 May iron condor. It's trading within the profitable range.
• XLI, 5/3. Up 5.3%

Bear signals:

• ABT, 5/6. Up 1.6%.

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

• FNM,  4/13, 4/23. Agnostic. Trading within  range.

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The Investor's Guide to Active Asset Allocation: Using Technical Analysis and ETFs to Trade the Markets

Martin Pring's detailed deconstruction of the economic cycle: What sorts stocks to look for at each stage of the recovery. A masterful analysis.

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Skynet Panic of May 6
Panic Looks Like This
Skynet Panic Poisons Technical Tools

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