5/17 Scan

Very few signals in the scan today. I won't do individual write-ups until I've competed my re-evaluation of my methods for analyzing stocks. Nor will I add anything to the Watchlist.

See the posting "What Next?" from Sunday for a discussion of Friday's carnage.

Today's scan.

Parabolic sar switches to bull phase:

• Moves on news: DBTV, PCS, PPL and PTV.
• Insufficient trend: SQNM and UNH.

Parablic sar switches to bear phase:

• In line with a strong trend: GLD, KG and NVDA (under my old rules these would go on the Watchlist)
• Moves on news: JPM and V (lower credit card defaults in both cases)
• Counter-trend: CA and IAG