- Bull plays:
- ORCL, XOM drop into neutrality.
- VAR to bull phase.
- Bear plays:
- JNJ falls from bull phase to neutrality.
- M turns neutral on signal divergence.
- MNKD to bear phase.
- T to bull phase.
- Diversification plays:
- Russia to bear phase (RSX).
- Wounded birds:
- NLY falls from bull phase to neutral on a downward gap following pricing of a public offering.
The Watchlist: Stocks that I’m watching for a variety of reasons. The sections are bull plays, bear plays, diversification, wounded birds and zombies.
See the listings key near the end of this posting for an explanation of the listings.
Seen the Earnings Calendar on the menu bar for the latest on when stocks on the Watchlist will announce.
My holdings are marked with an asterisk (*).
Analysis is based on the market close.
|GE||transnat, price channel|
|MCO||covered call base|
|MU||price channel, holding|
|SBUX||holding (seeking exit)|
All bear plays appear because of price channel analysis.
|FNMA||crazy penny stock speculation|
About the categories:
- Bull plays: I think these are more likely to rise than fall.
- Bear plays: I think these are more likely to fall than rise.
- Diversification plays: These don’t closely track the U.S. markets or are based on currencies other than the U.S. dollar.
- Wounded birds: Stocks I find fascinating but they each have an apparently fatal flaw.
- Zombies: These are failed leftovers from what seemed to be good ideas at the time. They stalk the Watchlist like zombies, tying up resources and frightening small children.
- pfe - Location of the polarized fractal efficiency line.
- pps - Person's Proprietary Signal mode.
- trend - Trend of the polarized fractal efficiency line.
Key to the PPS/PFE tables
|pfe||+100 and above|
|+50 to below 100|
|0 to below +50|
|below 0 to above -50|
|-50 to above -100|
More on the PFE/PPS analysis
Read a detailed explanation of the analytical tools and how they’re used, including trading rules.
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.