Slow Trading: Watchlist

As it is early in the month, the February changes are quite preliminary and are liable to change as the month moves forward.

• ORCL to bull phase, ending six months in neutrality.
• ABT bear phase ends eight month fall through neutrality.
• China to bull phase after staying neutral for 10 (FXI).
• Emerging markets fund returns to bull phase (EWO).

Watchlist analysis from the monthly charts. The listings have been completely revised in order to overlap the price channel analysis, done separately on the daily charts.

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 (*).

Bull plays

	phase		pfe	pps	trend
CHRW
CTSH
CVX
DECK
ENTR
GE*
GOOG*
GRMN
MCO*
MU*
ORCL
PAYX*
SO
VAR
WMT
XLE*
XLP*
XLU
XOM

Bear plays

	phase		pfe	pps	trend
ABT
AMR
CREE
DELL
GPS
JNJ
M
MNKD
MO
T

Diversification plays

	phase		pfe	pps	trend
EPI
EWZ
FXI
RSX
VWO

Wounded birds

	phase		pfe	pps	trend
AROW
FTR
MVO
NLY

Zombies

	phase		pfe	pps	trend
AOD*
FNMA*

Note that FNMA has not been traded long enough for use of the polarized fractal efficiency line on a monthly chart.

 
Listings Key

Bull Plays

sym	why care?
CHRW	legacy earns
CTSH	legacy earns
CVX	div 3.3%
DECK	legacy earns
ENTR	legacy earns
GE	transnat, price channel
GOOG	holding
GRMN	legacy earns
MCO	covered call base
MU	price channel, holding
ORCL	price channel
PAYX	div 3.9%
SBUX	holding (seeking exit)
SO	div 4.8%
VAR	holding
WMT	price channel
XLE	sector rotation
XLP	sector rotation
XLU	price channel
XOM	legacy earns

Bear Plays
All bear plays appear because of price channel analysis.

Diversification

sym	underlying
EPI	India
EWZ	Brazil
FXI	China
RSX	Russia
VWO	Global

Wounded Birds

sym	why care?
AROW	div 4.19%
FTR	div 8.0%
MVO	div 7.0%
NLY	div 15.0%

Zombies

sym	why care?
AOD	div 11.3m%
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.

Table Abbreviations:

• 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

column	color	meaning
phase		bull phase
		bear phase
pfe		+100 and above
		+50 to below 100
		0 to below +50
		below 0 to above -50
		-50 to above -100
		below -100
pps		bull confirmation
		bear confirmation
trend		uptrend
		no trend
		downtrend

More on the PFE/PPS analysis

Read a detailed explanation of the analytical tools and how they’re used, including trading rules.

Disclaimer

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.