Slow Trading: Watchlist

• XLY slips back into bull phase.
• Mexico, South Korea, China move to bull phase (EWW, EWY, FXI).

I’ve done a major reworking of the Watchlist portion of Slow Trading (and of the daily Watchlist as well).

There are now three sections.

The first section, "From the price channel list", provides coverage of stocks that appear on the price channel analysis.

The second section, "Of interest", tracks stocks that I’m watching for a variety of reasons -- either I find them interesting or they are zombies lurching through my portfolio, the remnants of former trades gone bad. The "Diversification" sub-section tracks global exchange-traded funds, greatly expanded from its previous version.

The third section, "Earnings plays", is a selection of stocks that I have been tracking in anticipation of earnings surprises. I’m phasing that practice out as a primary strategy.

My holdings are marked with an asterisk (*).

From the price channel list
Price channel bull phase

	phase		pfe	pps	trend
EBAY
EWJ
JNK*
JNPR
NFLX
ORCL
PM
SBUX
SLV
WFT
XLY
XRT

Price channel bear phase

	phase		pfe	pps	trend
ABT
AMR
BBY
FXI
JNJ
TLT
USO

Nearing price channel bull phase

	phase		pfe	pps	trend
S

Of interest

	phase		pfe	pps	trend
AROW
FTR
GE*
GOOG*
MVO
NLY
PAYX*
SO
XLE*
XLP*
XLU

Diversification plays

	phase		pfe	pps	trend
EPI
EWH
EWJ
EWS
EWT
EWW
EWY
EWZ
EZA
FXI
RSX

Zombies

	phase		pfe	pps	trend
AOD*
FNMA*

Earnings plays

	phase		pfe	pps	trend
DECK
GPS
GRMN
WMT

About the categories:

• Diversification plays: These don’t closely track the U.S. markets or are based on currencies other than the U.S. dollar.
• Earnings plays: I’m tracking these as a legacy as I phase out the strategy of chasing earnings surprises.
• Of interest: Stocks I’m tracking because I find them to be interesting, although not necessarily as a potential play.
• 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.