Holding RF, GE & Closing HD

I'll continue to hold RF, which remains in bull mode.

The price weakness in GE appears to be news-driven, based on reports concerning negotiations with Comcast to divest NBC.

HD earnings will be announced pre-market on Monday. Although it is still in bull mode, the price is stalling and the NYSE is reporting an imbalance on the sell side. Buy on the rumors, sell on the trumpets, is the conventional wisdom. Monday morning is trumpet time.

No change from my earlier analysis of JNPR. I think it has already made it's move, and I won't take the trade.

11/13 Watchlist

I'm using the pps/mfi combo for this watchlist.

Among holdings,

• RF has gotten past the ghost signals of this morning and remains in bull mode.
• GE remains in bull mode, but prices are showing topping behavior. I may exit.
• HD remains in bull mode.

No entry signals among the ETFs trading 5 million shares or more.

Stocks trading above 10 million shares:

• JNPR, a confirmed bull signal at 26.13, with resistance at 26.50 and support at about 25. I don't like the risk/reward ratio, and the price hit 26.50 at one point today. Most likely I'll pass. $1 spread on the options strikes for this issue.

Indicators:

• SPY (blue chips) and GLD (gold) remain in bull mode.
• The VIX (fear index) remains in bear mode (bullish for stocks).
• TLT (long Treasuries) remain in bear mode (but check out the mfi).
  
• EUR/USD remains in bear mode.
  
• USD/JPY remains in bull mode (although the price has retaced all of yesterday's gains).