Stocks to buy 4/17/12

Stock Market Today

The market is still trying to determine if it wants to go up or down with no clear direction in sight. During periods of uncertainty such as this, I will continue to look at both long and short positions. However, since I am over weight in long positions, I will be watching the short signals extra close.

Since starting this blog, I am still down overall, but less so than the S&P 500. As I bring more techniques and strategies into play, I expect to pull further away from the S&P.

Current Holdings

HPQ: +$78 since entry (long 73 @ $23.23)
EIX: +$42 since entry (long 117 @ $42.08)
HRS: +$9 since entry (long 100 @ $43.76)
APOL: -$9 since entry (long 44 @ $36.33)

Stock Watch List:

Symbol	Score	Strategy	5 Day Expectancy
NTAP	50	oversold	+3.1%
FII	50	oversold	+1.6%
FAST	50	oversold	+5.5%
CAM	40	Short_Strategy	-2.0%
ESV	40	Short_Strategy	-1.4%
JDSU	40	Short_Strategy	-2.8%
MDT	40	Short_Strategy	-1.3%
NBL	40	Short_Strategy	-2.0%
NE	40	Short_Strategy	-1.5%
R	40	Short_Strategy	-1.4%
MU	20	Short_Strategy	-3.3%
NBR	20	Short_Strategy	-3.0%
SWN	20	Short_Strategy	-1.2%

 

Related Posts:

• Stock Analysis for 4/23/2012
• Stock Analysis for 3/30/12
• Stock Analysis Method