Option Addict | Comments Off | Weekly Watchlist 02/02
Sunday, February 1, 2009 at 02:16PM Before I head out to go watch the Superbowl, I figured I would publish this weeks watchlist in case you are looking for additional entertainment during the day's festivities.
By the way, if you give any credence to the Superbowl indicator, regardless of the outcome, it predicts higher stock prices. Since both the Cardinals and Steelers have roots in the NFL as opposed to the AFL, regardless of the games outcome, a victory for either team suggests higher stock prices. Despite this indicators 80% success rate over 33 of the last 42 Superbowls, remember, it failed miserably last year.
There is a load of economic data and earnings reports this week. Make sure to check out this week's Economic and Earnings Calendars.
Below is the Weekly Watchlist. Enjoy!
Price Patterns
Triangles
Ascending- IPI NNI ALXN
Descending- PSYS CHTT XOM ANR DO UHAL
Symmetrical- DNB CHD ALE CLC TIP
Head & Shoulders
Triple Tops
"Buy the Dips" - Bullish Stocks Near Support
NEM NTAP CAH NTRS KALU ARLP EPIQ RMD SLM BDX LLL AU RTN GXDX SAFM HANS CREE MSTR
"Sell the Rips" - Bearish Stocks Near Resistance
MCO PNRA MTD AMN HBC NST UNP LUFK ROG NDAQ NEU MET HNZ FWRD KMB CVS LH SLGN CVD NILE CF RL
Potential Breakouts
Potential Breakdowns
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Reader Comments (3)
Thanks Jeff...hope all is well. I for one always enjoyed your videos...any chance you'll do those again?
Shorting MHK: http://www.flickr.com/photos/28670532@N04/3241526155/in/photostream/
and WLP.
ZBob,
Yeah, there is a chance you'll see one soon.
Tyler,
Thanks for the link, assface.
OA