Perhaps I should be all in by now, but I am still very cautious.
For a few weeks now I have seen a number of interesting stocks, some of these have done well, but once again I added extra filters of caution and continue to be left with GILD, which has done very well for me.
So what did I see in my weekend review?
The 10-yr Treasury yield is at 1.94%.
IBD (Investor Business Daily) is continues Market in Confirmed Up Trend.
Copernicus Systems is still showing to be long in the market (but not 100% in all systems). Money Flows continue nicely upward as are the supporting stock prices.
What will I do?
Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
AAPL +13.17%, +29.00%
GILD +13.29%, +16.03%, 21.54% Very, very nice, I know this cannot keep going up forever, but I will buy again this week
ETF’s for a trade are:
GLD -2.69%, +7.47%
IBB +6.10% I really like what I see here
XLV +1.43% but adios
I hope you have a great week.