Published Sunday, December 11th, 2005
1) At the Close of Today, our Dollar-weighted Put/Call Ratios ($wPCR) for Broad-basedMarket Indices (where very high $wPCR readings are BULLISH) and Narrow-based SectorIndices (where very low $wPCR readings are BULLISH) were:
Symbol | Name | $wPCR | Signal | Chart Reference |
BBH | BioTech HOLDRS | 0.58 | BULLISH | $wPCR Chart |
SMH | Semiconductor HOLDRS | 1.00 | NEUTRAL | $wPCR Chart |
XLF | Financial Select Sector SPDR | 0.28 | BULLISH | $wPCR Chart |
XLE | Energy Select Sector SPDR | 1.55 | NEUTRAL | $wPCR Chart |
2) At the Close of Today, our Dollar-weighted Put/Call Ratio ($wPCR) Engine picked thefollowing stocks as good SHORT candidates due to their BEARISH (very high $w P/CRatio) reading:
Symbol | Name | $wPCR | Chart Reference |
JNPR | Juniper Networks Inc. | 10.56 | $wPCR Chart |
CMCSA | Comcast Corp. CI A | 7.92 | $wPCR Chart |
OSTK | Overstock.com Inc. | 2.88 | $wPCR Chart |
3) And, our Dollar-weighted Put/Call Ratio Engine picked the following stocks as good LONGcandidates due to their BULLISH (very low $w P/C Ratio) reading:
Symbol | Name | $wPCR | Chart Reference |
CVS | CVS Corp. | 0.03 | $wPCR Chart |
EMC | EMC Corp. | 0.04 | $wPCR Chart |
SBUX | Starbucks Corp. | 0.06 | $wPCR Chart |
________________________________________________________________________________
__
Please note that dollar-weighted put/call ratio's forward-looking window is from one tothree trading days from the signal day (why? in a capsule form, it has to do the pressurethe options market makers are under to stay delta neutral while dealing with the 3-daystock settlement rule). Once you are in the trade, you should monitor the up-to-datedollar-weighted put/call ratio reading as confirmation of the trade's direction; or, incase of reversal of the dollar-weighted put/call ratio reading, as an exit signal.
On many occasions, we offer special deals, like the "Year-End Bonus", chatsessions, etc., thru our pop-up notices. Make sure your browser's pop-up blocker willpermit our website to display our notices for you.
We are LONG the S&P-500Cash Index (SPX) from 1121.84 (closing price on 10/12/04) for the Timer of the YearCompetition monitored by the TimerDigest service.