And finally the bleeding stops. Of the 672 stocks analyzed on the S&P 500 and TSE, 424 advanced, 235 declined and the remaining 13 never quite got over Saturday’s trick-or-treat.
The up days are never kind to the bulls. Another day of minor gains, averaging only 0.3% across all stocks, yet trading volumes are considerably lower than the previous day’s massacre, with activity down 7.16%. Almost 60% of stocks are currently below their 50-day moving average, with 51% listed as Oversold according to stochastics and 42% are below their previous trend.
Call me an optimist though, I think this is an ideal time to snatch up some bargain stocks that have been hammered down over the last few days. The only problem is that both the S&P 500 and S&P TSE Composite indices have not indicated a clear bottom. More data is needed.
Today’s report highlights all of the stocks that have indicated a Bullish Centerline Crossover with respect to RSI, a Bullish Crossover with respect to Stochastics, AND are NOT indicating a decreasing MACD.
Highlighting: BEMIS CO INC (NYSE:BMS), FORD MOTOR CO (NYSE:F), TARGET CP (NYSE:TGT), WAL MART STORES (NYSE:WMT), SHOPPERS DRUG MART COM NPV (TSE:SC)
| BEMIS CO INC (BMS) | ||||||||
| 26.48 | + 0.65 (2.52%) | |||||||
| Support 2 | Support 1 | Pivot Point | Resistance 1 | Resistance 2 | ||||
| 25.65 | 26.06 | 26.41 | 26.82 | 27.17 | ||||
| Support & Resistance Analysis | Neutral | |||||||
| MACD Analysis | Positive/Increasing | MACD | ||||||
| MACD vs. Signal | Below/Thinning | 0.035 | ||||||
| RSI Analysis | Bullish Centerline Crossover | RSI | ||||||
| Stochastic (Fast) Analysis | Bullish Crossover | 50.887 | ||||||
| 50-Day MA Analysis | Above 50-Day MA | %K (fast) | ||||||
| 200-Day MA Analysis | Above 200-Day MA | 46.903 | ||||||
| Critical Level Analysis | ||||||||
| BEMIS CO INC (BMS) Seasonality | ||||||||
| Analysis has revealed that with a buy date of October 21 and a sell date of September 1, investors have benefited from a total return of 248.62% over the last 10 years. This scenario has shown positive results in 8 of those periods. | ||||||||
| Conversely, the best return over the maximum number of positive periods reveals a buy date of October 21 and a sell date of May 19, producing a total return over the same 10-year range of 221.3% with positive results in 9 of those periods. | ||||||||
| The buy and hold return for the past 10 years was 107.2%. | ||||||||
| News Headlines for BEMIS CO INC (BMS) | ||||||||
4 Dividend Aristocrats with Attractive Yields for Value Investors - Thu, 02 Sep 2010 Analytical Reports on Bemis and MeadWestvaco -- Still No Sign of a Breakthrough in Q2 2010 - Fri, 20 Aug 2010 26 Aristocrats Yielding More Than 10-Year Treasuries - Fri, 20 Aug 2010 |
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| FORD MOTOR CO (F) | ||||||||
| 7.58 | + 0.58 (8.29%) | |||||||
| Support 2 | Support 1 | Pivot Point | Resistance 1 | Resistance 2 | ||||
| 7.10 | 7.34 | 7.59 | 7.83 | 8.08 | ||||
| Support & Resistance Analysis | Broke Upr Resistance (2) | |||||||
| MACD Analysis | Bullish Centreline Crossover | MACD | ||||||
| MACD vs. Signal | Below/Thinning | 0.002 | ||||||
| RSI Analysis | Bullish Centerline Crossover | RSI | ||||||
| Stochastic (Fast) Analysis | Bullish Crossover | 53.904 | ||||||
| 50-Day MA Analysis | Above 50-Day MA | %K (fast) | ||||||
| 200-Day MA Analysis | Above 200-Day MA | 65.812 | ||||||
| Critical Level Analysis | ||||||||
| FORD MOTOR CO (F) Seasonality | ||||||||
| Analysis has revealed that with a buy date of March 16 and a sell date of May 4, investors have benefited from a total return of 665.37% over the last 10 years. This scenario has shown positive results in 7 of those periods. | ||||||||
| Conversely, the best return over the maximum number of positive periods reveals a buy date of March 2 and a sell date of May 4, producing a total return over the same 10-year range of 494.47% with positive results in 8 of those periods. | ||||||||
| The buy and hold return for the past 10 years was -67.45%. | ||||||||
| News Headlines for FORD MOTOR CO (F) | ||||||||
Ford Settles With Mets Minor Leaguer's Estate After Losing Explorer Trial - Fri, 03 Sep 2010 EBay, Facebook, Vivendi, GM, Ford: Intellectual Property - Fri, 03 Sep 2010 2011 Ford F-150 SVT Raptor Adds SuperCrew Option, More Technology, Towing, Standard 6.2-Liter Engine - Fri, 03 Sep 2010 |
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| TARGET CP (TGT) | ||||||||
| 49.34 | + 0.91 (1.88%) | |||||||
| Support 2 | Support 1 | Pivot Point | Resistance 1 | Resistance 2 | ||||
| 47.73 | 48.54 | 49.11 | 49.92 | 50.49 | ||||
| Support & Resistance Analysis | Neutral | |||||||
| MACD Analysis | Positive/Increasing | MACD | ||||||
| MACD vs. Signal | Below/Thinning | 0.310 | ||||||
| RSI Analysis | Bullish Centerline Crossover | RSI | ||||||
| Stochastic (Fast) Analysis | Bullish Crossover | 53.701 | ||||||
| 50-Day MA Analysis | Above 50-Day MA | %K (fast) | ||||||
| 200-Day MA Analysis | Above 200-Day MA | 32.873 | ||||||
| Critical Level Analysis | ||||||||
| TARGET CP (TGT) Seasonality | ||||||||
| Analysis has revealed that with a buy date of October 27 and a sell date of June 1, investors have benefited from a total return of 247.53% over the last 10 years. This scenario has shown positive results in 8 of those periods. | ||||||||
| Conversely, the best return over the maximum number of positive periods reveals a buy date of November 17 and a sell date of May 18, producing a total return over the same 10-year range of 155.47% with positive results in 9 of those periods. | ||||||||
| The buy and hold return for the past 10 years was 69.2%. | ||||||||
| News Headlines for TARGET CP (TGT) | ||||||||
Jobs report may show rise in unemployment rate - Fri, 03 Sep 2010 Discounts spur surprising Aug. retail sales gains - Fri, 03 Sep 2010 The One Thing You Must Know About Target - Thu, 02 Sep 2010 |
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| WAL MART STORES (WMT) | ||||||||
| 50.28 | + 0.6 (1.21%) | |||||||
| Support 2 | Support 1 | Pivot Point | Resistance 1 | Resistance 2 | ||||
| 49.45 | 49.86 | 50.11 | 50.52 | 50.77 | ||||
| Support & Resistance Analysis | Broke Lwr Resistance (1) | |||||||
| MACD Analysis | Negative/Increasing | MACD | ||||||
| MACD vs. Signal | Below/Thinning | -0.020 | ||||||
| RSI Analysis | Bullish Centerline Crossover | RSI | ||||||
| Stochastic (Fast) Analysis | Bullish Crossover | 50.298 | ||||||
| 50-Day MA Analysis | Below 50-Day MA | %K (fast) | ||||||
| 200-Day MA Analysis | Above 200-Day MA | 27.731 | ||||||
| Critical Level Analysis | ||||||||
| WAL MART STORES (WMT) Seasonality | ||||||||
| Analysis has revealed that with a buy date of September 1 and a sell date of April 6, investors have benefited from a total return of 121.64% over the last 10 years. This scenario has shown positive results in 8 of those periods. | ||||||||
| Conversely, the best return over the maximum number of positive periods reveals a buy date of February 9 and a sell date of April 6, producing a total return over the same 10-year range of 55.52% with positive results in 9 of those periods. | ||||||||
| The buy and hold return for the past 10 years was 0%. | ||||||||
| News Headlines for WAL MART STORES (WMT) | ||||||||
European Markets Inch Higher - Fri, 03 Sep 2010 Discounts spur surprising Aug. retail sales gains - Fri, 03 Sep 2010 McBride scrubs up well in spite of rivals - Fri, 03 Sep 2010 |
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| SHOPPERS DRUG MART COM NPV (SC.TO) | ||||||||
| 43.7 | + 0.71 (1.65%) | |||||||
| Support 2 | Support 1 | Pivot Point | Resistance 1 | Resistance 2 | ||||
| 42.22 | 42.96 | 43.34 | 44.08 | 44.46 | ||||
| Support & Resistance Analysis | Broke Lwr Resistance (1) | |||||||
| MACD Analysis | Negative/Increasing | MACD | ||||||
| MACD vs. Signal | Below/Thinning | -0.043 | ||||||
| RSI Analysis | Bullish Centerline Crossover | RSI | ||||||
| Stochastic (Fast) Analysis | Bullish Crossover | 52.327 | ||||||
| 50-Day MA Analysis | Above 50-Day MA | %K (fast) | ||||||
| 200-Day MA Analysis | Below 200-Day MA | 50.000 | ||||||
| Critical Level Analysis | ||||||||
| SHOPPERS DRUG MART COM NPV (SC.TO) Seasonality | ||||||||
| Analysis has revealed that with a buy date of October 27 and a sell date of August 31, investors have benefited from a total return of 113.32% over the last 6 years. This scenario has shown positive results in 6 of those periods. | ||||||||
| The buy and hold return for the past 6 years was 40.24%. | ||||||||
| News Headlines for SHOPPERS DRUG MART COM NPV (SC.TO) | ||||||||
BAY STREET-Discretionary consumer stocks may offer good value - Mon, 09 Aug 2010 BAY STREET-Discretionary consumer stocks may offer good value - Sun, 08 Aug 2010 Shoppers Optimum Celebrates 10 Rewarding Years - Fri, 06 Aug 2010 |
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| Tech Talk – By The Numbers is a supplement to current offerings from TimingTheMarket.ca and will be offered by Mr. Vialoux following each trading day. | ||||||||
| Disclosure: Mr. Vialoux does not own securities mentioned in this report. | ||||||||
| Disclaimer: Comments and opinions offered in this report at www.timingthemarket.ca are for information only. They should not be considered as advice to purchase or to sell mentioned securities. | ||||||||
| Data offered in this report is believed to be accurate, but is not guaranteed. | ||||||||
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Tags - Previous posts for stock ticker: BMS, F, SC.TO, TGT, WMT



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