ZignalsApps'  Instablog

This week's stocks are from NakedValue and include American International Group (AIG), Nokia Corporation (NOK), Eastman Kodak (EK), PulteGroup, Inc (PHM), Weyerhaeuser Company (WY), Cree Inc (CREE), Tellabs, Inc (TLAB), Office Depot, Inc (ODP)

Stock	No. of Patterns	1-day % Win	2-day % Win	5-day % Win	Average Return Per Trade (> 5 day)
AIG	73	45	53	60	3.7
NOK	70	47	43	48	6.5
EK	37	60	56	62	4.6
PHM	363	63	59	61	4.8
WY	45	39	57	61	4.8
CREE	93	52	55	68	4.2
TLAB	109	50	50	59	4.2
ODP	309	35	42	52	2.9

The five day outlook is relatively bullish with an average 59% probability for a higher close next week. Only Nokia (NOK) and Office Depot (ODP) offer a coin flip probability for a higher close.

The projection for the next couple of days is relatively muted. Eastman Kodak (EK) and PulteGroup (PHM) offer probabilities above 60% for a higher close today. While Office Depot (ODP) and Weyehaeuser (WY) have a 65% and 61% probability of a lower close today.

While the short term outlook is relatively bright, the long term outlook is a little more gloomy. Ironically, Nokia (NOK) offered the best long term performance; 65% winning trades with an Average Return Per Trade of 6.5% (Average Return Per Trade assumes an initial stop of 10%, raised to 5% off the price reached on a 15% gain. Ultimate Profit Target of 25%). But there are no real standouts.