TRUMPET 3 WATCHLISTS
TRUMPET THREE WATCHLISTS
Jan. 18, 2017 6:55 PM ET (Updated on Jan. 18, 2017 7:22 PM ET)•AG, HMY•Comment!
Disclosure: I am/we are long AG.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
BY OUR definition, an issue with a negative PROP2 reading and a positive PROP1 reading is on our BUY WATCHLIST. It can trigger a BUY SIGNAL either by becoming PROP2 positive; or by having our TRADING TRIGGER snap back up (essentially a Trumpet 3 BUY SIGNAL). Our SELL WATCHLIST is the reverse of this, PROP2 positive, PROP1 negative.
Here is today's list, with the SELL WATCHLIST first.
The markets are, in truth, an alchemical melting pot. HMY, for instance, is on our SELL WATCHLIST. But it is also on our (de facto) BUY WATCHLIST also, since it can also easily, suddenly transform its PROP1, which is also threatening to do. SO, remember, nothing is written in stone. Everything is fluid.
| Column1 | Column2 | Column3 | Column4 | Column5 | Column6 | Column7 |
| 1/18/17 | ||||||
| SELL WATCH | ||||||
| TRADING | ||||||
| SYMBOL | CLOSE | TRIGGER | EMV ASP | PROP1 | PROP2 | ISSUE |
| 3988.HK | 3.54 | 0.003 | 1 | -13 | 5 | Bank of China |
| CEW | 17.63 | 0.006 | 1 | -13 | 5 | Emerging Currency ETF |
| 1398.HK | 4.77 | 0.006 | 1 | -13 | 5 | Industrial and Commercial Bank of China |
| GSS | 0.839 | 0.009 | 1 | -13 | 5 | Golden Star Resource Gold |
| ACHN | 4.12 | 0.01 | 1 | -21 | -3 | Achilliion Pharma |
| AGNC | 18.99 | 0.012 | 1 | -13 | 5 | MREIT American Capital Agency Corp |
| SEA | 12.165 | 0.013 | 1 | -13 | 5 | Global Shipping ETF |
| ELD | 36.235 | 0.013 | 1 | -13 | 5 | Emerging Market Local Debt |
| STNG | 4.35 | 0.015 | 1 | -23 | -5 | Scorpio Tankers |
| DBC | 15.885 | 0.016 | 1 | -13 | 5 | Commodity Index |
| PDLI | 2.35 | 0.021 | 1 | -13 | 5 | Protein Design Labs |
| EWA | 21.37 | 0.021 | 1 | -13 | 5 | Australian Stocks ETF |
| LEMB | 43.7 | 0.021 | 1 | -13 | 5 | Emerging Market Local Currency Bonds |
| TNP | 4.96 | 0.021 | 1 | -19 | -1 | Tsakos Energy Navigation LTD |
| CYTX | 1.65 | 0.022 | 1 | -11 | 7 | Cytori Therapeutics |
| YGE | 2.803 | 0.023 | 1 | -17 | 1 | Yingli Green Energy China |
| EWU | 31.23 | 0.025 | 1 | -13 | 5 | Great Britain ETF (NYSE:O) |
| CNTF | 1.93 | 0.025 | 1 | -13 | 5 | China Tech-Faith Wireless |
| FXC | 74.53 | 0.026 | 1 | -13 | 5 | Canadian Dollar ETF |
| FXA | 75.15 | 0.026 | 1 | -13 | 5 | Australian Dollar ETF |
| EWP | 27.09 | 0.029 | 1 | -19 | -1 | Spain Index |
| WBK | 24.48 | 0.029 | 1 | -19 | -1 | Westpac Bank Corp (Aus) |
| HMY | 2.47 | 0.032 | 1 | -13 | 5 | Harmony Mining |
| ASYS | 4.3 | 0.033 | 1 | -15 | 3 | AMTEC SYSTEMS |
| EWI | 24.48 | 0.034 | 1 | -19 | -1 | Italy Shares ETF Bullish |
| EEM | 36.63 | 0.034 | 1 | -13 | 5 | Emerging Markets ETF |
| JJG | 29.84 | 0.035 | 1 | -13 | 5 | Grains ETF |
| EUFN | 19.27 | 0.036 | 1 | -19 | -1 | Euorpean Financial Index |
| POT | 18.16 | 0.039 | 1 | -25 | -7 | Potash |
| XNET | 4.23 | 0.043 | 1 | -15 | 3 | XunLei Limited (NASDAQ:CHINA) |
| JAKK | 5.525 | 0.043 | 1 | -19 | -1 | JAKKS Pacific |
| ERY | 9.75 | 0.045 | 1 | -13 | 5 | * Energy Stocks Bearish ETF 3x |
| TOT | 51.19 | 0.047 | 1 | -19 | -1 | Total S.A. |
| NAB.AX | 30.58 | 0.048 | 1 | -23 | -5 | National Bank of Australia |
| GFI | 3.5 | 0.049 | 1 | -13 | 5 | Gold Fields |
| PLND | 14.11 | 0.051 | 1 | -13 | 5 | Poland ETF |
| SAND | 4.36 | 0.054 | 1 | -13 | 5 | Sandstorm Gold |
| IMAX | 31.45 | 0.055 | 1 | -23 | -5 | Imax Corp |
| LILAK | 21.9 | 0.055 | 1 | -21 | -3 | Liberty Lilak Group |
| FOLD | 5.39 | 0.058 | 1 | -15 | 3 | Amicus Therapeutics |
| JJU | 16.16 | 0.06 | 1 | -21 | -3 | Aluminum ETF (NO) |
| NG | 5.09 | 0.074 | 1 | -13 | 5 | NovaGold |
| VRX | 15.11 | 0.078 | 1 | -13 | 5 | Valeant Pharmaceuticals |
| DRIP | 13.3 | 0.083 | 1 | -13 | 5 | * Oil and Gas Bearish ETF 3x |
| HCG.TO | 29.74 | 0.09 | -1 | -23 | -5 | Home Capital Growth Canada |
| COW | 22.71 | 0.091 | 1 | -19 | -1 | Livestock ETF |
| FSM | 6.5 | 0.093 | 1 | -13 | 5 | Fortuna Silver Mines |
| BX | 29.58 | 0.099 | 1 | -19 | -1 | The Blackstone Group |
| LIFE | 3.25 | 0.1 | 1 | -13 | 5 | TYR Pharma |
| UGLD | 9.54 | 0.102 | 1 | -13 | 5 | * GOLD ETN BULLISH 3X (NO) |
| DRN | 21.93 | 0.109 | 1 | -19 | -1 | * Real Estate Stocks Bullish ETF 3x |
| SSRI | 9.93 | 0.129 | 1 | -13 | 5 | Silver Standard Resources |
| CLAW | 29.48 | 0.131 | 1 | -21 | -3 | * Homebuilders Bearish ETF 3 x (NO) |
| SA | 9.65 | 0.139 | 1 | -13 | 5 | Seabridge Gold |
| FSLR | 34.41 | 0.141 | 1 | -13 | 5 | FIRST SOLAR |
| TMF | 19.62 | 0.141 | 1 | -11 | 7 | * 20+ Year Treasury Bull ETF 3x |
| GG | 15.31 | 0.166 | 1 | -13 | 5 | Gold Corp |
| ABX | 16.82 | 0.171 | 1 | -13 | 5 | American Barricks Gold |
| CDE | 11.47 | 0.172 | 1 | -13 | 5 | Coeur D'Alene Daily |
| DGP | 22.01 | 0.18 | 1 | -13 | 5 | Gold ETF leveraged |
| LBTYA | 34.53 | 0.183 | 1 | -13 | 5 | Liberty Global |
| SLW | 20.61 | 0.218 | 1 | -13 | 5 | Silver Wheaton |
| USLV | 14.165 | 0.224 | 1 | -13 | 5 | * Silver Stocks Bullish ETF 3x (NO) |
| THC | 18.44 | 0.226 | 1 | -13 | 5 | Tenet Healthcare |
| TARO | 104.46 | 0.228 | 1 | -23 | -5 | Taro Pharma |
| GDX | 23.01 | 0.246 | 1 | -13 | 5 | Gold Miners ETF $ |
| SSYS | 19.45 | 0.291 | 1 | -13 | 5 | Stratasys LTD |
| AGQ | 36.81 | 0.363 | 1 | -13 | 5 | * Ultra Silver Leveraged ETF (Bullish) |
| SIL | 36.85 | 0.374 | 1 | -13 | 5 | Silver International ETF |
| AEM | 45.7 | 0.467 | 1 | -13 | 5 | Agnico-Eagle Mines |
| GDXJ | 36.69 | 0.501 | 1 | -13 | 5 | Gold Junior Minors ETF Daily |
| INDL | 48.534 | 0.504 | 1 | -13 | 5 | * India Stocks Bullish ETF 3x |
| ICPT | 114.1 | 0.533 | 1 | -17 | 19 | Intercept Pharma |
| IBB | 276.81 | 0.634 | 1 | -13 | 17 | Biotechnology ETF Daily |
| LABU | 39.23 | 0.72 | 1 | -13 | 5 | * Biotech Bull 3x |
| AGN | 215.29 | 1.166 | 1 | -13 | 17 | Allergan PLC |
| BUY WATCH | ||||||
| TRADING | ||||||
| SYMBOL | CLOSE | TRIGGER | EMV ASP | PROP1 | PROP2 | ISSUE |
| USDU | 27.93 | -0.005 | -1 | -5 | -23 | USDollar |
| BWEN | 4.13 | -0.015 | -1 | -7 | -25 | Broadwind Energy |
| CQP | 28.275 | -0.02 | -1 | -5 | -23 | Chenier Energy Group |
| TNK | 2.3 | -0.021 | 0 | -7 | -25 | Teekay Tankers Ltd. |
| GNW | 3.84 | -0.024 | 0 | -1 | -19 | Genworth Financial |
| GBB | 32.09 | -0.025 | -1 | 1 | -17 | British Pound/US Dollar ETN |
| EVEP | 2.045 | -0.028 | -1 | -5 | -23 | EV Energy Partners |
| SDRL | 3.335 | -0.028 | -1 | -7 | -25 | SeaDrill Ltd. |
| KO | 41.29 | -0.028 | -1 | -7 | -25 | Coca Cola Daily |
| AMSC | 7.17 | -0.031 | -1 | -1 | -19 | American Superconductor |
| P | 13 | -0.034 | -1 | 1 | -17 | Pandora |
| EYES | 1.76 | -0.037 | -1 | -7 | -25 | Second Sight |
| HOV | 2.25 | -0.038 | -1 | -5 | -23 | Hovnanian Daily |
| EUM | 23.96 | -0.038 | -1 | -5 | -23 | Short Emerging Markets |
| PKI | 52.43 | -0.039 | 1 | -5 | -23 | Perkin Elmer |
| TNGO | 7.765 | -0.04 | -1 | -7 | -25 | Tangoe |
| OCN | 5 | -0.04 | -1 | -5 | -23 | Ocwen Financial |
| CHAD | 41.01 | -0.05 | -1 | -5 | -23 | China A Shares Bullish ETF |
| DWSN | 7.95 | -0.054 | -1 | -5 | -23 | Dawson Geophysical |
| MCD | 122.71 | -0.054 | -1 | 3 | -15 | Mc Ddonalds Daily |
| LXRX | 14.3 | -0.07 | 0 | -1 | -19 | Lexicon Pharmaceutical |
| LL | 15.57 | -0.077 | -1 | -1 | -19 | Lumber Liquidators |
| SPU | 6.62 | -0.085 | -1 | -7 | -25 | Skypeople Fruitjuice China |
| PEIX | 8.35 | -0.086 | -1 | -7 | -25 | PACIFIC ETHANOL |
| GIS | 61.94 | -0.087 | -1 | -7 | -25 | General Mills |
| CAAS | 5.43 | -0.09 | 0 | -7 | -25 | Chinese Auto Daily |
| DRV | 12.19 | -0.095 | -1 | -1 | -19 | * Real Estate Bearish Stocks ETF 3x |
| X | 34.93 | -0.102 | -1 | -1 | -19 | US Steel Corp |
| BZH | 13.12 | -0.107 | -1 | -7 | -25 | BEAZER HOMES |
| TWTR | 17.11 | -0.11 | 1 | -1 | -19 | |
| OMER | 9.04 | -0.121 | -1 | -7 | -25 | Omeros Corporation |
| HLF | 53.3 | -0.128 | 1 | 5 | -13 | HERBALIFE |
| KSU | 84.96 | -0.158 | 0 | 3 | -15 | KANSAS CITY SOUTHERN |
| AVAV | 25.29 | -0.162 | -1 | -5 | -23 | Aeorvironment |
| BCRX | 5.95 | -0.171 | -1 | -7 | -25 | BioCryst Pharmaceuticals |
| TMV | 21.98 | -0.18 | -1 | -7 | -25 | * 20+ Year Treasury Bear ETF 3x |
| CBI | 32.24 | -0.18 | 0 | -7 | -25 | Chicago Bridge and iron |
| JOE | 17 | -0.188 | -1 | -7 | -25 | St. Joe Company |
| GVA | 55.34 | -0.189 | -1 | -1 | -19 | Granite Construction |
| BBY | 44.77 | -0.189 | 0 | -1 | -19 | Best Buy Daily |
| TTT | 31.276 | -0.19 | -1 | -5 | -23 | * 20+ Year Treasury Short ETF 3x |
| MTZ | 35.475 | -0.191 | -1 | -7 | -25 | Mas Tec |
| AHGP | 27.44 | -0.196 | -1 | -7 | -25 | Alliance Holdings Mining |
| CLR | 51.2 | -0.236 | -1 | -1 | -19 | Continental Resources |
| ERX | 38.8 | -0.241 | -1 | -7 | -25 | * Energy Stocks Bullish ETD 3x |
| YANG | 14.65 | -0.244 | -1 | -7 | -25 | * China Stock Bearish ETF 3x |
| SCHN | 23.75 | -0.26 | -1 | -7 | -25 | Schnitzer Steel Indust |
| SYNA | 53.86 | -0.276 | -1 | -7 | -25 | Synaptics Inc |
| NFX | 41.67 | -0.295 | 0 | -7 | -25 | Newfield Explorations |
| FINL | 17.63 | -0.306 | -1 | -1 | -19 | Finish Line |
| BZQ | 15.74 | -0.307 | -1 | -1 | -19 | Short Brazil Shares ETF |
| GASL | 45.98 | -0.318 | -1 | -7 | -25 | * Natural Gas Stocks Bullish ETF 3x |
| LABD | 14.27 | -0.321 | -1 | -7 | -25 | * Biotech Bear 3 x |
| RRGB | 50.45 | -0.366 | -1 | -7 | -25 | Red Robin Gourmet Burgers |
| INTL | 36.89 | -0.384 | -1 | -7 | -25 | Intl Assets Hold Co. |
| ^UTY | 622.07 | -0.396 | -1 | -1 | -13 | Utility Index |
| RH | 30.19 | -0.4 | -1 | -1 | -19 | Restoration Hardware |
| AMBA | 49.51 | -0.48 | -1 | -7 | -25 | Ambarella |
| RETL | 37.03 | -0.507 | -1 | -1 | -19 | * Retail Stocks Bullish ETF 3x |
| WMB | 28.34 | -0.592 | -1 | -7 | -25 | Williams Companies |
| DSLV | 25.48 | -0.609 | -1 | -7 | -25 | * Silver Stocks Bearish ETF 3x (NO) |
| DPST | 63.58 | -0.64 | -1 | -5 | -23 | * Regional Banks Bullish ETF 3x (NO) |
| RL | 89.29 | -0.739 | -1 | -1 | -13 | Ralph Lauren |
| DGLD | 56.06 | -0.776 | -1 | -7 | -25 | * GOLD ETN BEAR 3X (NO) |
| KSS | 41.39 | -0.784 | -1 | -7 | -25 | Kohl's Corp |
| NVDA | 102.95 | -1.026 | -1 | -7 | -25 | Navidia Daily |
| GUSH | 97.98 | -1.061 | -1 | -7 | -19 | * Oil and Gas Bullish ETF 3x |
Here is a picture of HMY, showing what we mean.
We warn that a stock can decay (is that the right word? -- decay as atomic particles decay) and PROP1 SELLZONE issues can decay into PROP1 BUYZONE issues, as AG did today.
The Trumpet 3 BUY SIGNAL is coming too late for a trade here. BUT, we are also getting a long-term TRUMPET 13 BUY SIGNAL, which we like and on which we are acting.
An issue on our BUY WATCHLIST we DO like is HOV, which had a very nice trade earlier.
We love US Steel here (NYSE:X) -- which has corrected but only barely. A stock correcting high-sideways is ready to pop up. But we wait for our system to designate this a BUY.
We also like a loved-hated stock, HLF, Herbalife. Love the trend-shape, second pane down.
Best,
MJC, CGTS
Analyst's Disclosure: I am/we are long AG.
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