Glenn, Harold and BOP fans,
There were a few in my list that fell slightly on the BOP readings and a couple (NE, MDCO) that rose a bit, but, overall, things looked more or less as strong as yesterday (which can either be taken as a good sign, or bad (g)). One thing unusual over the last few days has been strength in SLB and HAL. These usually give yellow bars, as it's tougher to move the big guys. Maybe strength with the "leaders" will help, although I'm not holding my breath.
Harold's requests: As you can see below, UTI reads strongly, which it often does. HLX has recently gone to full scale green as it is now. TCMS was fairly strong (around 70 %) for a couple of weeks, but dropped off to neutral today (as did my CXIPY, but I'm not complaining (g))
Anyway, with a big FWIW, here's what I got. Glenn, feel free to add more, correct or post them on future days.
Green bars-
100%- TMAR, DO, CDG, HAL, HLX, TBI, BJS 80%- SLB, UTI, GIFI, GLM 70%- MDCO, NE, PTEN, EVI, FGII 60%- FLC (not sure, download may be giving me some trouble) 50%- KEG, PKD, GW 40%- RIG, SDC, BDI 30%- RDC, VRC 20%- SESI
Yellow bars-
ICOC, NBR, PDS, TCMS, TDW, CXIPY, ATW, ESV
Red bar-
-100% MIND
This was up well, last I looked, but the BOP reading has been stuck here since the pre-earnings announcement. Doesn't seem to be hurting lately.
One additional comment, the I.Q. Net site has an interesting indicator, IQC Zone. It seems to follow BOP somewhat, albeit not quantitatively with their blue= Buy and Red= sell. Most of our stocks are giving blue readings, although there are red ones, here and there. Anyone else follow this (IQC Zone)?
Good luck to all,
Jeff |