About
This is a dedicated blog for RSI technical indicator. “Buy low and Sell high” is the basic concept of earning money by trading stocks. But how will we know the right time for the action? According to Mr. Bill Cara (www.billcara.com) , the RSI indicator is a very good source of finding out the right time.
When RSI is below 30, it is interpeted as OVER-SOLD condition. When the RSI is over 70 , you should consider selling since it usually means OVER-BOUGHT condition. According to Mr.Cara, When the RSI7 daily, weekly, and monthly values are all below 30, it is the time to buy.
So, I decided to generated daily report for RSI7 to monitor. However, I can’t monitor all the stocks so I just setup only the 100 stocks recommended by Mr. Cara.
Please see below links for more information.
This is the complete list maintained by daily stock monitoring report.
Note : WFC, KFT, USB, COP, and BNI are added on 4/23/2008.
ABB ABB Ltd [GICS 20, Cara 100] ABV AmBev (Companhia de Bebidas) [GICS 30, Cara 100] ABX Barrick Gold [GICS 15, Cara 100] ADBE Adobe Systems Inc [GICS 45, Cara 100] AET Aetna Inc [GICS 35, Cara 100] AMAT Applied Materials Inc [GICS 45, Cara 100] ATVI Activision Inc [GICS 25, Cara 100] BA Boeing Co [GICS 20, Cara 100] BBBY Bed Bath & Beyond [GICS 25, Cara 100] BBD Banco Bradesco SA (ADR) [GICS 40, Cara 100] BC Brunswick Corp [GICS 25, Cara 100] BDK Black & Decker Corp [GICS 25, Cara 100] BHP BPH Billiton Ltd [GICS 15, Cara 100] BMY Bristol Myers Squibb Co [GICS 35, Cara 100] CCJ Cameco Corp [GICS 55, Cara 100] CCL Carnival Corp [GICS 25, Cara 100] CEO CNOOC [GICS 10, Cara 100] CHA China Telecom Corp [GICS 50, Cara 100] CHL China Mobile (Hong Kong) [GICS 50, Cara 100] CHRW C.H.Robinson Worldwide [GICS 20, Cara 100] COST Costco [GICS 25, Cara 100] CSCO Cisco Systems Inc [GICS 45, Cara 100] CTSH Cognizant Technology [GICS 45, Cara 100] CVX Chevron Texaco Corp , [GICS 10, Cara 100] DB Deutsche Bank AG (USA) [GICS 40, Cara 100] DELL Dell Inc [GICS 45, Cara 100] DEO Diageo plc (ADR) [GICS 30, Cara 100] DIS Disney Co [GICS 25, Cara 100] DNA Genentech Inc [GICS 35, Cara 100] DOW Dow Chemical Co [GICS 15, Cara 100] ECA EnCana Corp [GICS 10, Cara 100] ERJ Embraer-Empresa Brasil [GICS 20, Cara 100] ERTS Electronic Arts Inc [GICS 25, Cara 100] EXC Exelon Corp [GICS 55, Cara 100] GE General Electric Co [GICS 20, Cara 100] GFI Gold Fields Ltdr [GICS 15, Cara 100] GG Goldcorp Inc [GICS 15, Cara 100] GGB Gerdau SA [GICS 15, Cara 100] GOL Linhas Aereas Inteligent [GICS 25, Cara 100] GOOG Google [GICS 45, Cara 100] GRMN Garmin Ltd [GICS 45, Cara 100] GS Goldman Sachs Group Inc [GICS 40, Cara 100] GSK GlaxoSmithKline plc (ADR) [GICS 35, Cara 100] HBC HSBC Holdings plc (ADR) [GICS 40, Cara 100] HDB HDFC Bank [GICS 40, Cara 100] IBKR Interactive Brokers Group [GICS 40, Cara 100] IBN ICICI Bank [GICS 40, Cara 100] IMO Imperial Oil Ltd [GICS 10, Cara 100] INFY Infosys Technologies Ltd [GICS 45, Cara 100] INTC Intel Corp [GICS 45, Cara 100] JCP J.C. Penney Company Inc [GICS 25, Cara 100] JNJ Johnson & Johnson [GICS 35, Cara 100] KB Kookmin Bank (ADR) [GICS 40, Cara 100] KO Coca-Cola [GICS 30, Cara 100] KSS Kohl’s Corp [GICS 25, Cara 100] LLTC Linear Technology Corp [GICS 45, Cara 100] MBT Mobile TeleSystems (ADR) [GICS 50, Cara 100] MFC Manulife Financial Corp [GICS 40, Cara 100] MICC Millicom International [GICS 50, Cara 100] NKE Nike Inc [GICS 25, Cara 100] NOK Nokia Corp [GICS 50, Cara 100] NTES NetEase.com (ADR), [GICS 45, Cara 100] NUE Nucor Corp [GICS 15, Cara 100] ORCL Oracle ] [GICS 45, Cara 100] OXPS OptionsXpress Holdings Inc [GICS 40, Cara 100] PAYX Paychex Inc [GICS 20, Cara 100] PBR Petroleo Brasileiro SA [GICS 10, Cara 100] PDA Perdiga~o SA [GICS 30, Cara 100] PG P rocter & Gamble Co [GICS 30, Cara 100] PTR PetroChina Co [GICS 10, Cara 100] QCOM Qualcomm Inc [GICS 45, Cara 100] RIMM Research In Motion Ltd [GICS 45, Cara 100] RIO Vale (Companhia Vale Do Rio) [GICS 15, Cara 100] RY Royal Bank of Canada (USA) [GICS 40, Cara 100] SBUX Starbucks Corp [GICS 30, Cara 100] SLW Silver Wheaton Corp [GICS 15, Cara 100] SNDK SanDisk Corp [GICS 45, Cara 100] STO Statoil ASA (ADR) [GICS 10, Cara 100] SU Suncor Energy Inc [GICS 10, Cara 100] SWK Stanley Works [GICS 20, Cara 100] SYT Syngenta AG ADS [GICS 15, Cara 100] TCK Teck-Cominco Ltd [GICS 15, Cara 100] TEF Telefonica SA [GICS 50, Cara 100] TGP Teekay LNG Partners L.P. [GICS 20, Cara 100] TGT Target Corp [GICS 25, Cara 100] TM Toyota Motor Corp [GICS 25, Cara 100] TOT TOTAL SA (ADR) [GICS 10, Cara 100] TS Tenaris SA [GICS 15, Cara 100] TT Trane Inc [GICS 20, Cara 100] UBS UBS [GICS 40, Cara 100] UTX United Technologies, [GICS 20, Cara 100] VCP Votorantim Celulose [GICS 15, Cara 100] VIP Vimpel-Communications (ADR) [GICS 50, Cara 100] WAG Walgreen Company [GICS 30, Cara 100] WBK Westpac Banking Corp [GICS 40, Cara 100] WFMI Whole Foods Market Inc [GICS 30, Cara 100] WHR Whirlpool Corp [GICS 25, Cara 100] WMT Wal-Mart Stores Inc , [GICS 30, Cara 100] XOM Exxon Mobil Corp [GICS 10, Cara 100] YHOO Yahoo Inc [GICS 45, Cara 100] ——————————– WFC WELLS FARGO & CO NEW (NYSE) [Warren Buffet] KFT KRAFT FOODS INC (NYSE) [Warren Buffet] USB US BANCORP (NYSE) [Warren Buffet] COP CONOCOPHILLIPS (NYSE) [Warren Buffet] BNI BURLINGTN N SANTE FE (NYSE) [Warren Buffet]