I updated the Cara 100 list today. I was somewhat busy or lazy that I did not update Cara 100 properly. I have checked and updated the stock list today.

Here are the ones added to the list

ABX
DNA
GG
IBKR
KO
NOK
PDA
RIMM
SYT
TEF
TT

Here are the list of stocks taken out of the list.

ADSK
ASD
C
ET
FITB
HOV
LEH
LYO
MCO
MU
MXIM

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Today’s billcara’s blog entry has the list of stocked entered in the Acumulation Zone.

Buy Alerts (with latest closing price): BC ($15.09), KSS ($40.00), BBBY ($27.05), JCP ($40.93), WAG($33.71), TM ($99.70), PAYX ($33.71), BDK ($65.75), BA ($78.40), DELL ($21.08), CTSH ($26.00), YHOO ($20.78) and WHR ($71.53)

AZ: SNDK ($27.74), HBC ($74.53), CCL ($38.26), and DIS ($28.51).

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• Cara 100

So you want to have the power to see the future? Read the Slosh Report.

I just read this blog and summerize my understandings. http://market-ticker.denninger.net/

Here is one of the ways to predict the future.

You have read something like “Fed injected XX billion into the market , blah blah”. The slosh report shows how much Fed temporary short term loan known as TOMO(Temporary Open Market Operations) is in the market. The amount Fed accepted is interpreted as the amount fed injected into the market.

The pink colored bars indicates the daily Fed accepted /Granted loan amount.

But thing is that this loan must be returned someday. (Shown as Grey Bars in the graph)And I can think that the day when this return amount is high, the banks will have to sell their equities therfore the market will be downward based on the assumtion that the large portion of the slosh is currently in the equity market.

Then according to the below graph, it is most likely that the stock market be down tomorrow. But still Maybe I am wrong, but I can’t wait to see the end of the tomorrow.

Slosh Report
Slosh Report help

Slosh Report Data Source (http://www.newyorkfed.org/markets/omo/dmm/temp.cfm)

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• Predict, Slosh

I have inserted an extra column named ‘adjclose’ to keep track of the normalized closed prices. So if a 1 to 2 split occurs , all the past prices will be divided by 2 and stored into adjclose column. And the rsi7 is calculated based on this adjusted close price to get the correct values.

I will need to run few scripts manually when the split occurs, so it is somewhat inconvenient for me.

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• split

RSI daily report generated for 04/03/2007 have 3 stocks listed for ALL(Monthly,Weekly,Daily) RSI7 under 30. And NIKE (NKE) is the one of them. And has RSI7 value of just 4. If this was the correct value, I would have loaded up with NIKE right away.

Daily,Weekly,Monthly all below 30
Total : 3

But sadly , the value was incorrect caused by the stock split. Both NKE and BBD’s stock have split today. I did not think of the stock splits when I implemented RSI formula originally.

I have checked other websites to see how their calculations are done.

For www.stockcharts.com, the RSI7 daily value is 47.96 which looks more like a correct value. They normalized the past prices dividing by 2 ( since the stock has been split from 1 to 2 ratio) and calculated the RSI value.

But www.easystock.com doesn’t account the split just like I didn’t. Their daily RSI7 value is just 4 , same as mine.

It feels like that the stockchart.com method is correct, but I don’t like that the normalized historical are showing in the chart.(All past prices are divided by 2)

I will need some time to think how to implement it.

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• nke, split