Finding a Consistent Way to Pick Winning Stocks

Discussion in 'Journals' started by expiated, Apr 22, 2019.

  1. expiated

    expiated

    Quote me the statute. Otherwise, I have nothing to verify that you know what you're talking about.
     
    #21     Apr 25, 2019
  2. sss12

    sss12

    ...
    Statute in reference to what ? What I stated is common knowledge in corporate compliance. I guess if you want documentation you could read any publicly traded companies annual report. Any one of them, give it a try.
     
    #22     Apr 25, 2019
  3. expiated

    expiated

    No thanks. If something is regulated, you ought to be able to quote the regulation. Otherwise, I'm going to take whatever you have to say with a grain of salt.
     
    #23     Apr 25, 2019
  4. sss12

    sss12

    Ok, you asked the question. I gave you the source , you do the work if you want the info. It is not my issue.
     
    #24     Apr 25, 2019
  5. expiated

    expiated

    I'm curious to see if HLF, PEN (or CARS) continue to bounce back tomorrow.
     
    #25     Apr 25, 2019
  6. expiated

    expiated

    Right now the S&P 500 is above water, but the DOW and the NASDAQ are not. Though the last group form Screen #44 is a mixed bag, I have no way to predict which of them would be up today and which would be down. (Heavy Volume and % Negative Day Change are not doing too well.) Both HLF and PEN are up right now and CARS is trying to get there, so I will probably test this screen again at the end of the day when I check to see where everything else stands.
     
    #26     Apr 25, 2019
  7. expiated

    expiated

    Watch list: SVNDY
     
    #27     Apr 26, 2019
  8. expiated

    expiated

    There are still a couple of hours left before the closing bell, but at least SVNDY is not continuing its recent decline so far today.

    upload_2019-4-26_11-11-19.png
     
    #28     Apr 26, 2019
  9. expiated

    expiated

    SVNDY closed up 2.13%, but I'm more interested in stocks that are up a minimum of 3 or 4 percent, so I'm trying out a new stock screen/filter idea today that returned the following nine end-of-day selections:

    CMC, SBUX, ZYNE, COF, DFS, MOBL, ALGN, HSY, ARI

    The screen that gave me SVNDY yesterday returned BGCP at the end of today.

    PYX was up another 8.14% and NCI another 4.22% (I forgot to check to see by how much they climbed Thursday) so this again seems to suggest that it makes sense to hang on to equities the "bust a move" beyond a single day as long as they continue to make gains.
     
    Last edited: Apr 26, 2019
    #29     Apr 26, 2019
  10. expiated

    expiated

    This filter was pretty awful! PYX was up only 1.54% today and NCI was down, so it looks like two or three days of better than average returns is about the maximum that might be expected from those equities which manage to break out following technical signals suggesting they could possibly do so.

    This was a bad day for MOMO, DO, IMMU, MIK, CHRW, and HRTX. I'm curious to see how they do tomorrow.
     
    Last edited: Apr 29, 2019
    #30     Apr 29, 2019