Forecast of the top and bottom 100 of a Russell 3k subset: - Tickers are ranked by their probability of going higher in the next week. - If you're bullish on the broader market, you'd want to conduct your research on samples of the top 100. - If you're bearish, focus your due diligence on samples of the bottom 100. - Market neutral should analyze a min of 25 to 35 from each group (top and bottom), more "should" equal better. Better, equaling closer correlation to the broader forecast, which could be absolute junk. Def do your homework. Forecast Bias - The broader forecast for the index has the majority of the underlying going down this week. Take that with a grain of salt, just wanted to pass it along. Apologies in advance for the length of this. Top 100 AMZN US 0.71 SM US 0.62 BKD US 0.55 SLCA US 0.54 AKBA US 0.54 ORBC US 0.54 TRUE US 0.54 HMHC US 0.54 AR US 0.53 CEIX US 0.53 FLDM US 0.53 OPK US 0.53 ASMB US 0.53 OIS US 0.53 VBIV US 0.52 ARLO US 0.52 ATRO US 0.52 RRC US 0.52 HLX US 0.52 CAMP US 0.52 MGY US 0.52 CENX US 0.52 CMG US 0.52 SUPN US 0.52 DSSI US 0.52 LBRT US 0.52 MUR US 0.52 CVI US 0.52 FFIV US 0.52 ETM US 0.52 RGS US 0.52 PAYS US 0.52 IIVI US 0.52 OPTN US 0.52 DBI US 0.52 PRTK US 0.52 FANG US 0.52 OMCL US 0.52 PUMP US 0.52 BKNG US 0.51 ULTA US 0.51 PLCE US 0.51 FTNT US 0.51 MTDR US 0.51 QRVO US 0.51 AAOI US 0.51 ENDP US 0.51 COP US 0.51 PVAC US 0.51 APA US 0.51 ZIXI US 0.51 CNX US 0.51 DAR US 0.51 GOOG US 0.51 GCI US 0.51 MCS US 0.51 GOOGL US 0.51 RBBN US 0.51 PCRX US 0.51 MTEM US 0.51 LIND US 0.51 AX US 0.51 CNDT US 0.51 DVAX US 0.51 CABO US 0.51 CALA US 0.51 APTV US 0.51 LEA US 0.51 NBL US 0.51 AYX US 0.51 EXEL US 0.51 NNBR US 0.51 LL US 0.51 PBYI US 0.51 WVE US 0.51 OKTA US 0.51 DECK US 0.51 BIIB US 0.51 TISI US 0.51 JNCE US 0.51 CF US 0.51 PRLB US 0.51 TEAM US 0.51 IGT US 0.51 AM US 0.51 NOV US 0.51 TAST US 0.51 MIK US 0.51 PLOW US 0.51 GOSS US 0.51 ATRC US 0.51 MGTA US 0.51 HARP US 0.51 KOD US 0.51 IVC US 0.51 CSOD US 0.51 VRCA US 0.51 BYND US 0.51 AGLE US 0.51 MDLZ US 0.51 Bottom 100 HSIC US 0.49 VAR US 0.49 CNC US 0.49 GRMN US 0.49 ROKU US 0.49 BOOM US 0.49 LSXMK US 0.49 FTDR US 0.49 FARO US 0.48 ALTR US 0.48 LSCC US 0.48 RHI US 0.48 SUM US 0.48 SSNC US 0.48 FNKO US 0.48 MMSI US 0.48 POR US 0.48 LKFN US 0.48 STAA US 0.48 ASTE US 0.48 AGIO US 0.48 BRO US 0.48 FN US 0.48 NEM US 0.48 NOW US 0.48 TTGT US 0.48 NUS US 0.48 SLM US 0.48 RDN US 0.48 VEEV US 0.48 AEE US 0.48 HLIO US 0.48 TEN US 0.48 IPAR US 0.48 HTH US 0.48 SPGI US 0.48 PNFP US 0.48 JCI US 0.48 ABT US 0.48 FTV US 0.48 WTRH US 0.48 VRTU US 0.48 NVTA US 0.48 GNK US 0.48 MRCY US 0.48 MTD US 0.48 GIS US 0.48 BCRX US 0.48 CSGP US 0.48 MCRI US 0.48 XLRN US 0.48 GNMK US 0.48 NCMI US 0.48 SGMS US 0.48 INTC US 0.48 LB US 0.48 WST US 0.48 GH US 0.48 SSTI US 0.48 EV US 0.48 FB US 0.48 MOBL US 0.48 LDOS US 0.48 APD US 0.48 NUAN US 0.48 MYE US 0.48 NP US 0.48 HD US 0.48 INFN US 0.48 AZO US 0.48 SPTN US 0.48 FFIN US 0.48 ALGN US 0.48 BIG US 0.48 ACAD US 0.48 MTRX US 0.48 KFY US 0.48 LGIH US 0.47 VC US 0.47 NVDA US 0.47 PAYC US 0.47 SYX US 0.47 BRY US 0.47 BCOV US 0.47 CHE US 0.47 MPWR US 0.47 REGN US 0.47 MPAA US 0.47 POOL US 0.47 PACB US 0.47 BIO US 0.47 HUM US 0.47 TIF US 0.46 MKTX US 0.46 ADBE US 0.46 NFLX US 0.46 TMO US 0.46 DXCM US 0.46 DPZ US 0.46 SAM US 0.46
Hey RS. Say one goes long in it. What would be your stop loss for it ? When would you take the profit ?
This is strictly a screen and research trigger. Not gonna kick out advice regarding profit targets or risk management. If I did have targets they would obviously be based on my personal risk tolerance, account funding and holding horizon. I'd never assume that those were appropriate for someone else. I'm hurt though that you want to long something out of the bottom. you just 1-p'd my work... On a side note, can you edit your long pick to "INTC" which is also in the bottom, then Mark can like your post twice. He's a fan you know.
That's prob it for me this week, got a ton of code to knock out and Turkey to cook. Will be back next Sunday with some more tickers. If you're state-side have a good Thanksgiving.
No RS forecast this week. I got backed up finishing a new pipeline and I'm still getting those models out. They take about an hour each to run and I've got 13 to generate before the open. Gon-b a long night.
Think that's a wrap for me, appreciate those who took a peak at the shuffle the last couple of weeks. ET is just a little too cynical/negative for me. People with well thought out ideas get bashed by the self-appointed know it all's and it's a bad look. Anyway, happy holiday's. Here's to a better 2021.