Should we be looking at quarterly EPS or annual EPS? Thanks. I think that is where the difference coming from.
Yahoo is also positive for the quarter but negative for the annual: http://finance.yahoo.com/q/is?s=NURO
Therein lies the rub. QCharts must use yearly EPS data. You could always add it, and monitor to see how well NURO correlates with our current methods. In other words, papertrade NURO until you have confidence the stock will perform as expected. I did the same thing with NTRI. - Spydertrader
I agree with you. The differences resulted from quarterly vs yearly EPS data. I have personally always used yearly data. However, since Stocktables.com has it ranked at 81 (as mark1 pointed out), go with it and add it in. - Spydertrader
Thanks. Just to let everybody know, the java program I posted uses quarterly EPS from clearstation.com. I might change that for the next version.
I'm sorry I have to say something. No one can predict what a stock will do tomorrow consistently....except .......insiders who know something. I believe Dennis Ehkhart (bad spelling) said " don't worry about where the trade is going....worry about what you will do when it gets there." I would say this is because we don't know where it's going to go but we can plan what to do when things happen, hopefully profitably. By the way, I don't believe in psychics either.
I currently don't have the ability to do this or the following idea either due to my day job and my company's desire to do some work , but... Would it be an extension of the corrollary above to suggest that a 2 hour rolling window of volume be monitored for BO volume levels (LB volume or pro-rata FRV) and then the subsequent 6.5 hour period be monitored for the FRV confirmation? All other factors of the system reman the same including quality control and stochastic/MACD Histogram confirmation. The reason I make the suggestion is 1) it should provide more signals and 2) I guess it would confirm or refute the selection the time period of the first 2 hours in the morning for checking BO volume (or the last part of the day + the morning suggested by Richardson54) opposed to an arbitrary time period during the day, for which I think Jack originally designed the system. He suggested EOD and/or intraday trading in many of his writings Thought I'd throw that out there for debate and for the sake of possibility. I also have no way of checking it out, but I'd like to see the answer if there are any brave souls wanting to try it for real or on paper. - ace
Goooood morning Vietnam!! Err I mean Thailand..well actualy here is night ... anyway have a great day everyone and take a look at our little friend BOOM, going straight to the stars
After sleeping on this, I am pretty sure I should really use annual EPS data for the filter because it looks like Stocktables.com have already used quarterly EPS for the EPS ranking therefore it makes no sense to filter the stock twice with the "same" filter. The Stocktables.com EPS ranking will get the stocks showing good recent quarter profitability. The yearly EPS filter will filter out stocks that has not shown profit for one year. I will start writing the version 2 of my Java program this weekend to correct this. It will include a GUI front end, a news reader SpyderTrader recently posted, also will flag for upcoming earnings when you input a list of stocks.
Doug, you said you want to add some kind of short interest ratio vs float (short ratio/float??) comparison. Let me know how do you define extreme value for that and I will flag it. P.S. I should have remembered what you said about BOOM and not sell it at the open (wait for a short squeeze). The memories just come back to me. I also remember BOOM and NTRI recently had similar patterns.... consolidate into a tight range before taking off (Of course it can go both way. It's a bet.)