Trade SMART

Excellent returns can be made by continuously exposing your trading capital to high momentum stocks.With "SMART" we are doing it. Here is an interesting article from Seeking Alpha


I was digging around some of the files in the library and I was completely stunned by the incredible out performance of stocks with high momentum, meaning stocks that are surging have a tendency to keep on surging. I was aware of some of the academic literature on this subject, but I have to confess that I was completely dumbfounded by the results.
Read More
 

Reji

Active Member
Breakouts 11/12/2007

Here is the watch list for 12/12/2007
Dear SMART trader,:)

I have been watching your thread since the beginning and appreciate your analysis. However my concern is that how to filter one or two best stocks from the "'broke out"' ones? What should be the criteria?

Thanks and regards

Reji
 
Dear SMART trader,:)

I have been watching your thread since the beginning and appreciate your analysis. However my concern is that how to filter one or two best stocks from the "'broke out"' ones? What should be the criteria?

Thanks and regards

Reji
If you find too many stocks in breakout list use these to short list.

A) Prefer a smooth chart.
B) Closeness to year high is good
C) Prefer the one with high volume
D) Absence of 4% downward breakouts is good
E) Preference for first breakout after consolidation
F) Small capital base
G) Institutional holding
H) Sector with high relative strength
I) Recent Earnings/Sales acceleration.
J) Clear catalysts like

" Result announcement
" Bonus/Split announcement
* Sales Acceleration
* New Orders
* New Product
* Regulatory Policy Change etc.
 

Similar threads