Originally posted at Capitalstool’s Stool Pigeons Wire Message Board.
Here is my stock screen spitout for today. These are not recommendations. I figure you stoolies know enough that you can look at some of these on your own charts and do with them what you will. I will pick a few to add to my ready list for my trading today.
I also use these lists, particularly the weekend run, for my chart picks in the weekly Technical Trader reports. After running the screen, I eyeball the charts for the best risk/ reward setups for swing trades. Then I put them on the chart pick list with close out trigger formulas and track them every week from their opening to their dump off point.
Here’s today’s raw screen output. Wow. 3 buys and 24 sells. That’s an absolute flip from the overwhelming preponderance of buy signals the past few weeks. Although yesterday there were 11 buys and 17 sells.
| Symbol | Buy | Sell | 500 | 200 | 125 | 50 |
| CLDR.K | 1 | 0 | 0 | 0 | 1 | 0 |
| FTV | 1 | 0 | 0 | 0 | 1 | 1 |
| WPRT.O | 1 | 0 | 0 | 0 | 0 | 1 |
| ABBV.K | 0 | 1 | 0 | 0 | 0 | 1 |
| AU | 0 | 1 | 1 | 0 | 0 | 1 |
| AY.O | 0 | 1 | 0 | 0 | 1 | 0 |
| BBY | 0 | 1 | 0 | 0 | 0 | 1 |
| BJ | 0 | 1 | 0 | 0 | 0 | 1 |
| CPB | 0 | 1 | 1 | 0 | 1 | 0 |
| CERN.O | 0 | 1 | 0 | 1 | 0 | 0 |
| CHFS.O | 0 | 1 | 0 | 0 | 1 | 0 |
| CWEN.K | 0 | 1 | 0 | 1 | 0 | 0 |
| ENIA.K | 0 | 1 | 1 | 0 | 0 | 0 |
| FEYE.O | 0 | 1 | 0 | 0 | 0 | 1 |
| GSK | 0 | 1 | 0 | 0 | 0 | 1 |
| IBN | 0 | 1 | 0 | 0 | 0 | 1 |
| MAC | 0 | 1 | 0 | 0 | 0 | 1 |
| MBT | 0 | 1 | 0 | 1 | 1 | 0 |
| MOMO.O | 0 | 1 | 0 | 0 | 0 | 1 |
| MNST.O | 0 | 1 | 0 | 0 | 0 | 1 |
| NRG | 0 | 1 | 0 | 0 | 0 | 1 |
| PCG | 0 | 1 | 0 | 0 | 0 | 1 |
| PGR | 0 | 1 | 0 | 0 | 1 | 0 |
| PEG | 0 | 1 | 0 | 0 | 1 | 0 |
| REGI.O | 0 | 1 | 0 | 0 | 1 | 0 |
| TMO | 0 | 1 | 0 | 1 | 0 | 0 |
| TRU | 0 | 1 | 0 | 1 | 0 | 0 |
| Totals | 3 | 24 |
So my next step is to look at these 27 charts. I’ll use the first symbol as an example.
Aha! There’s a reason that I need to look at these. I’m not a good enough programmer to write an algo that will weed out pieces of shit like this. I wouldn’t buy this with your money, let alone mine. Sure, it will probably bounce to 14, but then what. I want to buy (or short) things that are set up to run with the trend for a few weeks. A stock that has a short term buy signal after a massive breakdown ain’t it.
Conversely, once this POS rallies a little, it could set up as a perfect short, like if it gets back to 14 and starts to roll over. Be interesting to see if it pops up as a sell in a week or two.
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