Originally posted at Capitalstool.
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.
Today’s raw screen output has 7 buys and 49 sells. That’s more than yesterday’s 3 buys and 24 sells. However, 5 of the 7 buy signals were inverse ETFs. Therefore, 54 of the 56 signals were bearish. It’s enough to suggest downside continuation, but not enough to suggest widespread downside thrust that would result in an extended decline.
| Symbol | Buy | Sell | 500 | 200 | 125 | 50 |
| DMTK.O | 1 | 0 | 0 | 0 | 0 | 1 |
| DUST.K | 1 | 0 | 0 | 0 | 1 | 1 |
| PPL | 1 | 0 | 0 | 0 | 1 | 0 |
| PSQ | 1 | 0 | 0 | 0 | 0 | 1 |
| SQQQ.O | 1 | 0 | 0 | 0 | 0 | 1 |
| KOLD.K | 1 | 0 | 0 | 0 | 1 | 0 |
| QID | 1 | 0 | 0 | 0 | 0 | 1 |
| TWOU.O | 0 | 1 | 0 | 0 | 1 | 0 |
| AEM | 0 | 1 | 1 | 0 | 0 | 0 |
| LNT.O | 0 | 1 | 0 | 1 | 0 | 0 |
| AAPL.O | 0 | 1 | 0 | 0 | 1 | 0 |
| APTV.K | 0 | 1 | 0 | 0 | 0 | 1 |
| AZN.O | 0 | 1 | 1 | 0 | 0 | 0 |
| AYRO.O | 0 | 1 | 1 | 0 | 0 | 0 |
| ELY | 0 | 1 | 0 | 0 | 0 | 1 |
| CVNA.K | 0 | 1 | 0 | 0 | 0 | 1 |
| CDAY.K | 0 | 1 | 0 | 1 | 0 | 0 |
| CHTR.O | 0 | 1 | 0 | 0 | 1 | 0 |
| CTXS.O | 0 | 1 | 0 | 1 | 0 | 1 |
| CLX | 0 | 1 | 0 | 0 | 0 | 1 |
| KO | 0 | 1 | 0 | 0 | 1 | 0 |
| APPS.O | 0 | 1 | 0 | 0 | 0 | 1 |
| NUGT.K | 0 | 1 | 0 | 0 | 0 | 1 |
| QYLD.O | 0 | 1 | 0 | 0 | 0 | 1 |
| HUN | 0 | 1 | 0 | 0 | 0 | 1 |
| NTLA.O | 0 | 1 | 0 | 0 | 0 | 1 |
| INTU.O | 0 | 1 | 0 | 0 | 0 | 1 |
| TAN | 0 | 1 | 0 | 0 | 1 | 0 |
| NVTA.K | 0 | 1 | 0 | 1 | 0 | 0 |
| SHYG.K | 0 | 1 | 0 | 0 | 0 | 1 |
| HYG | 0 | 1 | 0 | 0 | 1 | 0 |
| IVW | 0 | 1 | 0 | 0 | 0 | 1 |
| JAN.O | 0 | 1 | 0 | 0 | 0 | 1 |
| KLAC.O | 0 | 1 | 0 | 0 | 0 | 1 |
| MSFT.O | 0 | 1 | 0 | 0 | 0 | 1 |
| NEM | 0 | 1 | 0 | 0 | 1 | 0 |
| NEE | 0 | 1 | 0 | 1 | 0 | 0 |
| OCUL.O | 0 | 1 | 0 | 0 | 0 | 1 |
| OSTK.O | 0 | 1 | 0 | 1 | 0 | 0 |
| PBRa | 0 | 1 | 0 | 1 | 0 | 0 |
| PNW | 0 | 1 | 0 | 0 | 1 | 0 |
| PBI | 0 | 1 | 0 | 0 | 0 | 1 |
| PLUG.O | 0 | 1 | 0 | 0 | 1 | 0 |
| SMAR.K | 0 | 1 | 0 | 0 | 1 | 0 |
| SEDG.O | 0 | 1 | 0 | 0 | 1 | 0 |
| SJNK.K | 0 | 1 | 0 | 0 | 0 | 1 |
| JNK | 0 | 1 | 0 | 0 | 1 | 0 |
| SPYG.K | 0 | 1 | 0 | 0 | 0 | 1 |
| TMUS.O | 0 | 1 | 0 | 0 | 1 | 0 |
| XLK | 0 | 1 | 0 | 0 | 0 | 1 |
| TBIO.O | 0 | 1 | 0 | 0 | 1 | 1 |
| ANGL.O | 0 | 1 | 0 | 0 | 1 | 0 |
| VUG | 0 | 1 | 0 | 0 | 0 | 1 |
| WIT | 0 | 1 | 0 | 0 | 0 | 1 |
| HYLB.K | 0 | 1 | 0 | 0 | 1 | 0 |
| ZTO | 0 | 1 | 0 | 1 | 0 | 0 |
| Totals | 7 | 49 |
Here’s a sample chart of one of the sell signals, AAPL, a new hot stock that no one has ever heard of and isn’t widely held by institutions.* This is not a recommendation. In fact, it’s trading just above the cycle line that roughly corresponds with a 200 day MA. If it’s headed for a breakdown, there should be some bouncing around first. In the short run, that might mean 3-6 points of downside.
Click to view full size.
If you’d like to follow the weekly chart picks that I select from these screens, click here.
- Snark
