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DAILY SCREENS
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| A
different stock screen each weekday with both buy and short sale
candidates each day. |
| Monday:
Accumulation/Distribution
This
screen measures the percentage change in accumulation/distribution over
the past 21 trading days . When a stock is under accumulation money is
flowing into the stock. When a stock is under distribution money is moving
out of the stock. Stocks exhibiting an increase in the rate of
accumulation are potential buys. Stocks exhibiting an increase in the rate
of distribution are potential sells or short sale candidates. |
| Tuesday:
Analyst
Ratings
An
extreme level of analyst bullishness or bearishness on a company often
acts as a contrary indicator. Stocks often receive the highest number of
analyst accolades at the top ( or end of a bull run) and the lowest number
of favorable analyst mentions at the bottom ( or end of a downtrend).
Thus, stocks with the highest analyst ratings are usually near the end of
an uptrend and stocks with the lowest analyst ratings are often near the
end of a downtrend. |
| Wednesday:
Historical
P/E Ranges
This
screen looks for stocks trading at the high and low end of their
historical P/E ratio range. Historically, the best profits have occurred
when buying a stock at the low end of its range and selling it at the high
end of its range. Stocks trading at the low end of their range are
oversold and may be considered as potential buys. Stocks trading at the
high end of their historical range are overbought and may be considered as
potential short sale candidates. |
| Thursday:
Insider
Buying and Selling
This
screen looks for stocks with increasing rates of either insider buying or
selling over the past 3 months and a pattern of either net buying or
selling over the past 6 months. Stocks with increasing levels of net
buying by insiders may be considered buy candidates, and companies
with increasing levels of insider selling are worth a second look as short
sale candidates. |
| Friday:
Earnings
Estimate Revisions
This
is a screen of stocks that have had the most upward or downward earnings
revisions over the past week. Stocks with upward revisions are
likely to experience short term (1 to 2 weeks) gains in price, while those
with downward revisions are likely to experience short term price
weakness. This is only a short term predictor of price direction. It is
not a good long term indicator of price direction since many analysts
revise estimates only after the good (or bad) news is out. |
| Saturday:
Money
Flow Indicator
The companies with the highest and lowest
money flow readings this week. This screen can be used as an early
warning signal that a trend is nearing its end, or that a new trend is
about to begin. |
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