Big Mo mixes in a little value

This is a brief post to present one of our custom stock screens.

We look to our Trend Leaders and Bollinger Band Breakouts as sources of stocks and ETFs with superior momentum. We look to our Cash Flow Kings to find stocks exhibiting an element of value. Combine the two and our Big Mo screen now shows those stocks with both solid fundamentals and rising prices.

The table below lists seven stocks with strong momentum based on daily data. Note that our Trend Leaders consist of stocks in strong up-trends based on Aroon, MACD and DMI. Combined with the kind of surging prices that generate Bollinger Band Breakouts, these stocks are definitely exhibiting leadership. Given the high cash flow yield each has, these stocks would appear to be solid candidates for your watchlist.

Symbol	Name	Last Price	Market Cap
ACF	AMERICREDIT CORP.	$12.71	$1,688,000,000
ANF	ABERCROMBIE & FITCH CO.	$30.11	$2,641,000,000
GNK	GENCO SHIPPING & TRADING LIMITED	$26.15	$829,200,000
NBG	NATIONAL BANK OF GREECE	$5.71	$13,995,000,000
NOA	NORTH AMERICAN ENERGY PARTNERS, INC.	$6.91	$249,000,000
TD	TORONTO DOMINION BANK	$50.91	$43,207,000,000
EXPE	Expedia, Inc.	$17.31	$4,989,000,000

Disclosure: none

Comments

Time to be conservative with your 401K

Most of the posts I and other financial bloggers write are typically focused on individual stocks or ETFs and managing active portfolios. For those folks who are more conservative investors, those whose main investment vehicle is a 401K, for example, the techniques for portfolio management might be a little different. The news of stock markets falling and pundits predicting recession is disconcerting to professional investors as well as to those of us who are watching our balances in an IRA or 401K sag. What approach should the average 401K investor take? Let's assume that the investor is contributing on a regular basis to one of these retirement accounts. There are two questions that the investor needs to ask: 1. Should I stop putting the regular contribution into stocks? My feeling is that investors making regular contributions are being handed a present by the markets. Every week the market goes down, these investors are lowering their average cost. When markets reco...

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation ...

The Trouble with Trend Reversal Indicators

Many of us use various trend reversal indicators to time our trades. Our desire is to determine when prices have changed direction so that we can ride the new trend. Why doesn't it always work out? The first reason, of course, is that unforeseen events often drive prices in unexpected directions. That is something we can't change and it often makes all of us technical traders crazy. On the other hand, sometimes an unforeseen event is a prelude to a new trend. A stock spikes up on a what seems to be a one-time piece of good fortune and soon falls back. Does it start making its way back up or does it resume a previous down trend? The conflict within trend reversal indicators is that, though they can definitely tell when prices change direction, they suffer from two problems. One, they often can't determine how significant that move in prices actually will be. Two, they are often lagging indicators. As such, they can be late in providing a signal, sometimes leading the investo...

the Trade-Radar + TradingStockAlerts blog

Search This Blog