Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months.
Posts tagged All News
Microcap momentum portfolio (31-10-2024)
@visuarchie I know two such tools(both are paid) which might do the job of screening: MarketSmithIndia has filters for high Relative Strength stocks. I don’t have their subscription. I used their free screeners long time ago. Another one is The Wrap by @Tar. I am a subscriber and use it actively. They have a Stage 2 tool in which they update stocks in Stage 2 weekly. I personally use it to identify strong sectors (trends of stocks in stage 2 in a particular sector) and stocks which have just entered stage 2.
It looks something like this. This is still a long list of stocks. To identify value momentum stocks, I would identify sectors which are not hot at the moment but number of Stage 2 stocks is steadily increasing. Among them, I will identify stocks which have just entered Stage 2 (or broken out of Stage 1 base). I usually have a stoploss to weed out fake breakouts. In addition, my approach also involves studying fundamentals to gain conviction otherwise it is hard to allocate significantly to a single stock. Hope it helps.
Microcap momentum portfolio (31-10-2024)
@prateekv I went through the link and tried to understand how they go about their setup. Ruthless selling is not a problem because we do the same with our momentum strategy.
However, one issue that I foresee is to identify few stocks to check their stage. There are more than 1000 scrips traded actively. It will be difficult to run this stage analysis through all of them. We will have to come up with a shorter list for evaluation.
A Texas Judge’s Fight to Keep a High-Profile Case Out of His Court (31-10-2024)
A battle over a new rule to limit credit card late fees has spiraled into a larger skirmish about how much power litigants should have to maneuver their cases into friendly courtrooms.
Walmart Holiday Shopping Plans Are Laid Months Before Black Friday (31-10-2024)
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.