Using MarketCarpet feature.
I use this every weekend, and sometimes during the week.
On the weekends, I evaluate the Indexes, the Sectors, and my own holdings, (Favorites Lists) using the MarketCarpet. Sometimes, I'll run it on one of my Favorites Lists that has about 100 stocks that I actively follow looking for trading opportunities.
I usually want to see how the Indexes performed versus one another, or the Sectors, for the previous week; so I back it up for 6 days. Sometimes I'll take a look at the Month-to-Date performance.
As an example, if I'm currently holding gold stocks, I have a Favorites Sector List that has about 15-20 gold stocks. I might run a MarketCarpet and discover that the 3 or 4 stocks I'm holding haven't performed as well as others in the Sector, for the past week or month.
Then I might run a PerfChart with a few of these.
Something like-
stockcharts.com
Note that if you click on the small graph icons, bottom left of the display, it'll flip nicely from a line to a bar graph.
Using that, I'll cursor back a few months and evaluate the performance of my stocks versus each other and others and the HUI index and the S&P.
That helps me decide whether certain stocks have a history of outperforming others.
In 2002, I used this technique to decide on BGO.TO and ELD.TO amongst others.
I don't know if any of that helps any, Bob,
but that's how I use the MarketCarpets.
Cush |
