Thomas and all,
Earlier in October most of you probably saw the news from IBD about adding new features to their stock tables. I've spent very little time with all of it, but intend to get deeper into it.
Following TC's "new rules", it think this might be helpful. I just ran a quick scan of all stocks, looking for new 52 week price highs accompanied with new 52 week OBV highs. Stocks priced between $8 and $80. That scan produced 29 hits.
I then took that list and scanned IBD's new ratings against my list. The "new" ratings are: EPS, RS, Ind Grp RS, Sls+Prft Mgns+R.O.E., and Accum/Distrib. IBD suggests to throw out anything with a rating below 80 80 BBB (A is best, E is worst). These are the best of my scan for new price highs:
AAPC 90 90 B A A
BOOL 92 95 B A A
METZ 99 97 B A A
NLCS 87 98 B B A
STB 89 96 B A B
SUNW 94 96 A A B
These should be put on the radar screen (as Mskihntr says) and watched closely. If the market is going to turn up here for another bull run, these might be the ones to lead the run.
As usual, do your own DD.
Congrats on the article, Thomas. Nicely done.
Ken |
