I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Fundamentally it seems to be sounder than the other 4.
Firstly insiders own 15%, nice to have the owners involved.
ROE is over 20% not as good as TJX but better than the rest.
Profit margins are 8.5% beaten handily by V
PEG ratio is the best of the group.
The definition of a downtrend is stocks making lower highs and lower lows. Every one of the picks is doing that.
If I were forced to buy at this time GNC would be my pick. But as no one is holding a gun to my head I wouldn’t commit any new capital to the market at this time. I know you are supposed to buy when there is blood in the streets however none of these guys are bloody enough to be considered a real value at this time and as for momentum, well right now the trend is down. I’d just as soon sit on my cash and wait and see.
It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
Comment