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.)
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For these 5, the question is: Do you want a Big Bank or a Tiny Bank? If Big: RILY or MCB if Tiny: LEVL or MRKB.
If you already have a bunch of banks, then your only choice is FTLFD (that's what I like, and that's why).
That said, it's really hard to say Fit Life is a good pick, since it's so so tiny of a company, and the information on it is scant. I'd pick it, but hopefully after some vetting is done to make sure the numbers they've achieved so far are for real, and not just smoke and mirrors. On the surface, and by the chart/finances they look like a rocketship on the way to the moon!
However, if that's not the pick I'd say RILY is the best of the banks. It's the least mortgage-linked (and so less linked to the other RE/mortgage bank stocks we already own) and so a better fit with the rest of the $$MM stock portfolio.
And MCB has the best 1 year chart.
Tough to call, but for me:
1) FTLFD
2) RILY
3) MCB
4-5) tied: LEVL and MRBK
For what it’s worth, my pick would be RILY with a caveat. The revenue and earnings growth for RILY have been spectacular, but the caveat is that I am not crazy about the current charting pattern for an entry. It’s in a sight pullback after a recent high, but the topping tails are a little worrisome and there is very little support at current price levels. This could easily pull back to its base around $75 depending on the market, which has been a bit testy of late.
As for the other stocks, they are all too low in volume for me to recommend. I don’t trust low volume stocks to follow charting patterns because a single large order can skew everything. Exiting them can be tricky too, especially on a slow day. I recently day traded a low volume stock with a decent size order, and it was very difficult to get myself extricated without driving the price down because there simply weren’t enough buy orders. I should have know better than to day trade a low volume stock like that, but I liked the pattern. I won’t make that mistake again.
My pick is MCB based on market cap, earnings and sales projections, and a fine looking chart. FTLFD is too small for a HUGE ONE pick. LEVL, MRBK, RILY are a tossup.
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