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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I have already sent an e-mail to mr. Market but maybe there's someone else who can help. Is there anyone who knows where I can find a screener or the criteria for IBD's EPS rating.
rtucek,
According to IBD "EPS rating compares a company's last two quarters and last 3-5 years of growth and stability with that of all other companies. The rating number means the % of all other companies that its earnings have outperformed."
billyjoe
You are not gonna get the EXACT formula...If they let that out I'd be posting it.
But anyway...Why would you want it???...it is backward looking...The original reason people invested in cos. was for future growth...many have lost sight of that...IIC
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Just for links, uploads, and articles. Discuss the contributions on the general forum, where everyone will see the discussion, and reference to the relevant topic in this forum.
Please note:
- I know the IBD formulas as well as you, but the picks seem to perform well.
- $$$Mr.Market$$$ has changed his method, but the picks from my approximation of his former method still seem to perform well
Regards,
Karel
My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)
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