Market Monitor | stockbee

3/05/2007

Market Monitor

Market is likely to bounce here. Some of the technology stocks are showing some signs of stabilisation. Because most would treat attempt at bounce with skepticism, the bounce might have some legs.


Market Monitor

Total 4% plus bullish breakouts=26
Total 4% plus bearish breakouts=426
65 day bullish/bearish ratio= 493/449
Stocks up 50% or more in a month=7
Stocks up 25% or more in a month=41
Number of stocks with 100% plus move =233
Number of stocks up 200% or more = 42
4% plus signals for 100plus universe=4
4% plus signals for 200plus universe=2

Select stocks which had 100% plus move in last 260 days from the low and which are up more than 4% on higher volume. Today's minimum volume is above 100000.

AMIE,Ambassadors Internat Inc (Google  Yahoo  Earnings  Chart
CNST,Constar Internatl (Google  Yahoo  Earnings  Chart
CRYO,CryoCor Inc (Google  Yahoo  Earnings  Chart
EGHT,8x8 Inc (Google  Yahoo  Earnings  Chart

2 comments:

markad said...

Hi! Have been reading your blogs for a few days. Thank you for your insights and sharing your investment methodology. It has made me think clearly and makes so much sense. Hope you do not mind if I ask a few questions. I would like to develop my own database. Perhaps I can learn from your experience:
a. I was wondering if you use commerical database software or self-designed. Same question for data mining. Do you get all price your data from Worden?
b. Do you subscribe to the sales and earnings data streams or buy it at the end of a quarter or update your databases yourself (time consuming) or download it from someother free sites, if any.
c. You have mentioned you invest your family's money in mutual funds. Are they cost effective, esp. since you have so much "in-house" talent and expertise. Just curious, as to why you are paying for professional advice especially when your methods surpass those of Fidelity managers. Is to mainly to separate your 'discretionary funds' from family's asets?
Thanks in advance.Much appreciated. Keep up your good work.

Pradeep Bonde said...

Having your own databases improve your trading in my opinion. Atleast that has been in my experience.

a) Both software are custome designed for my needs.
b) I build sales and earnings data on a limited slice of the market myself. It is time consuming but at the same time researching it finds me my 10% plus risk kind of plays.
c)Some acounts like 401K have no options but to use mutual funds. Plus in the Indian market few years ago before everyone and his mother- inlaw had discovered the market, there were handful of mutual funds trading substantially below their NAV.