Change of leadership | stockbee

6/25/2013

Change of leadership

Corrections lead to change in market leadership. Some stocks drop out of the list as they start losing momentum. New stocks start taking over their place.

So far in this correction stocks like CBK, VIPS, GPRE, and EAC have lost a lot from the top 50 stocks with momentum.

Rest of the stocks have held up very well and in many cases you will see orderly pullbacks.

Top 50 stocks by one year anchored momentum

  1.  RVLT
  2. ACAD
  3. SPRT
  4. MTG
  5. CLWR
  6. ECTY
  7. CLVS
  8. NSXT
  9. CHCI
  10. RSOL
  11. CBK
  12. VIPS
  13. EVC
  14. GTN
  15. TVL
  16. SPWR
  17. AMRI
  18. AEGR
  19. SUNE
  20. KERX
  21. YRCW
  22. CSIQ
  23. GMCR
  24. SNTS
  25. RDN
  26. INSM
  27. OSTK
  28. HTCH
  29. NFLX
  30. TMUS
  31. TSLA
  32. ACRX
  33. ISIS
  34. TEAR
  35. JKS
  36. GST
  37. OWW
  38. XRM
  39. CYTK
  40. IDRA
  41. MNKD
  42. SVU
  43. POWR
  44. ENPH
  45. ZLC
  46. GPRE
  47. NLS
  48. EAC
  49. CONN
  50. CUR
Anchored momentum is better during corrections to find stock that hold up well. 

3 comments:

cloudsandskye said...

What is "anchored momentum?"

cloudsandskye said...

What is "anchored momentum?"

Pradeep Bonde said...

It is momentum calculated from a anchored price as against moving average. There are many ways to rank stocks by momentum and each has ts advantages and disadvantages.