How to use the IBD Your Weekly Review (85-85)

Every Friday the IBD newspaper publishes a list of stocks under Your Weekly Review. These stocks list is a curated list of stocks with growth and momentum and extremely good source of ideas for growth investor.

David Ryan the Market Wizard who also worked for IBD earlier and developed most of its rating said this list is his main source of finding growth stocks along with Marketsmith Growth 250. All the big stock movers show up on this list during its big move. During the Minervini Master Traders seminar, I spoke to him and he said this is one scan he religiously looks at every weekend to find buy ideas. He created the scan many years ago when he worked for O’Neil.

What really is this list and how are the stocks selected. If you read the fine print accompanying the list, you will see following description:

Basically it is list of stocks with:

85 plus EPS ratings (that means they are in top 15% in relative rank in terms of their earnings growth
85 Relative Strength rating (that means in top 15% by price momentum rank )
15% of 52 week high
50 day daily average volume above 100000

Essentially it is a list of growth stocks with momentum. It is published on Friday so that subscribers can study it on weekend and create their watch list for next week.

The list is accompanied by small charts for each of the stock in the list with lot of useful information and buy points like:

sector rank
shares outstanding
composite rank
EPS rank
RS ratings
ROE
Brief business description
Annual EPS growth
PE
Daily Average volume
last quarter EPS and sales % growth
4 qtr EPS
EPS due date
Accumulation /Distribution rating from A to D
buy point and chart comment

As you can see it has ton of information packed in small chart. That information is helpful for seasoned growth investors who want to go into more details.

If you subscribe to Marketsmith, then you can generate this list daily by using a simple scan and that way you may not miss any stock that makes to the list during the week. The image above shows how you can do that in that scanner.

The best way to use this scan is for finding anticipation setups. For working people this is a good way to find growth stocks. For those looking for longer term position trade ideas this scan also gives you best of the best growth stocks. A 30 minute effort on weekend is all that you need once you understand the logic and rationale behind this scan.

How well does this scan do as compared to S&P?

The key to using it is to develop a process flow to analyse the list weekly or daily and then identify good anticipation setup and figure out your entry point and then focus on entering that position during the week if triggered.

If you are serious about making money trading then 30 minutes of weekend effort on the 85-85 list can help you find some very profitable growth stock trades.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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