iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

Finding a Sharp Edge to Jump From

Wouldn’t you agree that to have information at one’s finger tips provides the person with an advantage? It goes without saying that information is vital when it comes to investing, knowing what stocks to buy, why and when.

Out of the thousands of stocks traded, don’t you think it would be useful to know what stocks correlate best to a market bounce and precisely what sectors and stocks outperform most?

This is an obsession of mine. I don’t always play the stocks I gawk at, even though I probably should since the stocks I talk about most (APKT) tend to outperform the one’s I actually own. Enough of my curse.

The PPT is not oversold yet. However, the Overall Hybrid score dropped by 15% today, putting it in the top 20 drops of all-time. A number of stocks swung to oversold today, measured using both technicals and fundamentals. Fundamentals can flag OS or OB signals only when valuations become so extreme that it weighs heavily on the Hybrid score.

The following stocks were flagged oversold today and posses excellent track records. Moreover, they correlate well to the overall market. So, should we get a bounce in stocks, these stocks are more likely to outperform others, barring a news event that shifts the paradigm.

PPT members can access full screen here.

VRNG
TOL
HRS
MTH
EXK (strong Feb seasonality)
LEN
HW
IDXX
RPRX

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5 comments

  1. JTU

    ELLI – What’s going on with this stock? Most analysts have upgraded the stock to between 28.00 and 33.00 and yet the stock is down 29% YTD!
    Last quarter they raised guidance.
    What am I missing?

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    • The Fly

      ELLI is trading like insider infor has been leaked

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      • Heaterman

        No Way!!
        That happens in real life? Not just the moving picture shows?
        What is this world coming to?

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      • JTU

        I fired them off an email accusing them of leaking information and warned them that I am about to press charges if we don’t get a reversal of fortune soon. This kind of abuse cannot continue to go unpunished!

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        • 0 Deem this to be "Fake News"