The Fly will likely kill me for giving out so much free information, but let’s go ahead and take a look at the overall hybrid score inside The PPT.

Here’s a screenshot of the market data box within The PPT that shows the Avg. Hybrid Score. As you can see the score is 3.23

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What does this mean? Well, first you need to be aware of what the ranges are:

To be oversold, the average score must be under 2.60.

To be overbought, the average score must be above 3.20.

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When I see a reading above 3.20, I view it as time to ease off the gas and become more selective with longs. However, just with all indicators, nothing is the holy grail, just take a look at what happened back in January after a few overbought readings:

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This is the reason, in the age of Ben Bernanke, that I prefer to use the average score as a warning, versus an all out short signal. If you are a PPT member think of this score as your very own plunge protection team that gives you warnings when to raise cash, and gives you clues when to buy blood.

Right now the score is 3.23, take it for what it’s worth.

Note: The hybrid divergence I pointed out last last week played out perfectly.

Industry Movers sorted by weekly change in hybrid score:

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Stocks that saw the largest jump in hybrid score on a weekly basis:

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There were 119 stocks that had a 25% or greater jump in hybrid score for the week, the charts can be found HERE. The full screen can be found by PPT Members HERE.

Tickers of interest include:

ZNGA, ACI, NVDA, USG, COG, YOKU, HP, QCOR, JRCC, BPZ, RPAI (CHARTS)

Here’s a look at the top 100 ranked stocks in The PPT. I’ve left the screen in natural form, leaving small caps and low floaters in the mix. The screen results have been imported to finviz for your viewing pleasure and are sorted by volume not ranking:

CLICK HERE FOR RESULTS

Note: Members can view rankings HERE. RTEC takes the #1 spot this week.

Am I allowed to curse on this site? I have no clue now that Fly has cleaned up his act, so I’ll settle for two asterisks.

I’ve been getting the question a lot via Twitter and the comment section (what is a hybrid mover?), so I figured I should do a post. Some wonder why I post hybrid movers as today’s movers vs. the actual percentage movers. The answer is simple:

The hybrid score is a mix of the fundamental score as well as the technical score of the underlying security. There is also a sub rosa score that gets factored into the equation that is a secret recipe The Fly put together.

In this sub rosa score there are a bunch of factors that play into the score. For example, one ingredient is where the price of oil is, another is treasuries. Now I don’t want to give away the full formula, as it is top secret, but just understand it is sublime mathematical precision.

This is one of the reasons why when oil is up, you get a bunch of oil names on the hybrid screen.

The key to the hybrid screen is to pick a chart that has yet to move, but up huge in hybrid score. The algorithm is signaling things changing in favor of price appreciation whether you can see it or not. Couple that with a chart that is pleasing to the trained eye, and you’ve found a winner. This is how I found $GLUU.

The hybrid screen, in my opinion, has been the most valuable screen to my trading, and if you are a PPT member you should be paying attention to it.

Also, The PPT holds an overall hybrid score to the market which can be found at any time inside The PPT. The score can assist you with timing turns, it’s not fool proof, but does a fairly decent job. When the score is above 3.20 it is time to take profits and step to the sidelines, when the score is under 2.60, it is time to close your eyes and buy with both hands. Currently the overall sits at 2.91.

There’s no telling how long Fly will allow me to continue to post the hybrid movers screen, so while it’s here, enjoy it.

I hope this clears up a few questions.