iBankCoin
Joined Nov 11, 2007
1,458 Blog Posts

Power Dip Friday Edition: 9 Buy Signals

Finally, some weakness, and the system was barely invested going into it…That’s a good start.

Below are the 10 signals. They are ranked using a hybrid between an aggressive and conservative ranking. However, there was not a lot of difference in some of the metrics and so this iteration does not differ very greatly from the aggressive ranking. Thus, work from the middle or bottom if you would like to focus on more conservative movers.

There doesn’t appear to be much more edge gained by taking more than 5 entries in one day, so the system will be adding the top 5 positions. The system is already long VRTX and MA.

If you are even slightly curious about these setups, I encourage you to pull up six month chart for each of them. Note the pullbacks…

KKR Financial Holdings LLC [[KFN]]

MSCI Inc. [[MXB]]

Hanesbrands Inc. [[HBI]]

Lamar Advertising Company [[LAMR]]

OM Group, Inc. [[OMG]]

Aetna Inc. [[AET]]

McKesson Corporation [[MCK]]

Allergan, Inc. [[AGN]]

Norfolk Southern Corp. [[NSC]]

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