For months, the Godly folks at iBC have been developing a service that will auto rank stocks and screen them, using select parameters (things I deem important). Like I said before, this software, whenever we are done tweaking it, will replace my brain, effectively rendering me useless. You can kill me and no one would care, basically.
Anyway, the formula is sort of complex and will get even more complicated, the deeper we get into it. I’ll show you what the system is saying about each Dow component in a second. Before I do, just know, these are NOT recommendations. The purpose of the software will be to identify strong stocks and protect the user from buying retard names. As a point in fact, many of my positions are marked as “Sells” or even “Strong Sells.” Reason being: it rewards strength. Bottom fishing in stocks is always a risky endeavor, but can be quite rewarding if timely. Nonetheless, it is not for everyone and should not be practiced by rookies.
I will get the system to spit out potential bottom fishers too, in special screens. However, overall, it will identify healthy stocks.
We are using Price Performance, Relative Strength, Accumulation/Distribution, Volume and Volatility to rank securities. Eventually, it will include factors such as oil, gold, natty and bond price movements too.
1-2: Strong Sell
2-3: Sell
3-4: Buy
4-5: Strong Buy
| Dow 30 | Rank | Recommendation |
| IBM | 3.05 | Buy |
| CVX | 1.95 | Strong Sell |
| XOM | 1.75 | Strong Sell |
| MMM | 1.95 | Strong Sell |
| PG | 3.4 | Buy |
| JNJ | 3.2 | Buy |
| CAT | 2.05 | Sell |
| UTX | 2 | Sell |
| BA | 1.9 | Strong Sell |
| MCD | 3.1 | Buy |
| WMT | 2.45 | Sell |
| KO | 2.4 | Sell |
| DD | 2.2 | Sell |
| HPQ | 2.25 | Sell |
| AXP | 2.5 | Sell |
| JPM | 2.05 | Sell |
| MRK | 2.1 | Sell |
| VZ | 2.05 | Sell |
| DIS | 2.7 | Sell |
| AA | 1.55 | Strong Sell |
| T | 1.55 | Strong Sell |
| BAC | 2.8 | Sell |
| GE | 2.2 | Sell |
| MSFT | 1.6 | Strong Sell |
| HD | 1.9 | Strong Sell |
| INTC | 3.1 | Buy |
| AIG | 1.85 | Strong Sell |
| PFE | 2.5 | Sell |
| C | 1.3 | Strong Sell |
| GM | 1.55 | Strong Sell |
It seems like the stocks that are near 52 week highs are a buy and the ones near a 52 week low are a strong sell. Wow! I could never figure that out without the mighty ENIAC software. Does it spit out the resutls on Hollerith cards? 🙂
You’re patently idiotic.
And, you have no clue.
It does a lot more than that.
Nonetheless, common sense dictates stocks near 52 week highs are there for a reason. There will be fundamental analysis to overlay the price action data.
Why am I explaining this you “Fltersnatch”?
Buzz off.
Come on.. you can say it..go ahead tell me to fuck off.
I will say Sir. Fly, I was certain I could bait you into a swear word or two. A most excellent exhibition of restraint.
Does the new software include such factors as “THE BERNANKE” or “PAULSON” indicators. How about the “CRAMER EFFECT” indicator, that should be considered as well.
Good Trading.
HPT
The column labled “recommendation” does not show a recommendation. Got it.
They are rec’s from the system, not from me.
You might find the system to work perfectly fine, w/o human intervention.
Boy, I wish I could curse right now.
Some stocks off 52 week high list (note: not all stocks receive high grade)
last_trade fifty_two_wk_high ticker score
44.61 45 aap 3.85
173.25 176.45 acl 3.2
22 22.01 agl 2.75
17.8 18.16 aimc 3.4
11.36 11.47 aiq 3.5
65.28 65.02 amgn 3.6
49.09 48.11 apei 3.15
51.95 52.08 aph 3.55
24.52 24.52 arow 4
3.01 3 atsi 4.05
41.96 42.75 auxl 4.25
22.99 23.38 ava 3.45
10.05 1.9 avnx 2.4
9.25 9.35 axg 2.75
7.46 7.55 aya 3.1
48.84 48.95 banf 3.5
69.97 71.15 bax 3.2
76.66 76.64 bec 3.5
16.18 15.88 becn 4.15
15 15.29 bfc 3.5
34.71 34.88 big 2.6
12.1 12.32 bkmu 3.2
12.12 12.28 bncl 3.75
14.83 14.918 bnt 3.3125
14.73 14.83 brf 3.5
68.04 68.15 brl 3.45
68.19 68.58 bud 3.5
7.66 7.7 bus 3.3
14.35 14.6 bwl-a 4.3333
12 12.22 bwy 3.4
Seems a little strange to me that MSFT and DIS is a strong sell. This machine of yours, but be counting on a deep dark nasty recession.
GM should be given a special rating of its own … “Strong sell short”
For inputting extra data like gold/oil/bond-prices/etc. I’ve heard that k-means is fantastic to bucket correlations together.
Or if you’re a lazy bitch and just want the straight correlation numbers (w/o any fun bucketing), someone already did it (Firefox users for some reason need to turn off some security in their preferences).
You are either an insomniac, or not in your usual timezone. Think about some sleep, Mr Fly. In my current timezone it is 10:15 am.
Haileris:
We are going to use that. Thanks.
Remind me to spare you when I conquer the planet, else I might kill you like everyone else.
I am up because I am working.
Gas, natty, dollar?! Sweeeeet! Correlation trading is the way. That’s a great idea Fly, patent that now. I’ve tested so many models already and its an effective variable. I have yet to see a stock-picking software that uses that in its algorithms.
BTW, I plugged in some other stocks that I track:
BABY 3.2
AFAM 3
CALM 3.4
ISYS 3.4
… nice! These are high up my buy list. Still, its not as good as BNCL which scored a 3.75. The PPT is a Russian Olympic Judge… refuses to give out 4s or 5s!
I also noticed that all the Ag stocks are ‘strong sells’, posting 1s. Lol. I guess your algorithm is heavily influenced by RSIs.
Very good software Fly, I will definitely be looking forward to using this.
Fly,
you are re-inventing the wheel.
You can get that software from free online,
why yours is better? are you going to give us advices like this one?
http://www.ibankcoin.com/woodshedderblog/index.php/2008/07/30/dont-think-buy-gld/
When will the Godly service debut? Per you list above in the comments section; it needs some tweeking to weed out stocks that trade too thinly (brf, bus,aya,axg) or that have received bids (BUD, BRL).
=====================
On another note: According to the latest Commitments of Traders report, the Dollar has become quite a focus of speculators. Both large and small specs have moved to an extremely aggressive net long position in the USD. Close to their largest exposure to the US Dollar ever; the only other time they reached more of an excess was June and Oct 2005.
There’s also renewed enthusiasm in public opinion towards the USD, and there are huge inflows to the Strong Dollar fund at the Rydex mutual fund family. If these indicators work in their typical contrary fashion, then it should mean some trouble nearby for the Dollar, which may translate into trouble for the stock market as well as a commodity bounce.
Very interesting, good work, look forward to using it.
Will it also rate the larger ETF’s?
” Some stocks off 52 week high list (note: not all stocks receive high grade)”
Fly: I was just fuckin with ya! I am sure your commodore64 is computing its ass off.
The nice thing about a paid-for premium service is that most of the troll-types would disappear. I would pay a monthly fee not just to get the excellent services of ibc bloggers and software but also to not have to deal with asshats.
Is there going to be a test? Lots of #’s and graphs and shit…
I miss the days of shorting Fat Mountain Bitches just because….Chinese Lotto….NTRI and BWLD on earnings.
HaHaHa The Fly is getting old before our eyes…you know banking lots of coin will do that to you. What are you like 33 now.
Five buys and not one strong buy. IMO even that is being generous.
I for one welcome our new stock-trading robot overlords.
For Godly Service, I tip 8%.
Boca, it doesn’t appear to be working for ETFs.
Fly, I thought you hated technical analysis? This system completely neglects the fundamentals. What’s with that?
What does the PPT software/Fly’s brain say about NOK?
Boca,
NOK, 2.5 = Sell
Thanks RC 🙂
-Support for ETFs will be available upon release.
-Users will be able to define their own screens, as well as define their own scoring algorithm(s). That being so, the ability to filter out stocks beneath a user-defined market cap threshold, for example, will be available. Built entirely from scratch, the service will afford the user total control — not only to tweak The PPT’s algorithms, but define his/her own algorithms from the ground up.
-While the web-based “software” IS technical in nature, the PPT itself will be a marriage between the “software” and the stock picks / expertise of the PPT’s columnists.
-In addition, we’re working on parsing news headlines in such a way that scores will reflect important fundamental developments. As one can imagine, this isn’t trivially simple.
-Woodshedder is a homo hammer lover.
Fly (et al),
Very cool…Thanks
It sounds excellent Fly, can’t wait.
Woodshedder is ok though, and he told me he does not love homo hammers in the slightest.
pretty cool stuff you’ve got there, fly.
here’s a little something for your troubles
What the fuck is this.. we are joining up with the IBD scum? What the hell is your point, Martay? You are beating the market and now you want to switch from what is working. I see your hits, and you do not need a robot to correct them. When vulcan and pot are running away from you, stop the fuck averaging up and put a trailing stop on the shit – period. I got caught with the bullshit as well, not trying to put it in your face. If I wanted the IBD and Vector Vest crap, I would go there. Here I want to see your raving lunacy, as well as that of MInute Maid and Jakey and the rest of the reprobates. This IBD shit will get the chain pulled like the old portfolio insurance, as soon as the default swaps get flushed. I know about trading prices, and I hate doing the shit. Fifty trades a day just to stay with the PPT shenanigans. Their day is coming, the Fannie and Freddie communilization was the last load of crap they were going to pull. The BNP, the BSC was strike two. They are out of strikes. Uncle buck is doing the lifting but that trade stops by November 4.
You realize that this puts us all at risk of becoming “L’Andrew-type” zomboids, should you be hit by a bus*.
I sure hope there’s a “Festival” escape valve on that thing too, Brother.
_____
*God forbid.
_
Calvino:
To hell with iBD.
This will be far more complex and have the touch of human intervention.
And, since I am creating it, with the help of Vincenzo, is will be Godly.
BTW:
This does not mean I will stop shorting LEH.
Stay tuned.
NOTE: LEH gets a score of 1.15
How about HCBK? The bank stock you keep ignoring. It’s the only one worth owning, if you really must own a bank stock.
-DT
Soros vs. Senor Fly – I like it! Senor Fly is very very clever but I don’t know about Vincenzo.
“Hell” is swearing. Prematurely.
What is the average holding time for buys and strong buys? I’m assuming the system is designed for swing trading, correct? Or do the buys and strong buys have a longer life span?
Fly,nice job turning this site into a fucking Morningstar.How many stars do I get for that?Pussy!
For the people who have retarded things to say, I am never amazed at the level of rubishness displayed on this site.
Most of you have no idea what you are doing and need the help of psychotropics to help you tie your shoes correctly.
As for the system:
Lots of details will be forthcoming.
We will have swing trade screens and longer term. The primary /default ranks are for longer term trends. But, within it, acc/dist plays an important factor.
Cost?
HCBK
score 2.95
price_performance 5
accumulation_distribution 1
relative_strength 4
volatility 1
volume 2
DSB
Not decided, as of yet.
DSB, you see it coming too.Ive got Morningstar already.lol
Fly,
Mastercard Acc/Dist is way up since july 15th. It seems the request line is open tonight so how does MA rank?
MA
score 1.9
price_performance 1
accumulation_distribution 3
relative_strength 2
volatility 4
volume 1
Have you used FusionIQ? How would you compare/contrast with that service?
I like the news headline idea. Anything more than just mashing together technical indicators in various combinations is a definite plus for any service.
I have thought about the news articles myself, one idea I had was to get a big historical feed of news articles and classify each one based on what the stock(s) mentioned in the article did after the article was released (i.e., did they make statistically significant moves up or down, or big moves vs. their peers, or vs. the market, in a certain period of time, whatever). Then use the articles to train a semantic analyzer, like a Bayes filter. Then you could classify new articles in real-time.
The fun part was that this could be implemented with an off-the shelf email spam filter, just tell the filter that the “bearish” historical articles are spam.
Never did anything with it … figured it was an obvious idea. Googling for “bullish bearish bayesian” shows a few hits.
That feltersnatch comment is hyyyysterical gotta give it up
Damn MA sucks!!
Howard is no longer in my good graces.
Off for a late night drive.
A stock screener?
The Fly has lost his fucking mind.
I want my time machine back.
Yes. A screener.
The stark reality is: I spend countless hours manually fishing through weak screens.
On average, I spend 3 hours per day, looking through stocks.
This will cut my research time to minutes. Trust me, it will be great.
IBC will never be the same.Nothing stays the same.I guess Im old school. If its not broke,why fix it.Fuck it.Well, time for a shot of Patron and cold Steinlager.Aloha
emo
Heres a big bullish rally for Howard! Hip Hip Hooray!
There will be an overlay on top of price action, giving weight to fundamentals.
Does the software come with a money back guarantee? Unless you do an informercial or something, I won’t buy.
I want to see all the iBC bloggers on CNBC at 3:00am, pitching this thing.
Anyway, thanks for the read on HCBK. I like the way it spits out different scores for different indicators.
-DT
http://www.debka.com/headline.php?hid=5513
The hair trigger into global conlagration (ww3), gets hairier, by the day.
War is bullish, buy stocks. World Wars are (to steal a Sheddism) “DON’T (even) THINK, Buy Stocks!”.
Juice, I’d be laughing, except the implications of that article are pretty grave.
ducati:
http://wondermark.com/comics/434.gif
ducati:
I think Mr. Fly meant to imply that all of the hard work on The iBC Machine is finished and it is “all downhill” from here. Hence, the reference to “peak”.
If Mr. Fly had actually provided us with free, beta-testing subscriptions, that would justify “peek”.
Vincenzo spills salad dressing on everything he touches.
Duc — It’s a perfectly reasonable usage.
This is merely an early pinnacle, soon to be surpassed by Everestian later iterations.
If it were the true acme, he’d have let you know.
_____
duc, Peak was a play on words no?
but how’d you miss this one?:
“For the people who have retarded things to say, I am never amazed at the level of rubishness displayed on this site.”
DT …. Michael Price likes SOV:
http://www.bloomberg.com/apps/news?pid=20601213&refer=home&sid=a57Gqx3lxcc4
Fly …. what’s your Godly Service say about WFR & BRCM?
ticker wfr
score 1.5 (Strong Sell)
price_performance 1
accumulation_distribution 1
relative_strength 1
volatility 3
volume 3
ticker brcm
score 3.35 (Buy)
price_performance 5
accumulation_distribution 4
relative_strength 2
volatility 4
volume 2
Thanks ole wise one!