Here's the list for the week of June 23. I'm assuming that we've all lived through expiration week, yet again.
|Symbol||Top Ranked||Zacks||PEG||SuppDem||VL||IBD Stock checkup|
ESRX is off the core list. KWK is back on the list, after a brief (three week) hiatus. This week, I welcome these two stocks to the core list:
Core list (with n of 10 weeks passing):
|moving down this week|
|moving up this week|
|new this week|
If you don't read John Hussman, I would highly recommend him. Go here and click on the "Weekly Commentary." You'll read someone who actually displays independent thought and is able to synthesize and analyze the markets.
In this week's commentary, Hussman recommends another site, Decision Point; Carl Swenlin has received some instant "street cred" because of him. I'll have to review his fortnightly information and would like to consider devoting some of my portfolio to trading his weather vane.
I am researching trading systems, using Forex, with the help of TradeStation and a book,
Trading Systems That Work: Building and Evaluating Effective Trading Systems by Thomas Stridsman. It is a detailed process, but after the entry is decided, you spend the majority of your time deciding on exit parameters. This is probably the way it should be, as I have no control after I buy, so that's where I need to focus my energies. Right now, I am trying to determine profit targets and stop losses.
Enjoy trading this week, and be careful.