Here is the list for the week of July 28. It is comprised of stocks passing at least three of the five filters. It seems to me that both the number of stocks passing the weekly list and the number of stocks in the IBD Supply/Demand list are shrinking.
Symbol | Top Ranked | Zacks | PEG | SuppDem | VL | IBD Stock checkup |
ARO | 1 | 1 | 1 | 1 | A+ | |
MOS | 1 | 1 | 1 | 1 | A- | |
AXYS | 1 | 2 | 1 | A+ | ||
FLIR | 1 | 2 | 1 | A+ | ||
RIMM | 1 | 1 | 1 | A+ | ||
WAB | 1 | 1 | 1 | A+ | ||
ACI | 1 | 1 | 1 | A | ||
ESV | 1 | 1 | 1 | A | ||
HAL | 1 | 1 | 1 | A | ||
JOYG | 1 | 1 | 1 | A | ||
NOV | 1 | 1 | 1 | A | ||
POT | 1 | 1 | 1 | A | ||
GDI | 1 | 1 | 1 | A- | ||
MON | 1 | 1 | 1 | A- | ||
XLNX | 1 | 1 | 1 | A- |
GLW, KEX, BIDU, and PCLN are off the core list. There are no new stocks on the core list.
Core list (with n of 10 weeks passing):
Symbol | Passing weeks | Earnings |
AXYS | 10 | |
JOYG | 10 | Earn 4-Sep |
MOS | 10 | |
POT | 10 | |
RIMM | 10 | Earn 25-Sep |
HAL | 10 | Earn 20-Oct |
NOV | 10 | Earn 29-Jul |
BUCY | 9 | |
RIG | 9 | Earn 6-Aug |
ACI | 9 | |
FLR | 9 | Earn 11-Aug |
MON | 9 | Earn 8-Oct |
CSX | 8 | Earn 14-Oct |
ESV | 8 | Earn 23-Oct |
GDI | 8 | Earn 22-Oct |
FTI | 7 | |
NBL | 7 | Earn 30-Jul |
VMI | 7 | Earn 15-Oct |
XLNX | 7 | |
KWK | 6 | Earn 6-Aug |
MA | 6 | Earn 31-Jul |
SWN | 6 | Earn 30-Jul |
CF | 6 | |
BRY | 5 | Earn 30-Jul |
MANT | 5 | Earn 30-Jul |
NETL | 5 | 5 |
ARO | Earn 21-Aug | |
moving down this week | |
moving up this week | |
new this week |
I am reading through Van Tharp's other trading book, Trade Your Way to Financial Freedom. The notion that he keeps driving home is one of Expectancy, which should be the amount that you would expect to make on a given trade. It will take into account both
- differences between average wins and losses and
- frequency of wins and losses
The Market remains in Red Light mode according to the 1-2-3 model. It has moved back to three stars in the inflation model ("Inflation Danger"), the same as last week. Enjoy your trading this week, but keep your eyes peeled.
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