Monday, April 29, 2013

Update for Monday, 29 April

.
The new combined leader list can be found here.  As usual, the list is sorted with the best Effective Volume stocks at the top, going into Monday, April 29th, and descending down to the worse timing.  All these stocks pass a rigorous screening and my view is that they are all worthy of investment.

My holding period is several days to weeks, and in some cases, months.  I make no representations as to trading these stocks on a short term basis -- I do not perform analysis on this time frame and my timer systems are not tuned to short time frames.  In other words, your on your own.

For those of you who know how I screen, here is the "green table" (as it's become known).  Not all the stocks in the combined leader's list is here due to screen capture limitations, but the best for timing entry are presented:


As with all my blog images, right-click on the picture to open in a new tab or window so you can scan the details.

Column descriptions are to be found here.

As a group, e.g., a mini-index, the behavior is solid but range-bound:


This suggests that we are losing our ability to make new highs, and although I'm still on a long signal overall, expecting all these stocks to continue to climb would be rather foolish.  We *can* expect the individual stocks to outperform as well as underperform the chart above, and this is why timing with Effective Volume is important.

Regards,

pgd

Thursday, April 25, 2013

13APR24-Timer Indicates "New Long" into the Markets

.
With the close of markets on Wednesday, April 24th, my GGT timer has confirmed a move into the markets on the long side.  Shorting stocks or trading contra ETFs should be avoided if your time horizon for holding is typically longer than a couple of weeks.


As you can see, we're prone to whipsawing right now so the level of commitment into equities is subjective.  I am only placing orders for GGT securities which are "long" rated, and have a strong preference for GGT securities which are showing a cash-strength of +4 and/or favorable effective volume (www.effectivevolume.com) and/or are flashing a "New Long" status.

Daily updates of stocks on my list, along with their recommendations, are available if you send me an email to pduncan [at] VT [dot] edu, editing the syntax as necessary, and place the word "Dropbox" in the subject field with nothing else in the subject.

For those of you who are familiar, there are a number of leading stocks who should be on your watchlist.  My scan of this universe produces the following table:


Right-click on the image to open in a new tab or window to make larger.

To save you time in typing, the list of stocks above, sorted most favorable EV at the top descending, is as follows:


BIOL
VCLK
BOFI
CPTS
LOPE
NXST
CBM
EPL
SSI
KR
PRXL
STC
CTCM
CONN
MMP
KMX
MPW
SIRI
ACOR
FOR
SBGI
CZZ
HF
JRN
VMED
PIKE
PGTI
SIRO
ASTX
SFLY
SIG
EVC
HOTT
NLS
FLO
AB
CERS
COG
HCI
BX
GMCR
JOEZ
BEAV
PUK
HIMX
LEDR
SMI
TCX
WTT

Of course I urge you do perform your own diligence and to take responsibility for your own decisions.  I am not responsible for anything you do with this list of stocks.  Note that I have orders placed with many of these stocks.

Whether is this a short-term, failure-prone signal or not is left for the folks with crystal balls.  I take every signal, and I use GGT's methods to get into and also jump out of stocks.  

Happy hunting.

Regards,

pgd


Tuesday, April 16, 2013

Whipsaw - Moving Back to Cash

.
I'm on travel so I will be brief.

My GGT model has indicated a whipsaw with the 4/11 signal to move long, effectively reversing any move to the long side. I continue to raise cash and ignore all "New Long" signals that are occurring in equities.  Now is not the time to be opportunistic, as the tide is clearly turning despite earnings season.

Remember, you are responsible for your own decisions, and I am not.  Please do your diligence, and please take ownership for your actions.

Regards,

pgd



Thursday, April 11, 2013

GGT Model Signals Long 4/11


I'm on travel so this will be brief.

My GGT model has signaled that I should move long.  Stocks that are breaking out will be fair candidates, as well as GGT stocks signalling "New Long".  A listing of the latest stock database can be shared via Dropbox if you send a message to pduncan [a-t] vt.edu, replacing the [a-t] with the @ symbol and no spaces, and make the subject of the message "Dropbox".

The GGT long-term timer is long, and has been for some time.  The short-term timer and intermediate-termed timer just transitioned long with the close of markets on 4/10, so here we go into earnings season.

Remember, you are responsible for your own decisions, and I am not.  Please do your diligence, and please take ownership for your actions.

Regards,

pgd