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02/12/2016 No stock picks this week, nothing found.

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Cobra
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02/12/2016 No stock picks this week, nothing found.

Post by Cobra »

Nothing found this week. Usually I scan very strong stocks with decent volume, the results are 200 to 300 stocks then I hand pick those with base and breakout pattern. Today the scan found only 57 stocks (better than the last week which was 53, the last last week was 45, and the last last last was 39), so very hard to find candidates. I see steady increasing of strong stocks now week by week despite the broad market keeps going down, so the condition is improving!

We’re in bear trend now, but it’s not a mature bear so no candidates for short as well.

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