Back to


03/03/2017 No stocks found, scan found 258 candidates

03/03/2017 No stocks found, scan found 258 candidates

Postby Cobra » Fri Mar 03, 2017 5:40 pm

The strategy is first to scan strong stocks, then I hand pick those with base and breakout patterns.

In a strong market, the scan for strong stocks should yield around 400+ stocks.

258 candidates today is not an OK number since the market made a decisive new all time high this week which should easily yield near 400 candidates in the past. The 241 last week and 258 this week, to me, says one thing: The rally was not broad based therefore suspicious.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Site Admin
Posts: 46090
Joined: Sat Feb 12, 2011 10:29 pm

Return to Stock Picks

Who is online

Users browsing this forum: No registered users and 1 guest