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John V.
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My methodology is based on William O'Neil's brilliant book "How to Make Money in Stocks" and I'm constantly searching for super-winning stocks. I utilize the CANSLIM strategy popularized by O'Neil and I've added minor modifications to suit my needs. The steps in my process are: 1.... More
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  • Super Stock Screener results, September 10th 0 comments
    Sep 19, 2011 1:08 AM | about stocks: AAPL, ACTG, ALXN, ATHN, BIDU, BKI, CF, CPA, EDU, GMCR, JCOM, KEX, LULU, LVS, MTZ, NTES, OXM, PCLN, PII, MNK, RL, RNOW, SPRD, TGI, TIF, UA, ZAGG

    This weeks results from my Super Stock Screener.  Screening is an excellent starting point for finding winning stocks.

     

    My thoughts:

     

    A quick post today.  Apparently the world is be bracing for more bad news from Europe and especially Greece.  Bear Markets typically feature all sorts of bad things financially, and I think the problem is that no one knows what exactly will happen if the Greeks do default on their debts.

     

    Some fears include whether there will be a chain-reaction that hurts banks in France and Germany, or could a default possibly topple financial institutions around the world including in the US?  Because investors don't know the answers to these questions I thus feel that markets will remain in a very negative position with bearish sentiment on stocks and all financial assets in general.

     

    The individual investor has the wonderful good fortune to be able to sit in cash during periods like these until the damage gets done and the danger passes.  Professional investors such as Hedge-fund and Mutual-fund managers get no such benefit.  They have to position things as best as they can, and even if they predict the market correctly they can still lose money because their investors require them to be fully-invested at all times.  What a crazy set of rules!

     

    Years ago I thought I wanted to be a professional portfolio manager at an investment firm, but what I realized is that it would just kill me to own stocks during a bear market and ride them all down.  I would have gone crazy being long stocks and unable to sell, and I think if you're well-intentioned and want to do well for your investors then that would be doubly tough to do.  Instead, I much prefer being able to sit out in cash for as long as necessary and if that means taking an extended break then so be it.

     

    Interestingly, an extended break before a real bounce occurs might only be a few weeks away.  In my prior post I listed a rudimentary table that compared the number of down weeks before meaningful potential bottoms from each of the 2008 and 2010 market drops along with where we are currently.  We have finished 7 full weeks since the markets began falling in August, and since the average length of time before a meaningful bottom from the other two market episodes was 10 weeks then it means that we may be closer than we think to an attempt at a real bottom...provided that the current period rhymes with 2008 and 2010.

     

    Many charts are still broken and there is still plenty of bad news that has not come out yet, so until that bottom attempt arrives then I suggest maximum caution.  I for one will be sitting out, and hopefully I can enjoy margaritas on the beach before it becomes time to get serious about the markets again.

     

    Below is the latest results for the Super Stock Screener and if you're going to watch any stocks then these are a good start.  Have a safe, cautious trading week.

     

    As always this is not a buy list but rather a starting point for doing more research.  Stocks that are new are underlined and have an Asterisk (*) next to their company name.

     

    Symbol

    Name

    EPS % Chg Last Qtr

    Sales % Chg Lst Qtr

    ROE

    AAPL

    Apple Inc

    122

    82

    35.3

    ACTG

    Acacia Rsrch Acacia Tech

    1800

    165

    50.6

    ALXN

    Alexion Pharmaceuticals

    45

    48

    21.6

    ATHN

    Athenahealth Inc

    83

    33

    15.2

    BIDU

    Baidu Inc Ads

    106

    87

    54.8

    BKI

    Buckeye Technologies Inc

    162

    25

    17.9

    CF

    C F Industries Holdings

    174

    38

    19.5

    CPA

    Copa Holdings Sa

    52

    41

    24.8

    EDU

    New Orientl Edu&Tech Ads

    100

    59

    23.6

    GMCR

    Green Mtn Coffee Roastrs

    133

    127

    15.9

    JCOM

    J 2 Global Communication

    41

    40

    23.5

    KEX

    Kirby Corp *

    56

    60

    10.8

    LULU

    Lululemon Athletica

    73

    39

    36.2

    LVS

    Las Vegas Sands Corp *

    218

    47

    12.6

    MTZ

    Mastec Inc

    72

    52

    15.3

    NTES

    Netease.com Inc Adr

    65

    39

    26

    OXM

    Oxford Industries Inc

    78

    26

    14.6

    PCLN

    Priceline.com Inc

    78

    44

    44.2

    PII

    Polaris Industries Inc

    83

    41

    51.1

    QCOR

    Questcor Pharmaceutical

    53

    62

    37.7

    RL

    Ralph Lauren Corp Cl A

    57

    32

    17.7

    RNOW

    Rightnow Technologies

    67

    26

    27.6

    SPRD

    Spreadtrum Comm Inc Ads *

    91

    124

    52.4

    TGI

    Triumph Group Inc

    52

    108

    13.5

    TIF

    Tiffany & Co

    56

    30

    18.5

    UA

    Under Armour Inc Cl A

    71

    42

    15.3

    ZAGG

    Zagg Inc

    138

    158

    45.2

     

     

    Stock that fell off the Super Stock Screener results from September 3rd are below:

     

    Symbol

    Name

    DAR

    Darling International *

    FMCN

    Focus Media Holding Ads *


    Stocks: AAPL, ACTG, ALXN, ATHN, BIDU, BKI, CF, CPA, EDU, GMCR, JCOM, KEX, LULU, LVS, MTZ, NTES, OXM, PCLN, PII, MNK, RL, RNOW, SPRD, TGI, TIF, UA, ZAGG
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