Using the free version of PatternDNA we took a look at Jim Cramer's Lightening Round picks as provided by Miriam Metzinger. Once again, Jim sticks with Potash (POT) on the bull side, in addition we have Mosaic (MOS), CF Industries (CF), Agrium (AGU), and Baidu (BIDU) - one of our CANSLIM stocks. On the bearish side we ahve Cirrus Logic (CRUS), Intuitive Surgical (ISRG) - another one of our CANSLIM stocks - and China Biotics (CHBT).
| Stock | No. of Patterns | 1-day % Win | 2-day % Win | 5-day % Win | Average Return Per Trade (> 5 day) |
| POT | 23 | 65 | 86 | 78 | 3.4 |
| MOS | 28 | 68 | 65 | 51 | 6.9 |
| CF | 18 | 57 | 46 | 50 | 5.8 |
| AGU | 77 | 40 | 49 | 59 | 4.3 |
| BIDU | 109 | 74 | 67 | 69 | 6.1 |
| CRUS | 208 | 58 | 58 | 62 | 5.2 |
| ISRG | 222 | 59 | 58 | 61 | 4.0 |
| CHBT | 103 | 57 | 59 | 53 | 4.6 |
No surprise to see PatternDNA offer a high degree of bullishness going forward, although the probability of a higher gain kicks off on day 1 after the Pattern at 60% and stays around the 60% mark until day 5. This suggests a short term bounce which fails to build after the initial first day response.
The most bullish short term projections were for Potash (POT) and Baidu (BIDU), although Mosaic (MOS) offerered the highest Average Return Per Trade at 6.9%.
While the short term outlook for Potash (POT) was very positive, its Average Return per Trade basis the lowest of the eight at 3.4% (with 57% winners). Baidu (BIDU) may have the best outlook gonig forward with 64.5% winners with an Average Return per Trade of 6.1%.