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  • Long and Short Ideas for March 25th with PatternDNA 0 comments
    Mar 25, 2011 8:22 AM | about stocks: TGT, LNCE, PAET, SWM, TNS, CDR, AAL, WMS-OLD, BBBB, RLRN
    This week's 10 stocks come from Kapitall. The selection covers 10 downtrending stocks with low cash to operating expenses. 

    Stock No. of Patterns 1-day
    % Win
    2-day
    % Win
    5-day
    % Win
    Average Return
    Per Trade (> 5 day)
    TGT 54 39 37 56 0.9
    LNCE 22 45 48 38 0.8
    PAET 69 59 59 61 5.1
    SWM 25 53 58 43 4.1
    TNS 77 42 37 57 1.8
    CDR 57 47 55 53 1.8
    LCC 20 30 39 55 3.9
    WMS 68 56 53 57 4.9
    BBBB 66 66 57 58 3.4
    RLRN 131 53 48 50 3.1
     
    No clear cut projections as predicted by PatternDNA, PAETEC Holding Corp (NASDAQ:PAET) the best of the bunch here. The net projection over the 10 stocks is no better than a 50:50 across the five days. 

    PAETEC Holding Corp (PAET) has a 61% probability of a higher close five days after the Pattern completes. When it's viewed over a longer timer frame based on Average Return per Trade (Average Return Per Trade assumes an initial stop of 10%, raised to 5% off the price reached on a 15% gain. Ultimate Profit Target of 25%) it offers a 61.8% win percentage with an Average Return of 5.1%. 

    On the short front, US Airways Group (LCC), has a 70% and 61% of a lower close today and tomorrow - but it recovers by the fifth day. Maybe an aggressive buy on the close of the second day?
    Stocks: TGT, LNCE, PAET, SWM, TNS, CDR, AAL, WMS-OLD, BBBB, RLRN
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