Step 1...	Your candidate stocks must be rising and show strong support. Find them using filters like these!
	StockFetcher: Click here for a StockFetcher filter that finds stocks currently moving up (opens in new window)
	BarChart: Click here for a sector performance list (opens in new window). Analyze the DAILY column to identify sectors developing into future leaders. Click the sector name to show the underlying stock symbols within the sector.
	Another sector momentum list (opens in new window). This site does not show underlying stock symbols. Get them from Yahoo Finance. Each index name is also a URL. The URL syntax shows index symbol. The BLUE colored dates are your indicator of a recent turn around in momentum.
	StockCharts: Another momentum list (opens in new window). Each index name is also a URL. Click on URL to see detailed charts.
Step 2...	Enter each of your candidate stock symbols below and analyze its momentum (instructions below).

Enter a Symbol :	About the KST charts Top half of the chart is daily stock price in OHLC format. (OHLC = open high low close) Vertical size of bar spans each day's high and low prices. Larger span = more volatility. Left-side tic = period opening price / right-side tic = period closing price. dotted red line = simple moving average black line (spread between black and red lines shows you the trend!) red/green color of OHLC bars driven by Short Term KST crossovers - - - green bar = KST black line above dotted red line red/green background color driven by LongTerm KST crossovers ===> Notice you can beat the crossovers by analyzing the change in the slope Bottom half of the chart contains a type of momentum indicators called KSTs Generic indicators good, but not perfect. Calibration to specific stock required for perfection. KST : black line change = change in price momentum ==> Notice there are 3 weekly KSTs : short / intermediate / long best result when all KSTs in same direction (e.g., all slopes > 0 = strong upward momentum) ==> Changes in KST slopes are what is significant - slope increasing = price momentum upward = open longs (stock, Call), close shorts - slope decreasing = price momentum downward = close longs, open shorts (Puts) Investing rules Strict STOPS! Close any position moving more than X% against you ---- X% is a combination of multiple factors ------- #1 - don't let a profit turn into a loss -------- #2 - don't lose more than 1.5% of your total investable capital (e.g., $150 of $10K) --------- #3 - tighten stops when short KST slopes go < 0 ---------------- close positions where intermediate & long KSTs worsen against you ---------- #4 - your own techniques... reaction to broad market, news, etc For stocks where your all KSTs are in agreement --- review weekly ---- Review daily if your KSTs conflict, and STOP your positions without regret =======> It takes a 100% profit to recover a 50% loss, but only a 33% profit to recover a 25% loss
Cross check your symbols thru the Camarilla Equation (a statistical method for picking entry points). ===> Change the symbol in the URL that shows. Screen can be slow.     The TRADESTARS website uses a cookie to limit how many symbols you can run per day (you must delete the cookie and reset your browser to run more stocks.)     ... to do this on Win98, shutdown all browser windows and run this command ==> del C:\WINDOWS\COOKIES\*tradestar* Camarilla Equation - Holy Grail indicator at Tradestars (opens in new window). Green bars depict upward trigger point = buy if price pierces top level. Bottom of green bar is abandon point = abandon trade (do not buy) if price drops below. Hover the mouse (but don't click) over the top of a bar to see the buy and abandon levels Red bars are for shorting selling.
Cross check your symbols thru V-V Still experimenting with this. But from what I can tell, VV's relative ratings could be useful to compare one stock versus another, and to observe over time how a stock gets relatively stronger or weaker.     The V-V website uses a cookie to limit how many symbols you can run per day (you must delete the cookie and reset your browser to run more stocks.)     ... to do this on Win98, shutdown all browser windows and run this command ==> del C:\WINDOWS\COOKIES\*vectorvest* Record & compare the relative rankings, especially RT (relative timing) which is a momentum estimate           Click here to open the V-V analysis screen
Step 3... Analyze the Put-Call ratio as a surrogate for Short Interest Every month... 80% of stock options are losers. The big money boys push the stock price against the herd and reap the rewards. ===> Confirm you're NOT enter the wrong side of a situation like this by... Analyzing the trend of recent (yesterday, last week, month-to-date, etc) PUT & CALLs cleared by the OCC Looking up the Short Interest and Short Interest Ratio (SIR) trends (Yahoo shows them under "More Key Statistics")           Click here for the PC Ratio tool @ Schaeffer's Research           Click here for the OCC (Options Clearing Center) data tool
======> Daily Checklist... a tracking sheet I use to organize the daily analysis         PDF file of daily checklist
Avoid chaos (high-risk = big losses). Be sure the trend is not dying, or worse... moving against you. * Statistical analysis of price data proves market behavior is not random.     Across any time period an equity's behavior will be chaotic (higher risk than random) on up through trending (lower risk than random).     Use an indicator such as the VHF (a Hurst Exponent estimate) to see if a trend is building or falling apart. * Failed picks are fewer when the markets and your picks are trending.     Fortunately the data proves markets and sectors repeat the same cycles in the same sequences.     The Stock Almanac (links below) teaches the basic trends and the influencing events. Use Technical Indicators like MACD to see the trends (links below).   By observing technical indicators over time... it gets easy to recognize and classify counter-trend and hyper-trend price moves: - Market Makers manipulating the markeet to squeeze the "dumb money" out, - over-reactions to events, - program-trading at key technical levvels, and so on. Patterns shown by price data... Weekly: most gains on Mondays, most losses on Fridays Monthly: most gains 8 days per month (1-2, mid, end), losses the rest of the days Yearly: most gains in Winter, losses the rest of the year. Best 6-Months pattern = $10,000 in 1950 grew into $1,411,112         Stock Almanac: Click here to see the DJA's Best Six Months strategy         Stock Almanac: Learn how to see & analyze Trends using the MACD indicator You can construct MACD in Excel. The data is free on yahoo finance. IDEA1: try a variable ema version as an improvement on the close-on-April-1 rule. IDEA2: add rows for future period and experiment to see what prices reverse the current trend. Stock Almanac: Click here for the archive of Stock Almanac newletters - goldmine of patterns and cycle info here!!! Lots of free charts available on the web... but most have static settings for MACD of 12-26-9 (ok for slow, daily data).   For weekly data and fast-changing data you will need to be able to configure fewer periods.   BarChart can do this (link below). StockFetcher too (link at top of this page).   Program indicators in Excel - then you can easily calculate future price levels for REVERSALS, which could help you protect profits and identify new trends earlier. BarChart: Click here for the charting tool @ BarChart --- allows you to set indicator parameters! Schaeffers: Click here for the charting tool @ Schaeffer's Research Bloomberg: list of economic events that influence trends... before, during, after Briefing: list of economic events that influence trends... before, during, after Marketwatch: list of economic events that influence trends... before, during, after