Thursday, April 9, 2009
Super Bullish
The market has followed through in a huge way rallying from the lows of March 9th, and stocks are breaking out all over the place to an extent we rarely see.
Now's the time to throw the book at it. Take the plunge, stocks don't get this bullish very often. The simplest and possibly most effective way to capitalize on it is to put the stock screener to work. Use it to find stocks making new highs, with a good Relative Strength Rank, EPS rank, Accumulation/distribution percentage, and a good looking base pattern. Then just buy a handful of the strongest ones and hang on for the ride.
My personal favorite stock scanner is at gigascanner.com or our new stock-picking site gigastockpicks.com. There's a lot to like about these free web-based trading tools.
Now's the time to throw the book at it. Take the plunge, stocks don't get this bullish very often. The simplest and possibly most effective way to capitalize on it is to put the stock screener to work. Use it to find stocks making new highs, with a good Relative Strength Rank, EPS rank, Accumulation/distribution percentage, and a good looking base pattern. Then just buy a handful of the strongest ones and hang on for the ride.
My personal favorite stock scanner is at gigascanner.com or our new stock-picking site gigastockpicks.com. There's a lot to like about these free web-based trading tools.
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