
In This Week’s Issue:
In This Week’s Issue:
– Stockscores Active Trader Webinar – Tuesday Feb 17 6pm PT, 9pm ET
– Stockscores’ Market Minutes Video – Take the Money and Run
– Stockscores Trader Training – The Getting Started Area of Stockscores
– Stock Features of the Week –
Stockscores Active Trader Webinar
Tuesday Feb 17 6pm PT, 9pm ET
Click here to register
Stockscores Market Minutes Video – Take the Money and Run
How you trade a trending market is different than a choppy trendless market. Do you be patient with the winners or take the money and run? That and this week’s market analysis.
Click here to watch
Trader Training – The Getting Started Area of Stockscores
Within the Stockscores Education Center resides the Getting Started videos. These are free video lessons that highlight basic investing and trading concepts as well as provide an overview of how to use some of the tools on Stockscores.com. There are 11 titles on a variety of topics that you can watch right now by going to Stockscores.com, clicking on the Education tab and opening the Getting Started area. Here are a few samples of what you will find there, as well as direct links to each video:
The Stockscores Tour
Stockscores.com has the tools and services to make you a better stock trader. This video provides an overview, highlighting powerful tools like the Market Scan and Chart Viewers and how they work together. Plus, a look at the services that can help you become a more profitable trader.
Introduction to the Stock Market
Are you new to stock market investing? Get started with this video which explains how stocks are priced and the importance of information when predicting future price change.
Charting Basics
Every investor can benefit from a basic understanding of stock charts and the message they contain. This video provides an introduction to charting, establishing a base for more advanced charting concepts taught in other Stockscores videos.
Charting on Stockscores
Stockscores.com provides powerful, attractive and easy to use stock charts for investors and traders. This video shows how to get the most out of the Stockscores charts and will teach you how to set your default view, change settings and utilize the fast time frame links on each Stockscores chart.
Stockscores Market Scanner
The Stockscores Market Scan tool allows you to filter thousands of stocks using dozens of filters. A massive time saver, the Market Scan will give you an edge by finding strong stocks before the rest of the market catches them.
The Stockscores Watchlist and Portfolio Creators
The Stockscores Watchlist Creator allows you to create a list of stocks to view as charts, in a price table or to scan against using the Stockscores Market Scanner. You get the same functionality with the Stockscores Portfolio Creator plus the added ability to track the performance of your investments based on your purchase price and transaction costs.
For the investor who want to make decisions once a week, the Stockscores Simple Weekly is the ideal strategy. Utilize the Stockscores Market Scan and Charting tools to identify stocks that have the potential to outperform in the months ahead with only 15 – 30 minutes of work required each week. First, set your default chart to 3 year, weekly and then run the Stockscores Simple Weekly Market Scan. Inspect the charts in search of stocks breaking from predictive chart patterns. Here are some names I found this week.
1. ELNK
ELNK has broken its long term downward trend line and is now breaking up from a rising bottom, a good turnaround chart pattern. Support at $4.10.
2. ISBC
ISBC has been stuck under resistance at $11.20 for over a year but last week broke through that threshold, setting up for the start of a new upward trend. Volume was not great on the break. Support at $10.70.
3. FLEX
FLEX broke to new highs last week after stalling under $11.50 since the Spring of 2014. Volume was not great on the break. Support at $10.50.
4. MHLD
MHLD breaks out through $13 resistance and pays a dividend of 3.47%. I would like to see more volume in support of the break. Support at $12.45.
References
- Get the Stockscore on any of over 20,000 North American stocks.
- Background on the theories used by Stockscores.
- Strategies that can help you find new opportunities.
- Scan the market using extensive filter criteria.
- Build a portfolio of stocks and view a slide show of their charts.
- See which sectors are leading the market, and their components.
Disclaimer
This is not an investment advisory, and should not be used to make investment decisions. Information in Stockscores Perspectives is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The writers and editors of Perspectives may have positions in the stocks discussed above and may trade in the stocks mentioned. Don’t consider buying or selling any stock without conducting your own due diligenc