Zacks.com Featured Expert Kevin Matras Highlights the Following Stocks: Annaly Mortgage Management, Istar Financial, Schlumberger, Brookfield Homes and Epicor Software.CHICAGO -- Zacks.com releases it's exclusive Screen of the Week report that highlights another successful stock picking strategy developed with their Research Wizard software. Kevin Matras goes over 2 screens and shows you how to use Price and Volume for pulling profits and cutting losses. See if any of your stocks on are on these lists and 5 that are. Some stocks in this week's screen are: Annaly Mortgage Management, Inc. (NYSE NYSE See: New York Stock Exchange :NLY) Istar Financial, Inc. (NYSE:SFI SFI Sustainable Forestry Initiative (forest certification program of AF&PA) SFI Santa Fe Institute (scientific research in Santa Fe, New Mexico) SFI Science Foundation Ireland SFI Six Figure Income ), Schlumberger, Ltd. (NYSE:SLB SLB Solomon Islands (ISO Country code) SLB Schlumberger Ltd. (oil field services firm) SLB Server Load Balancing SLB Sport Lisboa e Benfica (soccer) ), Brookfield Homes Corp. (NYSE:BHS BHS beta-hemolytic streptococci. ) and Epicor Software Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :EPIC). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=109 Screen of the Week written by Kevin Matras of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. : "When to Sell: Using Price and Volume for Pulling Profits and Cutting Losses" Last month Kevin wrote about how you can use price and volume changes to spot buying opportunities. This week he'll focus on how you can also use price and volume changes to alert you as to when to sell. For instance, if your stocks have been moving up, have they been moving higher convincingly on growing volume or have they been marking higher prices on diminishing volume? This is important since volume is supposed to follow price. If the stocks on your radar are moving higher, but without greater investor interest, it can often mean a pullback Pullback A falling back of a price from its peak. This type of price movement might be seen as a brief reversal of the prevailing upward trend, signaling a slight pause in upward momentum. is in the near offing. A screen for helping you identify the potentially weak from the strong can be as simple as looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. 3 days (or more) of higher prices while each day it's registering less buying pressure (lower volume). Current Price greater than Price 1 Day Ago Price 1 Day Ago greater than Price 2 Days Ago Price 2 Days Ago greater than Price 3 Days Ago Current Volume less than Volume 1 Day Ago Volume 1 Day Ago less than Volume 2 Days Ago Volume 2 Days Ago less than Volume 3 Days Ago There were 20 stocks that fit this screen as we headed into this week (9/27/04). Here's a few of them. NLY Annaly Mortgage Management, Inc. SFI Istar Financial, Inc. SLB Schlumberger, Ltd. What about stocks that are drifting sideways drifting sideways the patient moves gradually to one side when attempting to walk in a straight line. or heading lower? Sideways activity is generally a sign of uncertainty and you'll typically see volume dry up during these times. If you see volume increasing, it's worth it to take a second look. And while it's true, it could be people accumulating positions on an expectation for higher prices, it could also be people exiting their positions or new bets on lower prices. And of course, if the stock is falling amid increasing volume, the chances are even greater that this is indeed what's happening. A screen that looks for three days down (or unchanged) with increasing volume will spot these types of stocks. Lots of action with no upside Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside progress can often be a sign of distribution (people selling off their stock), or people getting short. Current Price less than or equal to Price 1 Day Ago Price 1 Day Ago less than or equal to Price 2 Days Ago Price 2 Days Ago less than or equal to Price 3 Days Ago Current Volume greater than Volume 1 Day Ago Volume 1 Day Ago greater than Volume 2 Days Ago Volume 2 Days Ago greater than Volume 3 Days Ago This screen is showing 51 stocks this week. Such as; BHS Brookfield Homes Corp. EPIC Epicor Software Corp. There are also many other ways to use price and volume as an indicator of a stock's future direction. But by simply applying these screens to your stocks, you could learn how to lock in hard earned profits on your winners, keep yourself out "suckers rallies", and get out of losers before it's too late. See for yourself and put your own stocks to the test. It can all be done (and so much more) with the Research Wizard. Sign up now for your two week free trial. http://at.zacks.com/?id=110 And remember, the key to successful screening is in discovering those screens that have produced profitable results in the past. And that's exactly what you get with the powerful backtesting ability of Research Wizard. Click here to find out more about our free trial to this profitable stock selection tool: http://at.zacks.com/?id=111 About Screen of the Week Zacks.com created the first and best screening system on the web and that's what earned us the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why we created the Screen of the Week to highlight profitable stock picking strategies that you can actively employ on your own. Each week we share a new screening strategy in our Profit from the Pros free email newsletter. 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In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of dividends but does not reflect advisory fees. An investor cannot invest directly in an index. Disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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