Combine PowerRatings With NASDAQ 100 Stocks
Today’s
PowerRatings article will focus on stocks with high PowerRatings from the
NASDAQ 100.
The NASDAQ Composite Index is up 10% year-to-date and is up 7.76% in the last 13
weeks. Trading these stocks will help to ensure that there will be adequate
volume to get your order filled in a timely manner.
From 1995-2005,
stocks with a PowerRating of 8 have outperformed the S&P 500
index on average by an 8.3-to-1 margin, while a PowerRating of 10 doubles that
performance to 16.3.
PowerRatings also help indicate a stock’s
downside as well as timely short-sale entry points; PowerRatings of 1 and 2 have
on average lost money over the next week. A PowerRating of 1 typically
underperformed the S&P 500 by a 5-1 margin. Obviously, you should ideally be
looking to add high PowerRatings stocks to your list of buy candidates and avoid
buying low PowerRatings stocks.
Here is a partial list of our current NASDAQ 100
PowerRatings List. These stocks show a PowerRating of 7. Historically, stocks
with similar ratings have had an upward bias over the next 1 to 5
days. While this is not a prediction, you may want to follow the price action
of these stocks in the coming days.
Activision
(
ATVI |
Quote |
Chart |
News |
PowerRating)
Apple Computer
(
AAPL |
Quote |
Chart |
News |
PowerRating)
eBay
(
EBAY |
Quote |
Chart |
News |
PowerRating)
Intuit
(
INTU |
Quote |
Chart |
News |
PowerRating)
Oracle
(
ORCL |
Quote |
Chart |
News |
PowerRating)
As you can see, these stocks have all sold off
recently. This is a unique situation where fear overcomes the public and
they sell. Once this oversold situation reaches a saturation point, market
makers and specialists (i.e. smart money) help to push the stock back up over
next 1 to 5 trading sessions. Our historically backtested PowerRatings
help you to identify points where a selloff may be unsustainable and where a
reversal to the upside could take place.Â
Find tomorrow’s winning stocks today!
Click Here!
Attend a free class on how to use
PowerRatings, presented by Steve Primo, our Director of Education.
Darren Wong
Associate Editor
Would you like to receive PowerRatings for full month for free? Send us your
PowerRatings strategy and if we accept it for publication, you will receive one
free month of unlimited access to PowerRatings. If you are already a monthly or
annual PowerRatings subscriber, you will receive an additional three months if
we publish your strategy.
Reminder: We are in no way recommending the purchase or short sale of these
stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions,
price patterns and risk; our information is designed to contribute to your
understanding.