Focus on stocks with the biggest up change in PowerRating
In the
TradingMarkets PowerRatings Strategy Guide, Strategy 4 says “Focus on
the stocks that have the biggest daily increases in their PowerRatings.”
These stocks have tended to do especially well if they’ve had an increase in
their rating by at least 2 points or more and they have a PowerRating of 7 or
higher today. The rule is: the bigger the PowerRating change to the upside,
combined with the today’s higher PowerRating, the better the stock has performed
over the next week.
TradingMarkets publishes a daily list of stocks with the
Biggest PowerRatings Up Changes.
Here are some of today’s “Biggest PowerRatings Up Changes.”
| Symbol | PowerRating | Change | Symbol | PowerRating | Change |
( BONT | Quote | Chart | News | PowerRating) |
8 | 3 | ( BLDP | Quote | Chart | News | PowerRating) |
7 | 2 |
( PRLS | Quote | Chart | News | PowerRating) |
8 | 2 | ( MRVC | Quote | Chart | News | PowerRating) |
7 | 2 |
( TXCO | Quote | Chart | News | PowerRating) |
7 | 2 | ( CIEN | Quote | Chart | News | PowerRating) |
7 | 2 |
( LPTH | Quote | Chart | News | PowerRating) |
7 | 2 | ( OS | Quote | Chart | News | PowerRating) |
6 | 4 |
( HOM | Quote | Chart | News | PowerRating) |
7 | 2 | ( ERS | Quote | Chart | News | PowerRating) |
5 | 4 |
As you can see from the table above, eight out of
the ten stocks have PowerRatings of 7 or higher. That means they should be on
your watch list as potential buy candidates. The last two (OS and ERS) have had
large changes in their PowerRatings but neither have PowerRatings high enough to
warrant any action yet.
Next week I’ll follow up on these eight stocks to see how they perform over the
next five days versus the S&P 500.
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Ashton Dorkins
Editor-in-Chief